Kuwait Private Debt: % of Nominal GDP

2010 - 2025 | Quarterly | % | CEIC Data

Key information about Kuwait Private Debt: % of Nominal GDP

  • Kuwait Private Debt accounted for 106.68 % of its Nominal GDP in Dec 2025, compared with a ratio of 104.26 % in the previous quarter
  • Kuwait Private Debt contribution to Nominal GDP ratio is updated quarterly, available from Dec 2010 to Dec 2025, with an average share of 89.88 %
  • The data reached an all-time high of 117.31 % in Mar 2021 and a record low of 51.19 % in Dec 2012

CEIC calculates quarterly Private Debt as % of Nominal GDP from monthly Private Debt and quarterly Nominal GDP. Private Debt is calculated by subtracting Credits to Non Bank Financial Institutions and Public Services from Total Credits. The Central Bank of Kuwait provides Private Debt in local currency. Central Statistical Bureau provides Nominal GDP in local currency.

View Kuwait's Private Debt: % of Nominal GDP from Dec 2010 to Dec 2025 in the chart:

Kuwait Private Debt: % of Nominal GDP

What was Kuwait's Private Debt: % of Nominal GDP in Dec 2025?

Kuwait Private Debt accounted for 106.68 % of its Nominal GDP in Dec 2025, compared with a ratio of 104.26 % in the previous quarter See the table below for more data.

Last Previous Min Max Unit Frequency Range
106.68 Dec 2025 104.26 Sep 2025 51.19 Dec 2012 117.31 Mar 2021 % quarterly Dec 2010 - Dec 2025

Private Debt: % of Nominal GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 34.03 Dec 2025 quarterly Dec 2002 - Dec 2025
Algeria (%) 18.54 Dec 2024 quarterly Jun 2006 - Dec 2024
Argentina (%) 13.94 Dec 2025 quarterly Dec 2004 - Dec 2025
Armenia (%) 63.14 Dec 2025 quarterly Dec 2000 - Dec 2025
Australia (%) 129.18 Dec 2025 quarterly Mar 1990 - Dec 2025
Austria (%) 85.57 Dec 2025 quarterly Dec 1998 - Dec 2025
Azerbaijan (%) 22.84 Dec 2025 quarterly Dec 2001 - Dec 2025
Bahrain (%) 62.48 Sep 2023 quarterly Mar 2008 - Sep 2023
Bangladesh (%) 31.52 2025 yearly 1974 - 2025
Belarus (%) 20.23 Dec 2025 quarterly Dec 2006 - Dec 2025
Belgium (%) 65.82 Dec 2025 quarterly Mar 1999 - Dec 2025
Bolivia (%) 68.67 Dec 2024 quarterly Dec 1997 - Dec 2024
Bosnia and Herzegovina (%) 45.98 Dec 2025 quarterly Dec 2008 - Dec 2025
Botswana (%) 31.36 Dec 2025 quarterly Dec 2002 - Dec 2025
Brazil (%) 53.54 Mar 2026 quarterly Mar 2012 - Mar 2026
Brunei (%) 30.00 Dec 2025 quarterly Dec 2013 - Dec 2025
Bulgaria (%) 52.42 Sep 2025 quarterly Dec 2005 - Sep 2025
Cambodia (%) 123.98 2024 yearly 2010 - 2024
Canada (%) 209.65 Dec 2025 quarterly Mar 1969 - Dec 2025
Chile (%) 65.42 Dec 2025 quarterly Mar 2012 - Dec 2025
China (%) 198.85 Sep 2025 quarterly Dec 1992 - Sep 2025
Colombia (%) 39.86 Dec 2025 quarterly Dec 2005 - Dec 2025
Croatia (%) 49.20 Dec 2025 quarterly Dec 2008 - Dec 2025
Cyprus (%) 54.00 Dec 2025 quarterly Dec 2005 - Dec 2025
Czech Republic (%) 47.72 Dec 2025 quarterly Mar 1997 - Dec 2025
Denmark (%) 28.74 Dec 2025 quarterly Dec 2013 - Dec 2025
Ecuador (%) 57.23 Dec 2025 quarterly Mar 2004 - Dec 2025
Egypt (%) 24.36 Dec 2025 quarterly Jun 2002 - Dec 2025
Estonia (%) 63.00 Dec 2025 quarterly Mar 1997 - Dec 2025
European Union (%) 76.73 Dec 2025 quarterly Sep 1997 - Dec 2025
Finland (%) 90.00 Dec 2025 quarterly Sep 1997 - Dec 2025
France (%) 105.41 Mar 2026 quarterly Mar 1980 - Mar 2026
Georgia (%) 65.86 Dec 2025 quarterly Dec 1996 - Dec 2025
Germany (%) 72.27 Mar 2026 quarterly Dec 1991 - Mar 2026
Ghana (%) 6.71 Mar 2025 quarterly Dec 2006 - Mar 2025
Greece (%) 52.22 Dec 2025 quarterly Mar 2001 - Dec 2025
Hong Kong SAR, China (%) 188.87 Mar 2026 quarterly Dec 1973 - Mar 2026
Hungary (%) 54.76 Dec 2025 quarterly Dec 2015 - Dec 2025
Iceland (%) 88.11 Dec 2025 quarterly Dec 1995 - Dec 2025
India (%) 51.51 Mar 2022 quarterly Mar 1997 - Mar 2022
Indonesia (%) 30.39 Mar 2026 quarterly Mar 2002 - Mar 2026
Iran (%) 57.83 2016 yearly 1961 - 2016
Ireland (%) 22.27 Dec 2025 quarterly Mar 2003 - Dec 2025
Israel (%) 114.77 Dec 2025 quarterly Dec 1995 - Dec 2025
Italy (%) 57.13 Dec 2025 quarterly Jun 1998 - Dec 2025
Ivory Coast (%) 22.95 2025 yearly 2016 - 2025
Japan (%) 115.86 Dec 2025 quarterly Dec 2001 - Dec 2025
Jordan (%) 69.68 Dec 2025 quarterly Mar 2002 - Dec 2025
Kazakhstan (%) 27.12 Dec 2025 quarterly Mar 1996 - Dec 2025
Kenya (%) 27.48 Jun 2025 quarterly Dec 2009 - Jun 2025
South Korea (%) 140.77 Dec 2025 quarterly Mar 1991 - Dec 2025
Kosovo (%) 59.84 Dec 2025 quarterly Dec 2010 - Dec 2025
Kuwait (%) 106.68 Dec 2025 quarterly Dec 2010 - Dec 2025
Kyrgyzstan (%) 27.03 Mar 2026 quarterly Dec 2003 - Mar 2026
Laos (%) 56.96 2024 yearly 2012 - 2024
Latvia (%) 30.61 Dec 2025 quarterly Sep 2003 - Dec 2025
Lebanon (%) 102.16 2017 yearly 1988 - 2017
Lithuania (%) 38.77 Dec 2025 quarterly Mar 2004 - Dec 2025
Luxembourg (%) 78.78 Dec 2025 quarterly Mar 1999 - Dec 2025
Macau SAR, China (%) 115.71 Mar 2026 quarterly Dec 2001 - Mar 2026
North Macedonia (%) 52.65 Dec 2025 quarterly Mar 2003 - Dec 2025
Malawi (%) 7.49 2023 yearly 2017 - 2023
Malaysia (%) 117.80 Mar 2026 quarterly Dec 2001 - Mar 2026
Malta (%) 63.78 Dec 2025 quarterly Dec 2003 - Dec 2025
Mauritius (%) 72.00 Dec 2025 quarterly Dec 2001 - Dec 2025
Mexico (%) 21.17 Dec 2025 quarterly Mar 2004 - Dec 2025
Moldova (%) 27.01 Jun 2025 quarterly Mar 2000 - Jun 2025
Mongolia (%) 46.64 Mar 2026 quarterly Dec 2010 - Mar 2026
Montenegro (%) 50.62 Dec 2025 quarterly Mar 2007 - Dec 2025
Morocco (%) 51.62 Dec 2025 quarterly Dec 2007 - Dec 2025
Mozambique (%) 16.84 2024 yearly 2001 - 2024
Myanmar (%) 28.98 2020 yearly 1960 - 2020
Nepal (%) 74.44 2024 yearly 2003 - 2024
Netherlands (%) 83.10 Mar 2026 quarterly Dec 1995 - Mar 2026
New Zealand (%) 136.85 Dec 2025 quarterly Mar 1988 - Dec 2025
Nigeria (%) 15.41 Jun 2024 quarterly Dec 2010 - Jun 2024
Norway (%) 118.12 Dec 2025 quarterly Mar 1996 - Dec 2025
Oman (%) 52.89 Dec 2025 quarterly Dec 2005 - Dec 2025
Pakistan (%) 8.89 2025 yearly 2005 - 2025
Palestinian Territory (%) 53.04 Dec 2025 quarterly Dec 2013 - Dec 2025
Panama (%) 67.13 Dec 2025 quarterly Dec 2007 - Dec 2025
Paraguay (%) 40.85 Sep 2023 quarterly Dec 1994 - Sep 2023
Peru (%) 31.68 Dec 2025 quarterly Mar 1992 - Dec 2025
Philippines (%) 52.20 Mar 2026 quarterly Dec 2001 - Mar 2026
Poland (%) 32.74 Dec 2025 quarterly Dec 2009 - Dec 2025
Portugal (%) 71.30 Dec 2025 quarterly Dec 1995 - Dec 2025
Qatar (%) 119.88 Dec 2025 quarterly Dec 2011 - Dec 2025
Romania (%) 21.99 Dec 2025 quarterly Mar 2007 - Dec 2025
Russia (%) 55.59 Dec 2023 quarterly Sep 2002 - Dec 2023
Saudi Arabia (%) 65.08 Dec 2025 quarterly Dec 2003 - Dec 2025
Serbia (%) 35.36 Dec 2025 quarterly Mar 2004 - Dec 2025
Singapore (%) 127.25 Dec 2025 quarterly Mar 2004 - Dec 2025
Slovakia (%) 60.42 Dec 2025 quarterly Mar 2009 - Dec 2025
Slovenia (%) 36.04 Dec 2025 quarterly Dec 2004 - Dec 2025
South Africa (%) 68.50 Dec 2025 quarterly Mar 1965 - Dec 2025
Spain (%) 69.79 Mar 2026 quarterly Mar 2003 - Mar 2026
Sri Lanka (%) 25.87 Dec 2024 quarterly Dec 2010 - Dec 2024
Sudan (%) 5.64 2022 yearly 1960 - 2022
Sweden (%) 124.09 Dec 2025 quarterly Dec 1991 - Dec 2025
Switzerland (%) 160.60 Dec 2025 quarterly Dec 1996 - Dec 2025

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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) -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: OT: Liabilities (KWD mn) 1,389.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: Capital Account: Debit (KWD mn) 5.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: Other Investments (OT) (KWD mn) -1,407.000 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: 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: Secondary Income: Credit (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: CA: Debit (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: OT: Assets (KWD mn) -2,795.000 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

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