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 (%) | -24.5 Aug 2026 | monthly | Jan 1997 - Aug 2026 |
| Armenia (%) | -32.8 2019 | yearly | 2006 - 2019 |
| 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 (%) | 22.1 Aug 2026 | monthly | Jan 2003 - Aug 2026 |
| 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 (%) | -2.0 Jul 2026 | monthly | Jan 1947 - Jul 2026 |
| Chile (%) | -4.3 Sep 2026 | monthly | Jan 2015 - Sep 2026 |
| China (%) | -5.1 Aug 2026 | monthly | Jan 2001 - Aug 2026 |
| Colombia (%) | 20.7 Jul 2026 | monthly | Jan 2004 - Jul 2026 |
| 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 (%) | 32.4 Aug 2026 | monthly | Jan 1990 - Aug 2026 |
| Iran (%) | -31.7 2019 | yearly | 2006 - 2019 |
| Ireland (%) | 0.8 2024 | yearly | 2006 - 2024 |
| Israel (%) | -0.3 2024 | yearly | 2006 - 2024 |
| Italy (%) | -2.6 2025 | yearly | 2006 - 2025 |
| Ivory Coast (%) | 15.8 2019 | yearly | 2006 - 2019 |
| Japan (%) | 2.0 Aug 2026 | monthly | Jan 1992 - Aug 2026 |
| Jordan (%) | 3.6 2019 | yearly | 2006 - 2019 |
| Kazakhstan (%) | 0.7 2024 | yearly | 2006 - 2024 |
| Kenya (%) | -23.9 2019 | yearly | 2006 - 2019 |
| South Korea (%) | -20.8 Aug 2026 | monthly | Jan 1995 - Aug 2026 |
| 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 (%) | -4.1 Aug 2026 | monthly | Jul 1995 - Aug 2026 |
| Malta (%) | -6.1 2019 | yearly | 2006 - 2019 |
| Mauritius (%) | 3.0 2019 | yearly | 2006 - 2019 |
| Mexico (%) | 2.0 Aug 2026 | monthly | Jan 1996 - Aug 2026 |
| 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 (%) | 6.9 2025 | yearly | 1976 - 2025 |
| Nigeria (%) | -42.4 2019 | yearly | 2006 - 2019 |
| Norway (%) | 0.1 2024 | yearly | 2006 - 2024 |
| Oman (%) | -0.2 2019 | yearly | 2006 - 2019 |
| Pakistan (%) | 18.5 Aug 2026 | monthly | Jul 2006 - Aug 2026 |
| Palestinian Territory (%) | -25.3 2019 | yearly | 2006 - 2019 |
| Panama (%) | -0.4 Jun 2026 | monthly | Jan 2006 - Jun 2026 |
| Paraguay (%) | -15.0 2019 | yearly | 2006 - 2019 |
| Peru (%) | -11.1 2024 | yearly | 2006 - 2024 |
| Philippines (%) | -18.1 Aug 2026 | monthly | Jan 1997 - Aug 2026 |
| Poland (%) | 12.5 2024 | yearly | 2006 - 2024 |
| Portugal (%) | 8.6 Jul 2026 | monthly | Jan 2001 - Jul 2026 |
| Qatar (%) | 0.1 2019 | yearly | 2006 - 2019 |
| Romania (%) | 6.1 2024 | yearly | 2006 - 2024 |
| Russia (%) | -8.9 Aug 2026 | monthly | Jan 2009 - Aug 2026 |
| 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 (%) | 12.7 Sep 2026 | monthly | Jan 2004 - Sep 2026 |
| 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 (%) | -15.1 Aug 2026 | monthly | Jan 1998 - Aug 2026 |
| Tajikistan (%) | 0.8 2019 | yearly | 2006 - 2019 |
| Thailand (%) | 25.6 Aug 2026 | monthly | Dec 1992 - Aug 2026 |
| Tunisia (%) | -5.3 2019 | yearly | 2006 - 2019 |
| Turkey (%) | -19.8 Aug 2026 | monthly | Jan 2000 - Aug 2026 |
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Learn more about what we doKuwait Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -15.0 2025 | yearly | 1988 - 2025 |
| 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) | 12,024.7 Jul 2026 | monthly | Dec 1993 - Jul 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) | -1,055.933 2025 | yearly | 1989 - 2025 |
| Public Debt (KWD mn) | 3,700.000 Jul 2026 | monthly | Dec 1993 - Jul 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 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 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.994 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 1,992.7 Mar 2026 | monthly | Jan 1993 - Mar 2026 |
| Total Exports (USD mn) | 3,854.6 Mar 2026 | monthly | Jan 1993 - Mar 2026 |
| Total Exports Growth (%) | -37.8 Mar 2026 | monthly | Jan 1994 - Mar 2026 |
| Aluminum: Exports (USD th) | 50,049.855 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 65,360.916 2025 | yearly | 1995 - 2025 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 1,230.551 2025 | yearly | 1995 - 2025 |
| Total Imports (USD mn) | 1,861.9 Mar 2026 | monthly | Jan 1992 - Mar 2026 |
| Total Imports Growth (%) | -45.0 Mar 2026 | monthly | Jan 1993 - Mar 2026 |
| Imports: Medicament (USD th) | 1,414,894.651 2025 | yearly | 1995 - 2025 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 569,695.057 2025 | yearly | 1995 - 2025 |
| Total Exports to USA (USD mn) | 0.800 Jun 2026 | monthly | Sep 1991 - Jun 2026 |
| Total Imports from USA (USD mn) | 98.345 Mar 2026 | monthly | Jan 2017 - Mar 2026 |
| Total Exports to China (USD mn) | 9.297 Mar 2026 | monthly | Jan 2017 - Mar 2026 |
| Total Imports from China (USD mn) | 343.644 Mar 2026 | monthly | Jan 2017 - Mar 2026 |
| Exports: FOB: Growth Rate: YoY (%) | -37.844 Mar 2026 | monthly | Apr 2020 - Mar 2026 |
| 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) | 141.200 2024 | yearly | 2005 - 2024 |
| Import Value Index (2015=100) | 119.900 2024 | yearly | 2005 - 2024 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | -2,936.2 Dec 2025 | quarterly | Mar 2012 - Dec 2025 |
| Current Account Balance (USD mn) | 7,200.8 Dec 2025 | quarterly | Mar 2012 - Dec 2025 |
| Current Account Balance: % of GDP (%) | 18.5 Dec 2025 | quarterly | Mar 2012 - Dec 2025 |
| Foreign Direct Investment (USD mn) | 39.6 Dec 2025 | quarterly | Mar 2012 - Dec 2025 |
| Foreign Direct Investment: % of GDP (%) | 0.1 Dec 2025 | quarterly | Mar 2012 - Dec 2025 |
| Foreign Portfolio Investment (USD mn) | 14,960.907 Dec 2025 | quarterly | Mar 2012 - Dec 2025 |
| Foreign Portfolio Investment: % of GDP (%) | 38.5 Dec 2025 | quarterly | Mar 2012 - Dec 2025 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 2,973.5 Dec 2025 | quarterly | Mar 2012 - Dec 2025 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 11,987.443 Dec 2025 | quarterly | Mar 2012 - Dec 2025 |
| External Debt (USD mn) | 94,837.9 Dec 2025 | quarterly | Mar 2018 - Dec 2025 |
| External Debt: % of GDP (%) | 60.1 2025 | yearly | 2014 - 2025 |
| Forecast: Current Account Balance (USD bn) | 28.640 2031 | yearly | 1980 - 2031 |
| Net International Investment Position (USD mn) | 100,998.363 2025 | yearly | 2001 - 2025 |
| BoP: FA: OT: Assets (KWD mn) | -2,795.000 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: Reserve Assets: Central Bank of Kuwait (CBK) (KWD mn) | 448.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: CA: Debit (KWD mn) | 0.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Portfolio Investment: Liabilities (KWD mn) | 10.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: Capital Account: Debit (KWD mn) | 5.000 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 |
| BoP: CA: Secondary Income: Credit (KWD mn) | 0.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: CA: Primary Income: Debit (KWD mn) | 0.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Portfolio Investment: Assets (KWD mn) | -1,260.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: OT: Liabilities (KWD mn) | 1,389.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.6 Mar 2026 | quarterly | Mar 2011 - Mar 2026 |
| Household Debt: % of GDP (%) | 0.7 Mar 2026 | quarterly | Dec 2010 - Mar 2026 |
| Money Supply M1 (USD mn) | 35,772.329 Jun 2026 | monthly | Jan 1994 - Jun 2026 |
| Money Supply M2 (USD mn) | 138,818.123 Jun 2026 | monthly | Jan 1994 - Jun 2026 |
| M2 Growth (%) | 1.9 Jul 2026 | monthly | Jan 1995 - Jul 2026 |
| Foreign Exchange Reserves (USD mn) | 29,233.0 Jul 2026 | monthly | Jan 1964 - Jul 2026 |
| Foreign Exchange Reserves: % of GDP (%) | 22.581 Dec 2025 | quarterly | Dec 2010 - Dec 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 11.6 Mar 2026 | quarterly | Mar 1973 - Mar 2026 |
| Gold Reserves (USD mn) | 102.956 Jun 2026 | monthly | Dec 1961 - Jun 2026 |
| Total Deposits (USD mn) | 204,698.030 Aug 2026 | monthly | Jan 1994 - Aug 2026 |
| Total Deposits Growth (%) | 8.8 Aug 2026 | monthly | Jan 1995 - Aug 2026 |
| Domestic Credit (USD mn) | 161,900.7 Aug 2026 | monthly | Jan 1994 - Aug 2026 |
| Domestic Credit Growth (%) | 10.2 Aug 2026 | monthly | Jan 1995 - Aug 2026 |
| Household Debt (USD mn) | 2,480.0 Jul 2026 | monthly | Jan 2002 - Jul 2026 |
| Total Loans (USD mn) | 177,610.335 Jul 2026 | monthly | Jan 1994 - Jul 2026 |
| Total Loans Growth (%) | 4.76 Jul 2026 | monthly | Jan 1995 - Jul 2026 |
| Private Debt: % of Nominal GDP (%) | 109.74 Mar 2026 | quarterly | Dec 2010 - Mar 2026 |
| Monetary Survey: CBK and Local Banks: Money Supply M2 (KWD mn) | 42,842.500 Jul 2026 | monthly | Jan 1994 - Jul 2026 |
| Money Supply: M3: M2: M1: Currency in Circulation (KWD mn) | 1,660.000 Aug 2026 | monthly | Jan 1994 - Aug 2026 |
| Money Supply: M3 (KWD mn) | 42,842.500 Jul 2026 | monthly | Jan 1994 - Jul 2026 |
| Monetary Survey: CBK and Local Banks: Money Supply M2: M1 (KWD mn) | 10,653.100 Aug 2026 | monthly | Jan 1994 - Aug 2026 |
| Local Banks Time Deposits (KWD mn) | 76,987.400 Jul 2026 | monthly | Jan 1994 - Jul 2026 |
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