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:

Kuwait Motor Vehicles Sales Growth

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 (%) 3.8 Dec 2025 monthly Jan 1997 - Dec 2025
Armenia (%) -32.8 2019 yearly 2006 - 2019
Australia (%) 3.0 Dec 2025 monthly Jan 1995 - Dec 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 (%) 8.6 Dec 2025 monthly Jan 2003 - Dec 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 (%) -6.6 Nov 2025 monthly Jan 1947 - Nov 2025
Chile (%) 4.3 Nov 2025 monthly Jan 2015 - Nov 2025
China (%) -6.2 Dec 2025 monthly Jan 2001 - Dec 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 (%) 17.9 Dec 2025 monthly Jan 1990 - Dec 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 (%) 1.7 Dec 2025 monthly Jan 1992 - Dec 2025
Jordan (%) 3.6 2019 yearly 2006 - 2019
Kazakhstan (%) 0.7 2024 yearly 2006 - 2024
Kenya (%) -23.9 2019 yearly 2006 - 2019
South Korea (%) 1.4 Dec 2025 monthly Jan 1995 - Dec 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 (%) 10.3 Dec 2025 monthly Jul 1995 - Dec 2025
Malta (%) -6.1 2019 yearly 2006 - 2019
Mauritius (%) 3.0 2019 yearly 2006 - 2019
Mexico (%) 3.4 Dec 2025 monthly Jan 1996 - Dec 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 (%) 10.8 Nov 2025 monthly Jan 2006 - Nov 2025
Paraguay (%) -15.0 2019 yearly 2006 - 2019
Peru (%) -11.1 2024 yearly 2006 - 2024
Philippines (%) -8.7 Nov 2025 monthly Jan 1997 - Nov 2025
Poland (%) 12.5 2024 yearly 2006 - 2024
Portugal (%) 4.5 Nov 2025 monthly Jan 2001 - Nov 2025
Qatar (%) 0.1 2019 yearly 2006 - 2019
Romania (%) 6.1 2024 yearly 2006 - 2024
Russia (%) -0.3 Nov 2025 monthly Jan 2009 - Nov 2025
Saudi Arabia (%) 6.1 2024 yearly 2006 - 2024
Serbia (%) 4.5 2019 yearly 2006 - 2019
Singapore (%) 14.9 Dec 2024 monthly Jan 2011 - Dec 2024
Slovakia (%) 4.2 2024 yearly 2006 - 2024
Slovenia (%) -14.9 2022 yearly 2006 - 2022
South Africa (%) 19.2 Dec 2025 monthly Jan 2004 - Dec 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, China (%) 5.7 Dec 2025 monthly Jan 1998 - Dec 2025
Tajikistan (%) 0.8 2019 yearly 2006 - 2019
Thailand (%) 20.9 Nov 2025 monthly Dec 1992 - Nov 2025
Tunisia (%) -5.3 2019 yearly 2006 - 2019

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Kuwait 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) 6,701.5 Nov 2025 monthly Dec 1993 - Nov 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
Public Debt (KWD mn) 2,050.000 Nov 2025 monthly Dec 1993 - Nov 2025
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 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 Surplus/Deficit (KWD mn) -1,561.505 2024 yearly 1989 - 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.994 2028 yearly 1980 - 2028
Trade Balance (USD mn) 2,691.8 Aug 2025 monthly Jan 1993 - Aug 2025
Total Exports (USD mn) 5,966.7 Aug 2025 monthly Jan 1993 - Aug 2025
Total Exports Growth (%) -1.9 Aug 2025 monthly Jan 1994 - Aug 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) 3,274.9 Aug 2025 monthly Jan 1992 - Aug 2025
Total Imports Growth (%) 5.2 Aug 2025 monthly Jan 1993 - Aug 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) 2.831 Sep 2025 monthly Sep 1991 - Sep 2025
Total Imports from USA (USD mn) 247.061 Aug 2025 monthly Jan 2017 - Aug 2025
Total Exports to China (USD mn) 63.239 Aug 2025 monthly Jan 2017 - Aug 2025
Total Imports from China (USD mn) 640.016 Aug 2025 monthly Jan 2017 - Aug 2025
Exports: FOB: Growth Rate: YoY (%) -1.947 Aug 2025 monthly Apr 2020 - Aug 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) 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) 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 (%) 21.5 Jun 2025 quarterly Mar 2012 - Jun 2025
Foreign Direct Investment (USD mn) 175.0 Sep 2025 quarterly Mar 2012 - Sep 2025
Foreign Direct Investment: % of GDP (%) 0.5 Jun 2025 quarterly Mar 2012 - Jun 2025
Foreign Portfolio Investment (USD mn) 182.526 Sep 2025 quarterly Mar 2012 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) 2.9 Jun 2025 quarterly Mar 2012 - Jun 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 (%) 41.5 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: 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: FA: OT: Liabilities (KWD mn) 1,389.000 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: Portfolio Investment: Assets (KWD mn) -1,260.000 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: Liabilities (KWD mn) 10.000 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: OT: Assets (KWD mn) -2,795.000 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 (%) 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 (%) 3.3 Nov 2025 monthly Jan 1995 - Nov 2025
Foreign Exchange Reserves (USD mn) 35,573.1 Nov 2025 monthly Jan 1964 - Nov 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) 103.629 Nov 2025 monthly Dec 1961 - Nov 2025
Total Deposits (USD mn) 193,069.631 Nov 2025 monthly Jan 1994 - Nov 2025
Total Deposits Growth (%) 10.0 Nov 2025 monthly Jan 1995 - Nov 2025
Domestic Credit (USD mn) 155,599.5 Nov 2025 monthly Jan 1994 - Nov 2025
Domestic Credit Growth (%) 16.7 Oct 2025 monthly Jan 1995 - Oct 2025
Household Debt (USD mn) 1,442.6 Nov 2025 monthly Jan 2002 - Nov 2025
Total Loans (USD mn) 174,134.685 Nov 2025 monthly Jan 1994 - Nov 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
Monetary Survey: CBK and Local Banks: Money Supply M2 (KWD mn) 42,039.000 Nov 2025 monthly Jan 1994 - Nov 2025
Monetary Survey: CBK and Local Banks: Money Supply M2: M1 (KWD mn) 10,649.300 Nov 2025 monthly Jan 1994 - Nov 2025
Money Supply: M3 (KWD mn) 42,039.000 Nov 2025 monthly Jan 1994 - Nov 2025
Money Supply: M3: M2: M1: Currency in Circulation (KWD mn) 1,616.800 Nov 2025 monthly Jan 1994 - Nov 2025
Local Banks Time Deposits (KWD mn) 75,243.400 Nov 2025 monthly Jan 1994 - Nov 2025

More Indicators for Kuwait

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