Kuwait Motor Vehicles Sales Growth
2006 - 2024 | Yearly | % | CEIC Data
Key information about Kuwait Motor Vehicles Sales Growth
- Kuwait Motor Vehicles Sales dropped 0.9 % in Dec 2024, compared with a growth of 17.6 % in the previous year.
- Kuwait Motor Vehicles Sales Growth rate is updated yearly, available from Dec 2006 to Dec 2024, with an average growth rate of -5.6 %.
- The data reached an all-time high of 22.3 % in Dec 2012 and a record low of -24.9 % in Dec 2016.
- Car Sales of Kuwait recorded 128,318.0 units in Dec 2024.
CEIC calculates annual Motor Vehicles Sales Growth from annual Motor Vehicles Sales. The International Organization of Motor Vehicle Manufacturers provides Motor Vehicles Sales.
View Kuwait's Motor Vehicles Sales Growth from 2006 to 2024 in the chart:
What was Kuwait's Motor Vehicles Sales Growth in 2024?
Kuwait Motor Vehicles Sales dropped 0.9 % in Dec 2024, compared with a growth of 17.6 % in the previous year. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -0.9 2024 | 17.6 2023 | -24.9 2016 | 22.3 2012 | % | yearly | 2006 - 2024 |
Motor Vehicles Sales Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 38.9 2019 | yearly | 2006 - 2019 |
| Algeria (%) | -1.8 2019 | yearly | 2006 - 2019 |
| Argentina (%) | 2.7 Oct 2025 | monthly | Jan 1997 - Oct 2025 |
| Armenia (%) | -32.8 2019 | yearly | 2006 - 2019 |
| Australia (%) | -2.1 Nov 2025 | monthly | Jan 1995 - Nov 2025 |
| Austria (%) | 6.0 2024 | yearly | 2006 - 2024 |
| Azerbaijan (%) | 67.5 2019 | yearly | 2006 - 2019 |
| Bahrain (%) | -16.0 2019 | yearly | 2006 - 2019 |
| Bangladesh (%) | 5.4 2019 | yearly | 2006 - 2019 |
| Belarus (%) | 20.9 2019 | yearly | 2006 - 2019 |
| Belgium (%) | -5.6 2024 | yearly | 2006 - 2024 |
| Bolivia (%) | -12.1 2019 | yearly | 2006 - 2019 |
| Bosnia and Herzegovina (%) | -52.5 2019 | yearly | 2006 - 2019 |
| Botswana (%) | -87.1 2019 | yearly | 2006 - 2019 |
| Brazil (%) | -5.9 Nov 2025 | monthly | Jan 2003 - Nov 2025 |
| Brunei (%) | 20.1 Nov 2020 | monthly | Jan 2011 - Nov 2020 |
| Bulgaria (%) | 17.2 2024 | yearly | 2006 - 2024 |
| Cambodia (%) | 12.6 2019 | yearly | 2006 - 2019 |
| Canada (%) | 1.2 Sep 2025 | monthly | Jan 1947 - Sep 2025 |
| Chile (%) | -12.6 Oct 2025 | monthly | Jan 2015 - Oct 2025 |
| China (%) | 8.8 Oct 2025 | monthly | Jan 2001 - Oct 2025 |
| Colombia (%) | 44.2 Sep 2025 | monthly | Jan 2004 - Sep 2025 |
| Croatia (%) | 12.5 2024 | yearly | 2006 - 2024 |
| Cyprus (%) | -3.9 2019 | yearly | 2006 - 2019 |
| Czech Republic (%) | 10.2 Dec 2020 | monthly | Jan 2012 - Dec 2020 |
| Denmark (%) | 1.3 2024 | yearly | 2006 - 2024 |
| Ecuador (%) | -24.4 2024 | yearly | 2006 - 2024 |
| Egypt (%) | 12.6 2024 | yearly | 2006 - 2024 |
| Estonia (%) | 18.6 2019 | yearly | 2006 - 2019 |
| Finland (%) | -14.5 2024 | yearly | 2006 - 2024 |
| France (%) | -2.4 2024 | yearly | 2006 - 2024 |
| Georgia (%) | -3.4 2019 | yearly | 2006 - 2019 |
| Germany (%) | -0.4 2024 | yearly | 2006 - 2024 |
| Ghana (%) | -19.4 2019 | yearly | 2006 - 2019 |
| Greece (%) | 2.2 2024 | yearly | 2006 - 2024 |
| Hong Kong SAR, China (%) | -12.8 2019 | yearly | 2006 - 2019 |
| Hungary (%) | 12.1 2024 | yearly | 2006 - 2024 |
| Iceland (%) | -34.2 2019 | yearly | 2006 - 2019 |
| India (%) | 2.8 Mar 2022 | monthly | May 2002 - Mar 2022 |
| Indonesia (%) | -4.4 Oct 2025 | monthly | Jan 1990 - Oct 2025 |
| Iran (%) | -31.7 2019 | yearly | 2006 - 2019 |
| Ireland (%) | 0.8 2024 | yearly | 2006 - 2024 |
| Israel (%) | -0.3 2024 | yearly | 2006 - 2024 |
| Italy (%) | -0.3 2024 | yearly | 2006 - 2024 |
| Ivory Coast (%) | 15.8 2019 | yearly | 2006 - 2019 |
| Japan (%) | -1.8 Oct 2025 | monthly | Jan 1992 - Oct 2025 |
| Jordan (%) | 3.6 2019 | yearly | 2006 - 2019 |
| Kazakhstan (%) | 0.7 2024 | yearly | 2006 - 2024 |
| Kenya (%) | -23.9 2019 | yearly | 2006 - 2019 |
| South Korea (%) | -12.9 Oct 2025 | monthly | Jan 1995 - Oct 2025 |
| Kuwait (%) | -0.9 2024 | yearly | 2006 - 2024 |
| Kyrgyzstan (%) | -35.8 2019 | yearly | 2006 - 2019 |
| Laos (%) | 16.8 2019 | yearly | 2006 - 2019 |
| Latvia (%) | 0.8 2019 | yearly | 2006 - 2019 |
| Lebanon (%) | -33.8 2019 | yearly | 2006 - 2019 |
| Lithuania (%) | 30.7 2019 | yearly | 2006 - 2019 |
| Luxembourg (%) | 4.4 2019 | yearly | 2006 - 2019 |
| North Macedonia (%) | 5.9 2019 | yearly | 2006 - 2019 |
| Malawi (%) | 1.6 2019 | yearly | 2006 - 2019 |
| Malaysia (%) | 6.0 Oct 2025 | monthly | Jul 1995 - Oct 2025 |
| Malta (%) | -6.1 2019 | yearly | 2006 - 2019 |
| Mauritius (%) | 3.0 2019 | yearly | 2006 - 2019 |
| Mexico (%) | 3.8 Oct 2025 | monthly | Jan 1996 - Oct 2025 |
| Moldova (%) | 7.7 2019 | yearly | 2006 - 2019 |
| Mongolia (%) | -41.0 2019 | yearly | 2006 - 2019 |
| Morocco (%) | 9.2 2024 | yearly | 2006 - 2024 |
| Myanmar (%) | 43.8 2019 | yearly | 2006 - 2019 |
| Nepal (%) | 3.5 2019 | yearly | 2006 - 2019 |
| Netherlands (%) | 16.5 2024 | yearly | 2006 - 2024 |
| New Zealand (%) | -13.5 2024 | yearly | 1976 - 2024 |
| Nigeria (%) | -42.4 2019 | yearly | 2006 - 2019 |
| Norway (%) | 0.1 2024 | yearly | 2006 - 2024 |
| Oman (%) | -0.2 2019 | yearly | 2006 - 2019 |
| Pakistan (%) | 34.8 Oct 2025 | monthly | Jul 2006 - Oct 2025 |
| Palestinian Territory (%) | -25.3 2019 | yearly | 2006 - 2019 |
| Panama (%) | 16.0 Oct 2025 | monthly | Jan 2006 - Oct 2025 |
| Paraguay (%) | -15.0 2019 | yearly | 2006 - 2019 |
| Peru (%) | -11.1 2024 | yearly | 2006 - 2024 |
| Philippines (%) | 0.0 Oct 2025 | monthly | Jan 1997 - Oct 2025 |
| Poland (%) | 12.5 2024 | yearly | 2006 - 2024 |
| Portugal (%) | 6.6 Oct 2025 | monthly | Jan 2001 - Oct 2025 |
| Qatar (%) | 0.1 2019 | yearly | 2006 - 2019 |
| Romania (%) | 6.1 2024 | yearly | 2006 - 2024 |
| Russia (%) | -17.2 Sep 2025 | monthly | Jan 2009 - Sep 2025 |
| Saudi Arabia (%) | 6.1 2024 | yearly | 2006 - 2024 |
| Serbia (%) | 4.5 2019 | yearly | 2006 - 2019 |
| Singapore (%) | 44.7 Nov 2024 | monthly | Jan 2011 - Nov 2024 |
| Slovakia (%) | 4.2 2024 | yearly | 2006 - 2024 |
| Slovenia (%) | -14.9 2022 | yearly | 2006 - 2022 |
| South Africa (%) | 16.0 Oct 2025 | monthly | Jan 2004 - Oct 2025 |
| Spain (%) | 8.1 2024 | yearly | 2006 - 2024 |
| Sri Lanka (%) | -27.0 2019 | yearly | 2006 - 2019 |
| Sudan (%) | -13.8 2019 | yearly | 2006 - 2019 |
| Sweden (%) | -8.0 2024 | yearly | 2006 - 2024 |
| Switzerland (%) | -4.2 2024 | yearly | 2006 - 2024 |
| Syria (%) | 62.8 2019 | yearly | 2006 - 2019 |
| Taiwan (%) | -16.7 Oct 2025 | monthly | Jan 1998 - Oct 2025 |
| Tajikistan (%) | 0.8 2019 | yearly | 2006 - 2019 |
| Thailand (%) | 25.0 Oct 2025 | monthly | Dec 1992 - Oct 2025 |
| Tunisia (%) | -5.3 2019 | yearly | 2006 - 2019 |
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) | -3,440.015 2024 | yearly | 1988 - 2024 |
| 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) | 6,711.4 Oct 2025 | monthly | Dec 1993 - Oct 2025 |
| Government Debt: % of GDP (%) | 1.1 Jun 2025 | quarterly | Dec 2010 - Jun 2025 |
| Forecast: Government Expenditure (KWD bn) | 29.719 2030 | yearly | 1985 - 2030 |
| Forecast: Government Net Debt (KWD bn) | 14.274 2030 | yearly | 1991 - 2030 |
| Forecast: Government Revenue (KWD bn) | 44.112 2030 | yearly | 1985 - 2030 |
| 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 Expenditure: ytd: Purchases of Non Financial Assets (KWD mn) | 336.796 Sep 2024 | monthly | Apr 2018 - Sep 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 Expenditure: ytd: Current (KWD mn) | 9,630.195 Sep 2024 | monthly | Apr 2018 - Sep 2024 |
| Government Expenditure: ytd (KWD mn) | 9,966.991 Sep 2024 | monthly | Apr 2018 - Sep 2024 |
| Government Expenditure (KWD mn) | 18,245.900 2016 | yearly | 1989 - 2016 |
| Government Revenue (KWD mn) | 13,633.900 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 Revenue: Tax (KWD mn) | 486.000 2016 | yearly | 1987 - 2016 |
| Government Surplus/Deficit (KWD mn) | -1,561.505 2024 | yearly | 1989 - 2024 |
| Public Debt (KWD mn) | 50.000 Jan 2025 | monthly | Dec 1993 - Jan 2025 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.994 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 2,272.5 Jun 2025 | monthly | Jan 1993 - Jun 2025 |
| Total Exports (USD mn) | 5,364.9 Jun 2025 | monthly | Jan 1993 - Jun 2025 |
| Total Exports Growth (%) | -16.7 Jun 2025 | monthly | Jan 1994 - Jun 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) | 3,092.5 Jun 2025 | monthly | Jan 1992 - Jun 2025 |
| Total Imports Growth (%) | 6.6 Jun 2025 | monthly | Jan 1993 - Jun 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) | 2.735 Jul 2025 | monthly | Sep 1991 - Jul 2025 |
| Total Imports from USA (USD mn) | 295.319 Jun 2025 | monthly | Jan 2017 - Jun 2025 |
| Total Exports to China (USD mn) | 52.486 Jun 2025 | monthly | Jan 2017 - Jun 2025 |
| Total Imports from China (USD mn) | 638.906 Jun 2025 | monthly | Jan 2017 - Jun 2025 |
| Trade Balance: Quarterly (KWD mn) | 2,789.603 Dec 2018 | quarterly | Mar 1973 - Dec 2018 |
| Exports: FOB: Growth Rate: YoY (%) | -18.295 Nov 2024 | monthly | Apr 2020 - Nov 2024 |
| Exports: SITC: Food and Live Animals (KWD mn) | 39.900 Sep 2018 | quarterly | Sep 2014 - Sep 2018 |
| Exports: SITC: Other Manufactured Articles (KWD mn) | 36.800 Sep 2018 | quarterly | Sep 2014 - Sep 2018 |
| Export Value Index (2015=100) | 116.639 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 102.988 2021 | yearly | 1980 - 2021 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 2,137.8 Jun 2025 | quarterly | Mar 2012 - Jun 2025 |
| Current Account Balance (USD mn) | 8,094.0 Jun 2025 | quarterly | Mar 2012 - Jun 2025 |
| Current Account Balance: % of GDP (%) | 21.5 Jun 2025 | quarterly | Mar 2012 - Jun 2025 |
| Foreign Direct Investment (USD mn) | 172.9 Jun 2025 | quarterly | Mar 2012 - Jun 2025 |
| Foreign Direct Investment: % of GDP (%) | 0.5 Jun 2025 | quarterly | Mar 2012 - Jun 2025 |
| Foreign Portfolio Investment (USD mn) | 1,084.720 Jun 2025 | quarterly | Mar 2012 - Jun 2025 |
| Foreign Portfolio Investment: % of GDP (%) | 2.9 Jun 2025 | quarterly | Mar 2012 - Jun 2025 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 8.8 Jun 2025 | quarterly | Mar 2012 - Jun 2025 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 1,075.914 Jun 2025 | quarterly | Mar 2012 - Jun 2025 |
| External Debt (USD mn) | 72,069.1 Jun 2025 | quarterly | Mar 2018 - Jun 2025 |
| External Debt: % of GDP (%) | 41.5 2024 | yearly | 2014 - 2024 |
| Forecast: Current Account Balance (USD bn) | 26.022 2030 | yearly | 1980 - 2030 |
| Net International Investment Position (USD mn) | 116,734.177 2024 | yearly | 2001 - 2024 |
| BoP: FA: Portfolio Investment: Liabilities (KWD mn) | 10.000 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: CA: Primary Income: Debit (KWD mn) | 0.000 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: FA: Financial Derivatives: Liabilities (KWD mn) | 40.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| 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: Net Errors and Omissions (KWD mn) | 493.000 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 (%) | 0.9 Jun 2025 | quarterly | Dec 2010 - Jun 2025 |
| Money Supply M1 (USD mn) | 34,579.146 Oct 2025 | monthly | Jan 1994 - Oct 2025 |
| Money Supply M2 (USD mn) | 137,467.671 Oct 2025 | monthly | Jan 1994 - Oct 2025 |
| M2 Growth (%) | 3.5 Oct 2025 | monthly | Jan 1995 - Oct 2025 |
| Foreign Exchange Reserves (USD mn) | 37,261.2 Sep 2025 | monthly | Jan 1964 - Sep 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 26.539 Jun 2025 | quarterly | Dec 2010 - Jun 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 11.8 Jun 2025 | quarterly | Mar 1973 - Jun 2025 |
| Gold Reserves (USD mn) | 103.781 Oct 2025 | monthly | Dec 1961 - Oct 2025 |
| Total Deposits (USD mn) | 189,078.409 Oct 2025 | monthly | Jan 1994 - Oct 2025 |
| Total Deposits Growth (%) | 8.2 Oct 2025 | monthly | Jan 1995 - Oct 2025 |
| Domestic Credit (USD mn) | 154,670.8 Oct 2025 | monthly | Jan 1994 - Oct 2025 |
| Domestic Credit Growth (%) | 16.7 Oct 2025 | monthly | Jan 1995 - Oct 2025 |
| Household Debt (USD mn) | 1,660.2 Oct 2025 | monthly | Jan 2002 - Oct 2025 |
| Total Loans (USD mn) | 173,948.600 Oct 2025 | monthly | Jan 1994 - Oct 2025 |
| Total Loans Growth (%) | 8.30 Oct 2025 | monthly | Jan 1995 - Oct 2025 |
| Private Debt: % of Nominal GDP (%) | 103.67 Jun 2025 | quarterly | Dec 2010 - Jun 2025 |
| Money Supply: M3 (KWD mn) | 40,707.200 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
| Money Supply: M3: M2: M1: Currency in Circulation (KWD mn) | 1,633.400 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
| Monetary Survey: CBK and Local Banks: Money Supply M2: M1 (KWD mn) | 10,421.800 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
| Monetary Survey: CBK and Local Banks: Money Supply M2 (KWD mn) | 40,707.200 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
| Local Banks Time Deposits (KWD mn) | 66,591.400 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
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