Kuwait Tax Revenue: % of GDP

1986 - 2020 | Yearly | % | CEIC Data

Key information about Kuwait Tax revenue: % of GDP

  • Kuwait Tax revenue: % of GDP was reported at 1.5 % in Dec 2020.
  • This records an increase from the previous number of 1.3 % for Dec 2019.
  • Kuwait Tax revenue: % of GDP data is updated yearly, averaging 1.1 % from Dec 1986 to 2020, with 35 observations.
  • The data reached an all-time high of 1.7 % in 2016 and a record low of 0.1 % in 1991.
  • Kuwait Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
  • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Annual: Middle East and Africa.

CEIC shifts year-end for annual Tax Revenue as % of Nominal GDP and calculates it from annual Tax Revenue and annual Nominal GDP. The Central Bank of Kuwait provides Tax Revenue in local currency. Central Statistical Bureau provides Nominal GDP in local currency. Tax Revenue is reported in annual frequency, ending in March of each year.

View Kuwait's Tax Revenue: % of GDP from 1986 to 2020 in the chart:

Kuwait Tax Revenue: % of GDP

What was Kuwait's Tax Revenue: % of GDP in 2020?

Kuwait Tax revenue: % of GDP was reported at 1.5 % in Dec 2020. See the table below for more data.

Last Previous Min Max Unit Frequency Range
1.5 2020 1.3 2019 0.1 1991 1.7 2016 % yearly 1986 - 2020

Tax Revenue: % of GDP by Country Comparison

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Includes Tax Revenue: % of GDP on 108 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 19.3 2021 yearly 2008 - 2021
Algeria (%) 5.4 2021 yearly 1997 - 2021
Argentina (%) 16.3 Sep 2022 quarterly Mar 2004 - Sep 2022
Armenia (%) 18.8 Sep 2022 quarterly Mar 2008 - Sep 2022
Australia (%) 26.2 Sep 2022 quarterly Sep 2002 - Sep 2022
Austria (%) 27.9 Sep 2022 quarterly Mar 2001 - Sep 2022
Azerbaijan (%) 15.4 2020 yearly 1993 - 2020
Bahrain (%) 3.7 2021 yearly 1990 - 2021
Bangladesh (%) 7.9 2021 yearly 2006 - 2021
Belarus (%) 22.1 Sep 2021 quarterly Mar 2009 - Sep 2021
Belgium (%) 30.0 2021 yearly 1980 - 2021
Bolivia (%) 16.4 2021 yearly 1990 - 2021
Bosnia and Herzegovina (%) 22.0 2021 yearly 2005 - 2021
Botswana (%) 28.0 Sep 2022 quarterly Jun 2007 - Sep 2022
Brazil (%) 16.9 Dec 2022 quarterly Sep 1994 - Dec 2022
Brunei (%) 1.9 2021 yearly 2010 - 2021
Bulgaria (%) 26.2 Sep 2022 quarterly Mar 2003 - Sep 2022
Cambodia (%) 16.3 2021 yearly 2013 - 2021
Canada (%) 11.7 Sep 2022 quarterly Mar 1996 - Sep 2022
Chile (%) 20.4 2021 yearly 1990 - 2021
China (%) 12.4 Dec 2022 quarterly Mar 1995 - Dec 2022
Colombia (%) 16.6 Sep 2022 quarterly Mar 2000 - Sep 2022
Croatia (%) 25.8 Dec 2019 quarterly Mar 2015 - Dec 2019
Cyprus (%) 29.7 Sep 2022 quarterly Mar 1995 - Sep 2022
Czech Republic (%) 18.9 Sep 2022 quarterly Mar 1995 - Sep 2022
Denmark (%) 39.7 Sep 2022 quarterly Mar 1999 - Sep 2022
Ecuador (%) 12.0 Sep 2022 quarterly Mar 2000 - Sep 2022
Egypt (%) 5.4 2021 yearly 2005 - 2021
Estonia (%) 21.0 Sep 2022 quarterly Mar 2000 - Sep 2022
European Union (%) 26.9 2021 yearly 1995 - 2021
Finland (%) 27.7 Sep 2022 quarterly Mar 1999 - Sep 2022
France (%) 17.0 Sep 2022 quarterly Mar 2006 - Sep 2022
Georgia (%) 20.9 Sep 2022 quarterly Mar 2006 - Sep 2022
Germany (%) 23.1 Sep 2022 quarterly Mar 1991 - Sep 2022
Ghana (%) 14.0 Jun 2022 quarterly Mar 2008 - Jun 2022
Greece (%) 29.4 Sep 2022 quarterly Mar 1999 - Sep 2022
Hong Kong SAR, China (%) 5.3 Sep 2022 quarterly Sep 1979 - Sep 2022
Hungary (%) 23.0 Sep 2022 quarterly Mar 1999 - Sep 2022
Iceland (%) 30.2 Sep 2022 quarterly Mar 2002 - Sep 2022
India (%) 7.7 Sep 2022 quarterly Jun 1997 - Sep 2022
Indonesia (%) 10.0 Sep 2022 quarterly Mar 2014 - Sep 2022
Iran (%) 5.9 2019 yearly 1996 - 2019
Ireland (%) 16.4 Sep 2022 quarterly Mar 2000 - Sep 2022
Israel (%) 24.0 Sep 2022 quarterly Mar 2001 - Sep 2022
Italy (%) 29.0 Sep 2022 quarterly Mar 1999 - Sep 2022
Ivory Coast (%) 12.5 2021 yearly 1960 - 2021
Japan (%) 12.5 Sep 2022 quarterly Jun 1983 - Sep 2022
Jordan (%) 15.2 2018 yearly 1999 - 2018
Kazakhstan (%) 20.4 Sep 2022 quarterly Mar 2008 - Sep 2022
Kenya (%) 7.2 2021 yearly 2006 - 2021
South Korea (%) 18.2 Sep 2022 quarterly Mar 2000 - Sep 2022
Kosovo (%) 25.0 Sep 2022 quarterly Mar 2010 - Sep 2022
Kuwait (%) 1.5 2020 yearly 1986 - 2020
Kyrgyzstan (%) 22.4 Sep 2022 quarterly Mar 2007 - Sep 2022
Laos (%) 10.0 2021 yearly 2012 - 2021
Latvia (%) 19.8 Sep 2022 quarterly Mar 1999 - Sep 2022
Lebanon (%) 10.9 2020 yearly 1998 - 2020
Lithuania (%) 18.3 Sep 2022 quarterly Mar 1999 - Sep 2022
Luxembourg (%) 27.5 2021 yearly 1995 - 2021
Macau SAR, China (%) 19.9 2021 yearly 2002 - 2021
North Macedonia (%) 17.5 Sep 2022 quarterly Mar 2004 - Sep 2022
Malawi (%) 11.7 2020 yearly 2009 - 2020
Malaysia (%) 12.9 Sep 2022 quarterly Mar 1991 - Sep 2022
Malta (%) 23.0 Sep 2022 quarterly Mar 2000 - Sep 2022
Mauritius (%) 18.1 Sep 2022 quarterly Mar 2010 - Sep 2022
Mexico (%) 11.9 Sep 2022 quarterly Mar 1993 - Sep 2022
Moldova (%) 20.4 2021 yearly 2004 - 2021
Mongolia (%) 24.6 Sep 2022 quarterly Mar 2000 - Sep 2022
Montenegro (%) 20.7 Sep 2022 quarterly Mar 2012 - Sep 2022
Morocco (%) 22.0 Jun 2022 quarterly Mar 2007 - Jun 2022
Mozambique (%) 18.4 2016 yearly 1996 - 2016
Myanmar (%) 4.4 2021 yearly 2005 - 2021
Nepal (%) 19.1 2018 yearly 2001 - 2018
Netherlands (%) 23.5 Sep 2022 quarterly Mar 1999 - Sep 2022
New Zealand (%) 31.5 2021 yearly 1999 - 2021
Norway (%) 37.0 Sep 2022 quarterly Mar 2002 - Sep 2022
Oman (%) 3.7 2021 yearly 1996 - 2021
Pakistan (%) 5.7 2021 yearly 2000 - 2021
Palestinian Territory (%) 21.4 2020 yearly 2005 - 2020
Panama (%) 6.9 Sep 2022 quarterly Mar 2007 - Sep 2022
Paraguay (%) 11.1 Sep 2022 quarterly Mar 1998 - Sep 2022
Peru (%) 15.7 Sep 2022 quarterly Mar 1990 - Sep 2022
Philippines (%) 16.1 Sep 2022 quarterly Mar 1985 - Sep 2022
Poland (%) 15.6 Sep 2022 quarterly Mar 2007 - Sep 2022
Portugal (%) 22.9 Jun 2022 quarterly Mar 1999 - Jun 2022
Russia (%) 19.6 Sep 2022 quarterly Mar 1996 - Sep 2022
Serbia (%) 37.1 Sep 2022 quarterly Mar 2005 - Sep 2022
Singapore (%) 15.2 Sep 2022 quarterly Dec 1987 - Sep 2022
Slovakia (%) 13.4 Sep 2022 quarterly Mar 2005 - Sep 2022
Slovenia (%) 19.0 Sep 2022 quarterly Mar 2000 - Sep 2022
South Africa (%) 21.0 Sep 2022 quarterly Mar 1990 - Sep 2022
Spain (%) 24.5 2021 yearly 1995 - 2021
Sri Lanka (%) 7.6 Sep 2022 quarterly Mar 2014 - Sep 2022
Sudan (%) 4.0 2020 yearly 2001 - 2020
Sweden (%) 22.7 2021 yearly 1995 - 2021
Switzerland (%) 28.4 2020 yearly 1990 - 2020
Taiwan (%) 9.8 Dec 2022 quarterly Mar 1975 - Dec 2022
Tajikistan (%) 20.5 2016 yearly 2000 - 2016
Thailand (%) 13.3 2021 yearly 1990 - 2021
Tunisia (%) 22.7 2020 yearly 1991 - 2020

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Kuwait Key Series

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Includes 183 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 (%) -9.6 2019 yearly 1988 - 2019
Consolidated Fiscal Balance (USD mn) -9,912.505 2021 yearly 1988 - 2021
Tax Revenue (USD mn) 128.142 Dec 2015 monthly Sep 2003 - Dec 2015
Tax Revenue: % of GDP (%) 1.5 2020 yearly 1986 - 2020
National Government Debt (USD mn) 914.1 Dec 2022 monthly Dec 1993 - Dec 2022
Government Debt: % of GDP (%) 3.2 Dec 2020 quarterly Dec 2010 - Dec 2020
Forecast: Government Expenditure (KWD bn) 27.150 2027 yearly 1990 - 2027
Forecast: Government Net Debt (KWD bn) 7.632 2027 yearly 1991 - 2027
Forecast: Government Revenue (KWD bn) 28.077 2027 yearly 1990 - 2027
Government Expenditure: ytd: Purchases of Non Financial Assets (KWD mn) 1,402.323 Feb 2022 monthly Apr 2018 - Feb 2022
Government Revenue: ytd: Non Oil (KWD mn) 2,395.923 Mar 2022 monthly Apr 2018 - Mar 2022
Government Fiscal Balance: ytd (KWD mn) -2,991.084 Mar 2022 monthly Apr 2018 - Mar 2022
Government Expenditure: ytd: Current (KWD mn) 14,978.234 Feb 2022 monthly Apr 2018 - Feb 2022
Government Revenue: ytd (KWD mn) 15,979.052 Feb 2022 monthly Apr 2018 - Feb 2022
Government Revenue: ytd: Non Oil: Tax and Fees (KWD mn) 383.685 Feb 2022 monthly Apr 2018 - Feb 2022
Government Expenditure: ytd (KWD mn) 21,604.005 Mar 2022 monthly Apr 2018 - Mar 2022
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 Revenue: Tax (KWD mn) 486.000 2016 yearly 1987 - 2016
Government Expenditure: Capital (KWD mn) 226.000 2016 yearly 1989 - 2016
Public Debt (KWD mn) 280.000 Dec 2022 monthly Dec 1993 - Dec 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.857 2027 yearly 1980 - 2027
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) 17,922.605 2021 yearly 1995 - 2021
Exports: Medicament (USD th) 46,166.543 2021 yearly 1995 - 2021
Exports: Medicinal and Pharmaceutical Product (USD th) 2,633.295 2021 yearly 1995 - 2021
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) 1,031,271.480 2021 yearly 1995 - 2021
Imports: Medicinal and Pharmaceutical Product (USD th) 357,064.993 2021 yearly 1995 - 2021
Total Exports to USA (USD mn) 1.399 Oct 2022 monthly Jan 1973 - Oct 2022
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: 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
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 4,858.4 Sep 2022 quarterly Mar 2012 - Sep 2022
Current Account Balance (USD mn) 17,098.1 Sep 2022 quarterly Mar 2012 - Sep 2022
Current Account Balance: % of GDP (%) 0.5 Dec 2020 quarterly Mar 2012 - Dec 2020
Foreign Direct Investment (USD mn) 372.4 Sep 2022 quarterly Mar 2012 - Sep 2022
Foreign Direct Investment: % of GDP (%) -1.4 Dec 2020 quarterly Mar 2012 - Dec 2020
Foreign Portfolio Investment (USD mn) -550.515 Sep 2022 quarterly Mar 2012 - Sep 2022
Foreign Portfolio Investment: % of GDP (%) 3.1 Dec 2020 quarterly Mar 2012 - Dec 2020
Foreign Portfolio Investment: Equity Securities (USD mn) 12.0 Sep 2022 quarterly Mar 2012 - Sep 2022
Foreign Portfolio Investment: Debt Securities (USD mn) -562.539 Sep 2022 quarterly Mar 2012 - Sep 2022
External Debt (USD mn) 62,350.7 Sep 2022 quarterly Mar 2018 - Sep 2022
External Debt: % of GDP (%) 58.5 2020 yearly 2014 - 2020
Forecast: Current Account Balance (USD bn) 29.190 2027 yearly 1980 - 2027
Net International Investment Position (USD mn) 90,220.165 2021 yearly 2001 - 2021
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: 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: Net Errors and Omissions (KWD mn) 493.000 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: OT: Liabilities (KWD mn) 1,389.000 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: FA: Financial Derivatives: Liabilities (KWD mn) 40.000 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: Financial Derivatives: Assets (KWD mn) -36.000 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: Other Investments (OT) (KWD mn) -1,407.000 Sep 2018 quarterly Mar 2012 - Sep 2018
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.5 Sep 2022 quarterly Mar 2012 - Sep 2022
Household Debt: % of GDP (%) 1.5 Dec 2020 quarterly Dec 2010 - Dec 2020
Money Supply M1 (USD mn) 37,740.451 Dec 2022 monthly Jan 1994 - Dec 2022
Money Supply M2 (USD mn) 125,465.230 Dec 2022 monthly Jan 1994 - Dec 2022
M2 Growth (%) 6.0 Dec 2022 monthly Jan 1995 - Dec 2022
Foreign Exchange Reserves (USD mn) 42,882.0 Dec 2022 monthly Jan 1964 - Dec 2022
Foreign Exchange Reserves: % of GDP (%) 42.914 Dec 2020 quarterly Dec 2010 - Dec 2020
Foreign Exchange Reserves: Months of Import (NA) 15.4 Mar 2022 quarterly Mar 1973 - Mar 2022
Gold Reserves (USD mn) 103.493 Dec 2022 monthly Dec 1961 - Dec 2022
Total Deposits (USD mn) 153,150.506 Dec 2022 monthly Jan 1994 - Dec 2022
Total Deposits Growth (%) 5.3 Dec 2022 monthly Jan 1995 - Dec 2022
Domestic Credit (USD mn) 126,538.7 Dec 2022 monthly Jan 1994 - Dec 2022
Domestic Credit Growth (%) 2.6 Dec 2022 monthly Jan 1995 - Dec 2022
Household Debt (USD mn) 1,182.5 Dec 2022 monthly Jan 2002 - Dec 2022
Total Loans (USD mn) 171,228.208 Dec 2022 monthly Jan 1994 - Dec 2022
Total Loans Growth (%) 8.61 Dec 2022 monthly Jan 1995 - Dec 2022
Private Debt: % of Nominal GDP (%) 134.08 Dec 2020 quarterly Dec 2010 - Dec 2020
Money Supply: M3 (KWD mn) 38,430.000 Dec 2022 monthly Jan 1994 - Dec 2022
Money Supply: M3: M2: M1: Currency in Circulation (KWD mn) 1,670.300 Dec 2022 monthly Jan 1994 - Dec 2022
Monetary Survey: CBK and Local Banks: Money Supply M2: M1 (KWD mn) 11,559.900 Dec 2022 monthly Jan 1994 - Dec 2022
Monetary Survey: CBK and Local Banks: Money Supply M2 (KWD mn) 38,430.000 Dec 2022 monthly Jan 1994 - Dec 2022
Local Banks Time Deposits (KWD mn) 62,638.200 Dec 2022 monthly Jan 1994 - Dec 2022

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