Kuwait M2 Growth
1995 - 2026 | Monthly | % | CEIC Data
Key information about Kuwait M2 Growth
- Kuwait Money Supply M2 increased 1.9 % YoY in Mar 2026, compared with a growth of 3.5 % in the previous month
- Kuwait Money Supply M2 growth data is updated monthly, available from Jan 1995 to Mar 2026
- The data reached an all-time high of 26.9 % in Jan 2008 and a record low of -9.5 % in Sep 2021
CEIC calculates M2 Growth Rate from monthly M2. The Central Bank of Kuwait provides M2 in local currency.
Further information about Kuwait M2 Growth
- In the latest reports, Kuwait Foreign Exchange Reserves was measured at 34.7 USD bn in Mar 2026
- The Foreign Exchange Reserves equaled 9.2 Months of Import in Dec 2025
- Kuwait Domestic Credit reached 158.3 USD bn in Mar 2026, representing an increased of 16.0 % YoY
- The country's Non Performing Loans Ratio stood at 1.6 % in Sep 2025, compared with the ratio of 1.6 % in the previous quarter
- Household Debt of Kuwait reached 1.1 USD bn in Mar 2026, accounting for 1.1 % of the country's Nominal GDP
View Kuwait's M2 Growth from Jan 1995 to Mar 2026 in the chart:
What was Kuwait's M2 Growth in Mar 2026?
Kuwait Money Supply M2 increased 1.9 % YoY in Mar 2026, compared with a growth of 3.5 % in the previous month See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 1.9 Mar 2026 | 3.5 Feb 2026 | -9.5 Sep 2021 | 26.9 Jan 2008 | % | monthly | Jan 1995 - Mar 2026 |
M2 Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 12.5 Mar 2026 | monthly | Dec 1994 - Mar 2026 |
| Algeria (%) | 9.0 Dec 2024 | monthly | Jan 2002 - Dec 2024 |
| Argentina (%) | 29.1 Mar 2026 | monthly | Jan 1991 - Mar 2026 |
| Armenia (%) | 22.0 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Australia (%) | 8.2 Mar 2026 | monthly | Mar 1966 - Mar 2026 |
| Austria (%) | 2.5 Mar 2026 | monthly | Sep 1998 - Mar 2026 |
| Azerbaijan (%) | 6.9 Oct 2025 | monthly | Dec 1996 - Oct 2025 |
| Bahrain (%) | 4.0 Mar 2026 | monthly | Dec 1975 - Mar 2026 |
| Bangladesh (%) | 10.5 Feb 2026 | monthly | Jun 1987 - Feb 2026 |
| Belarus (%) | 27.8 Apr 2026 | monthly | Dec 1990 - Apr 2026 |
| Belgium (%) | 2.4 Mar 2026 | monthly | Dec 1997 - Mar 2026 |
| Bolivia (%) | 15.5 Jan 2026 | monthly | Dec 1988 - Jan 2026 |
| Bosnia and Herzegovina (%) | 10.6 Mar 2026 | monthly | Aug 1998 - Mar 2026 |
| Botswana (%) | 2.9 Dec 2025 | monthly | Jan 2002 - Dec 2025 |
| Brazil (%) | 9.9 Mar 2026 | monthly | Jan 1971 - Mar 2026 |
| Bulgaria (%) | 19.3 Mar 2026 | monthly | Dec 1996 - Mar 2026 |
| Cambodia (%) | 6.1 Mar 2026 | monthly | Jan 1996 - Mar 2026 |
| Canada (%) | 3.7 Feb 2026 | monthly | Jan 1969 - Feb 2026 |
| Chile (%) | 4.5 Apr 2026 | monthly | Jan 1987 - Apr 2026 |
| China (%) | 8.6 Apr 2026 | monthly | Mar 1997 - Apr 2026 |
| Colombia (%) | 11.0 Apr 2026 | monthly | Dec 1980 - Apr 2026 |
| Croatia (%) | 5.1 Mar 2026 | monthly | Jun 1995 - Mar 2026 |
| Cyprus (%) | -5.2 2014 | yearly | 2006 - 2014 |
| Czech Republic (%) | 4.5 Mar 2026 | monthly | Jan 2003 - Mar 2026 |
| Denmark (%) | 2.5 Mar 2026 | monthly | Jan 1992 - Mar 2026 |
| Ecuador (%) | 11.9 Mar 2026 | monthly | Dec 2007 - Mar 2026 |
| Egypt (%) | 20.0 Mar 2026 | monthly | Jan 1997 - Mar 2026 |
| Estonia (%) | 4.9 Mar 2026 | monthly | Jan 2012 - Mar 2026 |
| European Union (%) | 4.0 Mar 2026 | monthly | Jan 1981 - Mar 2026 |
| Finland (%) | 1.4 Mar 2026 | monthly | Jan 1981 - Mar 2026 |
| France (%) | 0.9 Mar 2026 | monthly | Dec 1978 - Mar 2026 |
| Georgia (%) | 26.4 Mar 2026 | monthly | Oct 1996 - Mar 2026 |
| Germany (%) | 3.7 Mar 2026 | monthly | Jan 1970 - Mar 2026 |
| Ghana (%) | 26.9 Dec 2025 | quarterly | Mar 1991 - Dec 2025 |
| Greece (%) | 5.4 Mar 2026 | monthly | Jan 2002 - Mar 2026 |
| Hong Kong SAR, China (%) | 9.3 Mar 2026 | monthly | Dec 1981 - Mar 2026 |
| Hungary (%) | 8.0 Mar 2026 | monthly | Jan 1999 - Mar 2026 |
| Iceland (%) | 6.0 Mar 2026 | monthly | Sep 1987 - Mar 2026 |
| India (%) | 17.6 Feb 2026 | monthly | Mar 1995 - Feb 2026 |
| Indonesia (%) | 9.7 Mar 2026 | monthly | Feb 1969 - Mar 2026 |
| Iran (%) | 36.8 Sep 2025 | monthly | Dec 2000 - Sep 2025 |
| Ireland (%) | 5.5 Mar 2026 | monthly | Jan 2000 - Mar 2026 |
| Israel (%) | 7.5 Jan 2026 | monthly | Apr 1982 - Jan 2026 |
| Italy (%) | 2.6 Mar 2026 | monthly | Dec 1975 - Mar 2026 |
| Ivory Coast (%) | 25.7 Feb 2026 | monthly | Jan 2005 - Feb 2026 |
| Japan (%) | 2.4 Apr 2026 | monthly | Jan 1968 - Apr 2026 |
| Jordan (%) | 6.2 Mar 2026 | monthly | Jan 1991 - Mar 2026 |
| Kazakhstan (%) | 16.6 Mar 2026 | monthly | Dec 1994 - Mar 2026 |
| Kenya (%) | 13.2 Feb 2026 | monthly | Dec 1996 - Feb 2026 |
| South Korea (%) | 5.3 Mar 2026 | monthly | Jan 1971 - Mar 2026 |
| Kosovo (%) | 12.4 2024 | yearly | 2002 - 2024 |
| Kuwait (%) | 1.9 Mar 2026 | monthly | Jan 1995 - Mar 2026 |
| Kyrgyzstan (%) | 50.1 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Laos (%) | 19.6 Mar 2026 | quarterly | Dec 2000 - Mar 2026 |
| Latvia (%) | 9.6 Mar 2026 | monthly | Jan 2015 - Mar 2026 |
| Lebanon (%) | -6.5 Feb 2026 | monthly | Dec 1980 - Feb 2026 |
| Lithuania (%) | 11.4 Mar 2026 | monthly | Dec 1994 - Mar 2026 |
| Luxembourg (%) | 4.7 Mar 2026 | monthly | Jan 2000 - Mar 2026 |
| Macau SAR, China (%) | 6.0 Mar 2026 | monthly | Jun 1985 - Mar 2026 |
| North Macedonia (%) | 11.9 Mar 2026 | monthly | Jan 2004 - Mar 2026 |
| Malawi (%) | 51.0 Sep 2025 | monthly | Jan 1976 - Sep 2025 |
| Malaysia (%) | 5.6 Mar 2026 | monthly | Dec 1970 - Mar 2026 |
| Malta (%) | 6.2 Mar 2026 | monthly | Jan 2009 - Mar 2026 |
| Mauritius (%) | 8.6 Mar 2026 | monthly | Jul 1977 - Mar 2026 |
| Mexico (%) | 6.4 Mar 2026 | monthly | Dec 1986 - Mar 2026 |
| Moldova (%) | 14.2 Mar 2026 | monthly | Jan 2001 - Mar 2026 |
| Mongolia (%) | 21.3 Mar 2026 | monthly | Dec 1997 - Mar 2026 |
| Montenegro (%) | 9.9 2024 | yearly | 2003 - 2024 |
| Morocco (%) | 11.0 Mar 2026 | monthly | Jan 1986 - Mar 2026 |
| Mozambique (%) | 7.5 Feb 2026 | monthly | Dec 2002 - Feb 2026 |
| Myanmar (%) | 32.1 Sep 2025 | quarterly | Dec 2002 - Sep 2025 |
| Nepal (%) | 14.5 Apr 2026 | monthly | Jan 2002 - Apr 2026 |
| Netherlands (%) | 6.8 Mar 2026 | monthly | Dec 1957 - Mar 2026 |
| New Zealand (%) | 5.6 Mar 2026 | monthly | Mar 1989 - Mar 2026 |
| Nigeria (%) | 11.2 Feb 2026 | monthly | Apr 1991 - Feb 2026 |
| Norway (%) | 7.4 Mar 2026 | monthly | Dec 1993 - Mar 2026 |
| Oman (%) | 6.1 Dec 2025 | monthly | Jan 2000 - Dec 2025 |
| Pakistan (%) | 17.2 Feb 2026 | monthly | Jan 1989 - Feb 2026 |
| Palestinian Territory (%) | 14.1 Mar 2026 | monthly | Jul 2003 - Mar 2026 |
| Panama (%) | 6.7 Feb 2026 | monthly | Dec 2003 - Feb 2026 |
| Paraguay (%) | 14.2 Mar 2026 | monthly | Dec 1989 - Mar 2026 |
| Peru (%) | 14.1 Mar 2026 | monthly | Jan 1993 - Mar 2026 |
| Philippines (%) | 11.2 Mar 2026 | monthly | Dec 1989 - Mar 2026 |
| Poland (%) | 11.3 Mar 2026 | monthly | Dec 1997 - Mar 2026 |
| Portugal (%) | 6.5 Mar 2026 | monthly | Dec 1980 - Mar 2026 |
| Qatar (%) | 5.5 Mar 2026 | monthly | Jan 1983 - Mar 2026 |
| Romania (%) | 7.3 Mar 2026 | monthly | Dec 2002 - Mar 2026 |
| Russia (%) | 11.8 Mar 2026 | monthly | Dec 1992 - Mar 2026 |
| Saudi Arabia (%) | 7.7 Mar 2026 | monthly | Jan 1994 - Mar 2026 |
| Serbia (%) | 9.3 Mar 2026 | monthly | Aug 2002 - Mar 2026 |
| Singapore (%) | 6.8 Mar 2026 | monthly | Mar 2005 - Mar 2026 |
| Slovakia (%) | 6.4 Mar 2026 | monthly | Dec 2001 - Mar 2026 |
| Slovenia (%) | 7.1 Mar 2026 | monthly | Jan 2008 - Mar 2026 |
| South Africa (%) | 8.8 Mar 2026 | monthly | Mar 1966 - Mar 2026 |
| Spain (%) | 5.6 Mar 2026 | monthly | Jan 1963 - Mar 2026 |
| Sri Lanka (%) | 12.3 Mar 2026 | monthly | Jan 1995 - Mar 2026 |
| Sudan (%) | 96.5 Feb 2026 | monthly | Dec 2004 - Feb 2026 |
| Sweden (%) | 3.9 Mar 2026 | monthly | Jan 1999 - Mar 2026 |
| Switzerland (%) | 16.2 Oct 2025 | monthly | Dec 1985 - Oct 2025 |
Accurate Macro & Micro Economic Data You Can Trust
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Learn more about what we doKuwait Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -2.1 2024 | yearly | 1988 - 2024 |
| Consolidated Fiscal Balance (USD mn) | -20,623.986 2025 | yearly | 1988 - 2025 |
| Tax Revenue (USD mn) | 128.142 Dec 2015 | monthly | Sep 2003 - Dec 2015 |
| Tax Revenue: % of GDP (%) | 1.2 2024 | yearly | 1986 - 2024 |
| National Government Debt (USD mn) | 8,307.5 Mar 2026 | monthly | Dec 1993 - Mar 2026 |
| Government Debt: % of GDP (%) | 4.7 Dec 2025 | quarterly | Dec 2010 - Dec 2025 |
| Forecast: Government Expenditure (KWD bn) | 29.604 2031 | yearly | 1985 - 2031 |
| Forecast: Government Net Debt (KWD bn) | 23.230 2031 | yearly | 1991 - 2031 |
| Forecast: Government Revenue (KWD bn) | 47.224 2031 | yearly | 1985 - 2031 |
| Government Expenditure: ytd: Purchases of Non Financial Assets (KWD mn) | 1,134.847 Mar 2025 | monthly | Apr 2018 - Mar 2025 |
| Government Expenditure: ytd: Current (KWD mn) | 21,978.132 Mar 2025 | monthly | Apr 2018 - Mar 2025 |
| Government Expenditure: ytd (KWD mn) | 23,112.979 Mar 2025 | monthly | Apr 2018 - Mar 2025 |
| Government Surplus/Deficit (KWD mn) | -6,306.500 2026 | yearly | 1989 - 2026 |
| Public Debt (KWD mn) | 2,550.000 Mar 2026 | monthly | Dec 1993 - Mar 2026 |
| Government Fiscal Balance: ytd (KWD mn) | -1,561.505 Mar 2024 | monthly | Apr 2018 - Mar 2024 |
| Government Revenue: ytd: Non Oil: Tax and Fees (KWD mn) | 550.910 Mar 2024 | monthly | Apr 2018 - Mar 2024 |
| Government Revenue: ytd: Non Oil (KWD mn) | 2,116.770 Mar 2024 | monthly | Apr 2018 - Mar 2024 |
| Government Revenue: ytd (KWD mn) | 23,644.325 Mar 2024 | monthly | Apr 2018 - Mar 2024 |
| Government Revenue (KWD mn) | 13,633.900 2016 | yearly | 1987 - 2016 |
| Government Revenue: Tax (KWD mn) | 486.000 2016 | yearly | 1987 - 2016 |
| Government Expenditure: Current (KWD mn) | 12,125.900 2016 | yearly | 1989 - 2016 |
| Government Expenditure: Capital (KWD mn) | 226.000 2016 | yearly | 1989 - 2016 |
| Government Expenditure (KWD mn) | 18,245.900 2016 | yearly | 1989 - 2016 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.994 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 1,744.4 Dec 2025 | monthly | Jan 1993 - Dec 2025 |
| Total Exports (USD mn) | 5,631.0 Dec 2025 | monthly | Jan 1993 - Dec 2025 |
| Total Exports Growth (%) | -8.7 Dec 2025 | monthly | Jan 1994 - Dec 2025 |
| Aluminum: Exports (USD th) | 50,049.855 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 347,503.397 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 4,176.130 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 3,886.6 Dec 2025 | monthly | Jan 1992 - Dec 2025 |
| Total Imports Growth (%) | 1.5 Dec 2025 | monthly | Jan 1993 - Dec 2025 |
| Imports: Medicament (USD th) | 1,308,449.500 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 650,043.407 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 1.935 Jan 2026 | monthly | Sep 1991 - Jan 2026 |
| Total Imports from USA (USD mn) | 491.006 Dec 2025 | monthly | Jan 2017 - Dec 2025 |
| Total Exports to China (USD mn) | 67.423 Dec 2025 | monthly | Jan 2017 - Dec 2025 |
| Total Imports from China (USD mn) | 847.536 Dec 2025 | monthly | Jan 2017 - Dec 2025 |
| Exports: FOB: Growth Rate: YoY (%) | -8.670 Dec 2025 | monthly | Apr 2020 - Dec 2025 |
| Trade Balance: Quarterly (KWD mn) | 2,789.603 Dec 2018 | quarterly | Mar 1973 - Dec 2018 |
| Exports: SITC: Other Manufactured Articles (KWD mn) | 36.800 Sep 2018 | quarterly | Sep 2014 - Sep 2018 |
| Exports: SITC: Food and Live Animals (KWD mn) | 39.900 Sep 2018 | quarterly | Sep 2014 - Sep 2018 |
| Export Value Index (2015=100) | 156.100 2023 | yearly | 1980 - 2023 |
| Import Value Index (2015=100) | 121.300 2023 | yearly | 1980 - 2023 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 3,480.1 Sep 2025 | quarterly | Mar 2012 - Sep 2025 |
| Current Account Balance (USD mn) | 8,835.6 Sep 2025 | quarterly | Mar 2012 - Sep 2025 |
| Current Account Balance: % of GDP (%) | 22.3 Sep 2025 | quarterly | Mar 2012 - Sep 2025 |
| Foreign Direct Investment (USD mn) | 175.0 Sep 2025 | quarterly | Mar 2012 - Sep 2025 |
| Foreign Direct Investment: % of GDP (%) | 0.4 Sep 2025 | quarterly | Mar 2012 - Sep 2025 |
| Foreign Portfolio Investment (USD mn) | 182.526 Sep 2025 | quarterly | Mar 2012 - Sep 2025 |
| Foreign Portfolio Investment: % of GDP (%) | 0.5 Sep 2025 | quarterly | Mar 2012 - Sep 2025 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 421.4 Sep 2025 | quarterly | Mar 2012 - Sep 2025 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -238.889 Sep 2025 | quarterly | Mar 2012 - Sep 2025 |
| External Debt (USD mn) | 74,413.4 Sep 2025 | quarterly | Mar 2018 - Sep 2025 |
| External Debt: % of GDP (%) | 41.3 2024 | yearly | 2014 - 2024 |
| Forecast: Current Account Balance (USD bn) | 28.640 2031 | yearly | 1980 - 2031 |
| Net International Investment Position (USD mn) | 116,734.177 2024 | yearly | 2001 - 2024 |
| BoP: FA: Other Investments (OT) (KWD mn) | -1,407.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: OT: Assets (KWD mn) | -2,795.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: OT: Liabilities (KWD mn) | 1,389.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Reserve Assets: Central Bank of Kuwait (CBK) (KWD mn) | 448.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Portfolio Investment: Assets (KWD mn) | -1,260.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Portfolio Investment: Liabilities (KWD mn) | 10.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: CA: Secondary Income: Credit (KWD mn) | 0.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: CA: Debit (KWD mn) | 0.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: Capital Account: Debit (KWD mn) | 5.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: CA: Primary Income: Debit (KWD mn) | 0.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: Net Errors and Omissions (KWD mn) | 493.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Financial Derivatives: Liabilities (KWD mn) | 40.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Financial Derivatives: Assets (KWD mn) | -36.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Portfolio Investment: Liabilities: Debt Instruments (KWD mn) | 0.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.6 Sep 2025 | quarterly | Mar 2011 - Sep 2025 |
| Household Debt: % of GDP (%) | 1.1 Dec 2025 | quarterly | Dec 2010 - Dec 2025 |
| Money Supply M1 (USD mn) | 36,776.022 Mar 2026 | monthly | Jan 1994 - Mar 2026 |
| Money Supply M2 (USD mn) | 138,115.328 Mar 2026 | monthly | Jan 1994 - Mar 2026 |
| M2 Growth (%) | 1.9 Mar 2026 | monthly | Jan 1995 - Mar 2026 |
| Foreign Exchange Reserves (USD mn) | 34,725.3 Mar 2026 | monthly | Jan 1964 - Mar 2026 |
| Foreign Exchange Reserves: % of GDP (%) | 22.581 Dec 2025 | quarterly | Dec 2010 - Dec 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 9.2 Dec 2025 | quarterly | Mar 1973 - Dec 2025 |
| Gold Reserves (USD mn) | 103.274 Mar 2026 | monthly | Dec 1961 - Mar 2026 |
| Total Deposits (USD mn) | 199,573.220 Mar 2026 | monthly | Jan 1994 - Mar 2026 |
| Total Deposits Growth (%) | 11.1 Mar 2026 | monthly | Jan 1995 - Mar 2026 |
| Domestic Credit (USD mn) | 158,273.7 Mar 2026 | monthly | Jan 1994 - Mar 2026 |
| Domestic Credit Growth (%) | 16.0 Mar 2026 | monthly | Jan 1995 - Mar 2026 |
| Household Debt (USD mn) | 1,056.5 Mar 2026 | monthly | Jan 2002 - Mar 2026 |
| Total Loans (USD mn) | 176,383.450 Mar 2026 | monthly | Jan 1994 - Mar 2026 |
| Total Loans Growth (%) | 7.80 Mar 2026 | monthly | Jan 1995 - Mar 2026 |
| Private Debt: % of Nominal GDP (%) | 106.68 Dec 2025 | quarterly | Dec 2010 - Dec 2025 |
| Monetary Survey: CBK and Local Banks: Money Supply M2 (KWD mn) | 42,394.500 Mar 2026 | monthly | Jan 1994 - Mar 2026 |
| Money Supply: M3: M2: M1: Currency in Circulation (KWD mn) | 1,878.900 Mar 2026 | monthly | Jan 1994 - Mar 2026 |
| Money Supply: M3 (KWD mn) | 42,394.500 Mar 2026 | monthly | Jan 1994 - Mar 2026 |
| Monetary Survey: CBK and Local Banks: Money Supply M2: M1 (KWD mn) | 11,288.400 Mar 2026 | monthly | Jan 1994 - Mar 2026 |
| Local Banks Time Deposits (KWD mn) | 75,725.800 Jan 2026 | monthly | Jan 1994 - Jan 2026 |
More Indicators for Kuwait
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