Kuwait National Government Debt

1993 - 2023 | Monthly | USD mn | CEIC Data

Key information about Kuwait National Government Debt

  • Kuwait National Government Debt reached 684.6 USD mn in Dec 2023, compared with 682.5 USD mn in the previous month.
  • Kuwait National Government Debt data is updated monthly, available from Dec 1993 to Dec 2023.
  • The data reached an all-time high of 16.4 USD bn in Sep 2017 and a record low of 679.6 USD mn in Sep 2023.

CEIC converts monthly Government Debt into USD. The Central Bank of Kuwait provides Government Debt in local currency. The Central Bank of Kuwait period end market exchange rate is used for currency conversions.


Related information about Kuwait National Government Debt
  • In the latest reports, Kuwait Consolidated Fiscal Balance registered a surplus equal to 11.5 % of its Nominal GDP in Dec 2022.
  • The country's Government debt accounted for 0.5 % of its Nominal GDP in Jun 2023.
  • Kuwait Nominal GDP reached 28.0 USD bn in Dec 2020.

View Kuwait's National Government Debt from Dec 1993 to Dec 2023 in the chart:

Kuwait National Government Debt

What was Kuwait's National Government Debt in Dec 2023?

Kuwait National Government Debt reached 684.6 USD mn in Dec 2023, compared with 682.5 USD mn in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
684.6 Dec 2023 682.5 Nov 2023 679.6 Sep 2023 16,439.8 Sep 2017 USD mn monthly Dec 1993 - Dec 2023

National Government Debt by Country Comparison

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country/region Last Frequency Range
Albania (USD mn) 13,499.8 Sep 2023 quarterly Sep 2010 - Sep 2023
Algeria (USD mn) 111,205.0 2022 yearly 1997 - 2022
Argentina (USD mn) 406,948.1 Sep 2023 quarterly Dec 1994 - Sep 2023
Armenia (USD mn) 11,845.3 Dec 2023 quarterly Mar 2002 - Dec 2023
Australia (USD mn) 673,484.7 2022 yearly 1999 - 2022
Austria (USD mn) 390,951.8 Sep 2023 quarterly Mar 2000 - Sep 2023
Azerbaijan (USD mn) 9,223.0 2021 yearly 2008 - 2021
Bahrain (USD mn) 40,419.0 Dec 2023 monthly Mar 2001 - Dec 2023
Belarus (USD mn) 23,375.7 May 2022 monthly Dec 2003 - May 2022
Belgium (USD mn) 660,312.5 Sep 2023 quarterly Mar 1980 - Sep 2023
Bolivia (USD mn) 8,960.7 2014 yearly 1998 - 2014
Bosnia and Herzegovina (USD mn) 3,317.5 2022 yearly 2007 - 2022
Botswana (USD mn) 3,497.5 2023 yearly 2002 - 2023
Brazil (USD mn) 1,665,107.9 Dec 2023 monthly Dec 2000 - Dec 2023
Bulgaria (USD mn) 22,896.4 Jan 2024 monthly Dec 2015 - Jan 2024
Canada (USD mn) 1,423,314.6 2023 yearly 1962 - 2023
Chile (USD mn) 119,271.4 Sep 2023 quarterly Mar 2002 - Sep 2023
China (USD mn) 3,750,692.5 2022 yearly 2005 - 2022
Colombia (USD mn) 226,036.5 Sep 2023 quarterly Dec 2001 - Sep 2023
Croatia (USD mn) 49,150.2 Dec 2022 monthly Dec 1995 - Dec 2022
Cyprus (USD mn) 24,975.0 Jan 2024 monthly Dec 2010 - Jan 2024
Czech Republic (USD mn) 139,943.2 Sep 2023 quarterly Mar 2000 - Sep 2023
Denmark (USD mn) 119,440.3 Sep 2023 quarterly Mar 2000 - Sep 2023
Ecuador (USD mn) 79,317.0 Dec 2023 quarterly Dec 2005 - Dec 2023
Egypt (USD mn) 369,695.1 Jun 2022 quarterly Jun 2006 - Jun 2022
Estonia (USD mn) 7,185.4 Sep 2023 quarterly Mar 2000 - Sep 2023
European Union (USD mn) 14,589,252.7 Sep 2023 quarterly Mar 2000 - Sep 2023
Finland (USD mn) 217,733.0 Sep 2023 quarterly Mar 2000 - Sep 2023
France (USD mn) 3,268,602.8 Sep 2023 quarterly Dec 1995 - Sep 2023
Georgia (USD mn) 11,675.6 Dec 2023 quarterly Mar 2006 - Dec 2023
Germany (USD mn) 2,784,645.1 Sep 2023 quarterly Mar 2000 - Sep 2023
Greece (USD mn) 390,985.1 Jun 2023 quarterly Dec 1999 - Jun 2023
Hong Kong SAR, China (USD mn) 181,662.1 2023 yearly 2003 - 2023
Hungary (USD mn) 139,689.6 Sep 2023 quarterly Dec 1989 - Sep 2023
Iceland (USD mn) 18,223.8 2022 yearly 1998 - 2022
India (USD mn) 1,972,893.9 Jun 2023 quarterly Dec 1998 - Jun 2023
Indonesia (USD mn) 522,479.7 Jan 2024 monthly Jun 2009 - Jan 2024
Ireland (USD mn) 235,561.7 Sep 2023 quarterly Mar 2000 - Sep 2023
Israel (USD mn) 294,651.3 2022 yearly 1995 - 2022
Italy (USD mn) 3,114,282.8 Nov 2023 monthly Jan 1957 - Nov 2023
Ivory Coast (USD mn) 3,853.2 2015 yearly 1975 - 2015
Japan (USD mn) 9,396,604.9 Apr 2023 monthly Apr 1982 - Apr 2023
Jordan (USD mn) 45,981.8 Nov 2023 monthly Jan 2002 - Nov 2023
Kazakhstan (USD mn) 57,122.7 Dec 2023 quarterly Mar 2005 - Dec 2023
Kenya (USD mn) 71,454.4 Sep 2023 monthly Sep 1999 - Sep 2023
South Korea (USD mn) 815,782.8 Sep 2023 quarterly Sep 2002 - Sep 2023
Kosovo (USD mn) 1,875.6 2022 yearly 2009 - 2022
Kuwait (USD mn) 684.6 Dec 2023 monthly Dec 1993 - Dec 2023
Kyrgyzstan (USD mn) 6,116.0 Nov 2023 monthly Jan 2011 - Nov 2023
Latvia (USD mn) 17,359.2 Jun 2023 quarterly Mar 2000 - Jun 2023
Lebanon (USD mn) 100,370.8 Dec 2021 monthly Dec 2001 - Dec 2021
Lithuania (USD mn) 28,107.9 Sep 2023 quarterly Mar 2000 - Sep 2023
Luxembourg (USD mn) 21,543.4 Sep 2023 quarterly Dec 1995 - Sep 2023
North Macedonia (USD mn) 8,026.8 Dec 2023 quarterly Dec 2009 - Dec 2023
Malawi (USD mn) 2,620.0 2014 yearly 2010 - 2014
Malaysia (USD mn) 255,431.9 Dec 2023 quarterly Mar 1978 - Dec 2023
Malta (USD mn) 9,959.4 Sep 2023 quarterly Mar 2000 - Sep 2023
Mauritius (USD mn) 9,371.1 Jun 2023 quarterly Jun 2003 - Jun 2023
Mexico (USD mn) 909,394.8 Jan 2024 monthly Dec 2005 - Jan 2024
Moldova (USD mn) 5,851.7 Jan 2024 monthly Jan 2007 - Jan 2024
Montenegro (USD mn) 4,219.6 Sep 2023 monthly Dec 2010 - Sep 2023
Morocco (USD mn) 91,099.0 Dec 2022 quarterly Dec 2006 - Dec 2022
Nepal (USD mn) 9,555.9 2019 yearly 1990 - 2019
Netherlands (USD mn) 494,176.5 Sep 2023 quarterly Dec 1999 - Sep 2023
New Zealand (USD mn) 99,408.0 Dec 2023 quarterly Dec 2006 - Dec 2023
Nigeria (USD mn) 106,889.4 Sep 2023 quarterly Dec 2006 - Sep 2023
Norway (USD mn) 211,756.9 2022 yearly 1995 - 2022
Oman (USD mn) 46,137.8 2022 yearly 1990 - 2022
Panama (USD mn) 46,894.6 Jan 2024 monthly Jul 2004 - Jan 2024
Paraguay (USD mn) 13,433.8 2022 yearly 2003 - 2022
Peru (USD mn) 88,740.2 Dec 2023 quarterly Mar 1999 - Dec 2023
Philippines (USD mn) 262,539.9 Jan 2024 monthly Jan 1993 - Jan 2024
Poland (USD mn) 371,468.7 Sep 2023 quarterly Mar 2000 - Sep 2023
Portugal (USD mn) 305,734.3 Jun 2023 quarterly Mar 2000 - Jun 2023
Qatar (USD mn) 26,518.7 2012 yearly 2003 - 2012
Romania (USD mn) 169,908.7 Nov 2023 monthly Nov 2011 - Nov 2023
Russia (USD mn) 287,795.5 Jan 2024 monthly May 2009 - Jan 2024
Saudi Arabia (USD mn) 273,066.7 2023 yearly 2004 - 2023
Serbia (USD mn) 39,992.1 Dec 2023 monthly Sep 2004 - Dec 2023
Singapore (USD mn) 871,871.2 Dec 2023 quarterly Mar 1990 - Dec 2023
Slovakia (USD mn) 75,313.8 Jun 2023 quarterly Mar 2000 - Jun 2023
Slovenia (USD mn) 44,123.3 Dec 2022 quarterly Dec 1999 - Dec 2022
South Africa (USD mn) 282,167.8 Dec 2023 monthly Jan 1960 - Dec 2023
Spain (USD mn) 1,669,377.8 Sep 2023 quarterly Dec 1990 - Sep 2023
Sri Lanka (USD mn) 86,964.6 Sep 2023 quarterly Mar 2014 - Sep 2023
Sweden (USD mn) 170,597.9 Sep 2023 quarterly Mar 1999 - Sep 2023
Switzerland (USD mn) 267,524.5 2022 yearly 1990 - 2022
Taiwan (USD mn) 218,997.1 2022 yearly 1996 - 2022
Thailand (USD mn) 278,138.3 Jan 2024 monthly Oct 1997 - Jan 2024
Tunisia (USD mn) 38,427.0 Aug 2023 monthly Apr 2011 - Aug 2023
Turkey (USD mn) 254,513.1 2022 yearly 2001 - 2022
Ukraine (USD mn) 136,093.1 Jan 2024 monthly Dec 2004 - Jan 2024
United Kingdom (USD mn) 3,241,935.2 Sep 2023 quarterly Mar 1966 - Sep 2023
United States (USD mn) 34,471,083.0 Feb 2024 monthly Jan 1969 - Feb 2024
Uruguay (USD mn) 40,486.3 Sep 2023 quarterly Mar 1999 - Sep 2023
Venezuela (USD mn) 105,131.7 2016 yearly 1996 - 2016
Vietnam (USD mn) 137,176.1 2022 yearly 2010 - 2022
Yemen (USD mn) 20,434.2 2013 yearly 2004 - 2013

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Kuwait Key Series

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Includes 176 key indicators for Kuwait, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 11.5 2022 yearly 1988 - 2022
Consolidated Fiscal Balance (USD mn) 20,745.883 2022 yearly 1988 - 2022
Tax Revenue (USD mn) 128.142 Dec 2015 monthly Sep 2003 - Dec 2015
Tax Revenue: % of GDP (%) 1.0 2022 yearly 1988 - 2022
National Government Debt (USD mn) 684.6 Dec 2023 monthly Dec 1993 - Dec 2023
Government Debt: % of GDP (%) 0.4 Sep 2023 quarterly Dec 2010 - Sep 2023
Forecast: Government Expenditure (KWD bn) 28.396 2028 yearly 1985 - 2028
Forecast: Government Net Debt (KWD bn) 9.523 2028 yearly 1991 - 2028
Forecast: Government Revenue (KWD bn) 29.444 2028 yearly 1985 - 2028
Government Fiscal Balance: ytd (KWD mn) -1,727.605 Dec 2023 monthly Apr 2018 - Dec 2023
Government Revenue: ytd: Non Oil: Tax and Fees (KWD mn) 333.812 Dec 2023 monthly Apr 2018 - Dec 2023
Government Expenditure: ytd: Purchases of Non Financial Assets (KWD mn) 715.857 Dec 2023 monthly Apr 2018 - Dec 2023
Government Revenue: ytd: Non Oil (KWD mn) 1,170.418 Dec 2023 monthly Apr 2018 - Dec 2023
Government Revenue: ytd (KWD mn) 15,445.426 Dec 2023 monthly Apr 2018 - Dec 2023
Government Expenditure: ytd: Current (KWD mn) 16,457.174 Dec 2023 monthly Apr 2018 - Dec 2023
Government Expenditure: ytd (KWD mn) 17,173.031 Dec 2023 monthly Apr 2018 - Dec 2023
Government Revenue: Tax (KWD mn) 486.000 2016 yearly 1987 - 2016
Government Expenditure: Capital (KWD mn) 226.000 2016 yearly 1989 - 2016
Government Expenditure: Current (KWD mn) 12,125.900 2016 yearly 1989 - 2016
Government Revenue (KWD mn) 13,633.900 2016 yearly 1987 - 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) 1,817.0 Mar 2021 monthly Jan 1993 - Mar 2021
Total Exports (USD mn) 5,006.5 Mar 2021 monthly Jan 1993 - Mar 2021
Total Exports Growth (%) 61.8 Mar 2021 monthly Jan 1994 - Mar 2021
Aluminum: Exports (USD th) 152,297.350 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 529,113.260 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 17,111.420 2022 yearly 1995 - 2022
Total Imports (USD mn) 3,189.5 Mar 2021 monthly Jan 1992 - Mar 2021
Total Imports Growth (%) 27.7 Mar 2021 monthly Jan 1993 - Mar 2021
Imports: Medicament (USD th) 1,144,894.403 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 442,329.808 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 4.977 Nov 2023 monthly Jan 1973 - Nov 2023
Total Imports from USA (USD mn) 266.038 Mar 2021 monthly Jan 2017 - Mar 2021
Total Exports to China (USD mn) 27.186 Mar 2021 monthly Jan 2017 - Mar 2021
Total Imports from China (USD mn) 505.174 Mar 2021 monthly Jan 2017 - Mar 2021
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
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 4,557.2 Sep 2023 quarterly Mar 2012 - Sep 2023
Current Account Balance (USD mn) 15,358.8 Sep 2023 quarterly Mar 2012 - Sep 2023
Current Account Balance: % of GDP (%) 37.2 Sep 2023 quarterly Mar 2012 - Sep 2023
Foreign Direct Investment (USD mn) 196.3 Sep 2023 quarterly Mar 2012 - Sep 2023
Foreign Direct Investment: % of GDP (%) 0.5 Sep 2023 quarterly Mar 2012 - Sep 2023
Foreign Portfolio Investment (USD mn) -224.952 Sep 2023 quarterly Mar 2012 - Sep 2023
Foreign Portfolio Investment: % of GDP (%) -0.5 Sep 2023 quarterly Mar 2012 - Sep 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -99.8 Jun 2023 quarterly Mar 2012 - Jun 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -28.282 Sep 2023 quarterly Mar 2012 - Sep 2023
External Debt (USD mn) 59,638.5 Sep 2023 quarterly Mar 2018 - Sep 2023
External Debt: % of GDP (%) 35.3 2022 yearly 2014 - 2022
Forecast: Current Account Balance (USD bn) 29.379 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) 105,184.786 2022 yearly 2001 - 2022
BoP: FA: Other Investments (OT) (KWD mn) -1,407.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: OT: Liabilities (KWD mn) 1,389.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: CA: Secondary Income: Credit (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: CA: 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: CA: Primary Income: Debit (KWD mn) 0.000 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: 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
Number of Investment Companies (Unit) 41.000 Dec 2022 monthly Mar 2005 - Dec 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.7 Sep 2023 quarterly Mar 2012 - Sep 2023
Household Debt: % of GDP (%) 0.5 Sep 2023 quarterly Dec 2010 - Sep 2023
Money Supply M1 (USD mn) 34,920.619 Dec 2023 monthly Jan 1994 - Dec 2023
Money Supply M2 (USD mn) 127,094.703 Dec 2023 monthly Jan 1994 - Dec 2023
M2 Growth (%) 1.0 Dec 2023 monthly Jan 1995 - Dec 2023
Foreign Exchange Reserves (USD mn) 42,350.9 Dec 2023 monthly Jan 1964 - Dec 2023
Foreign Exchange Reserves: % of GDP (%) 25.497 Sep 2023 quarterly Dec 2010 - Sep 2023
Foreign Exchange Reserves: Months of Import (NA) 13.8 Sep 2023 quarterly Mar 1973 - Sep 2023
Gold Reserves (USD mn) 103.341 Dec 2023 monthly Dec 1961 - Dec 2023
Total Deposits (USD mn) 157,920.013 Jan 2024 monthly Jan 1994 - Jan 2024
Total Deposits Growth (%) 2.9 Jan 2024 monthly Jan 1995 - Jan 2024
Domestic Credit (USD mn) 127,635.9 Dec 2023 monthly Jan 1994 - Dec 2023
Domestic Credit Growth (%) 1.2 Nov 2023 monthly Jan 1995 - Nov 2023
Household Debt (USD mn) 951.9 Nov 2023 monthly Jan 2002 - Nov 2023
Total Loans (USD mn) 174,673.839 Dec 2023 monthly Jan 1994 - Dec 2023
Total Loans Growth (%) 2.16 Dec 2023 monthly Jan 1995 - Dec 2023
Private Debt: % of Nominal GDP (%) 100.05 Sep 2023 quarterly Dec 2010 - Sep 2023

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