Kuwait Tax Revenue: % of GDP

1986 - 2024 | Yearly | % | CEIC Data

Key information about Kuwait Tax revenue: % of GDP

  • Kuwait Tax revenue: % of GDP was reported at 1.2 % in Dec 2024.
  • This records an increase from the previous number of 1.1 % for Dec 2023.
  • Kuwait Tax revenue: % of GDP data is updated yearly, averaging 1.0 % from Dec 1986 to 2024, with 39 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.

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 2024 in the chart:

Kuwait Tax Revenue: % of GDP

What was Kuwait's Tax Revenue: % of GDP in 2024?

Kuwait Tax revenue: % of GDP was reported at 1.2 % in Dec 2024. See the table below for more data.

Last Previous Min Max Unit Frequency Range
1.2 2024 1.1 2023 0.1 1991 1.7 2016 % yearly 1986 - 2024

Tax Revenue: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 19.8 2024 yearly 1997 - 2024
Algeria (%) 4.5 2024 yearly 1997 - 2024
Argentina (%) 14.8 Jun 2025 quarterly Mar 2004 - Jun 2025
Armenia (%) 19.2 Dec 2024 quarterly Mar 2008 - Dec 2024
Australia (%) 28.0 Sep 2025 quarterly Sep 2002 - Sep 2025
Austria (%) 27.3 Jun 2025 quarterly Mar 2001 - Jun 2025
Azerbaijan (%) 17.5 2024 yearly 1993 - 2024
Bahrain (%) 5.3 2024 yearly 1990 - 2024
Bangladesh (%) 7.5 2024 yearly 2006 - 2024
Belarus (%) 21.7 Sep 2021 quarterly Mar 2009 - Sep 2021
Belgium (%) 29.3 2024 yearly 1980 - 2024
Bolivia (%) 17.8 2024 yearly 1990 - 2024
Bosnia and Herzegovina (%) 23.0 2024 yearly 2005 - 2024
Botswana (%) 23.8 Jun 2025 quarterly Jun 2007 - Jun 2025
Brazil (%) 15.7 Sep 2025 quarterly Sep 1994 - Sep 2025
Brunei (%) 1.8 2024 yearly 2010 - 2024
Bulgaria (%) 26.7 Sep 2025 quarterly Mar 2003 - Sep 2025
Cambodia (%) 11.5 2024 yearly 2009 - 2024
Canada (%) 11.5 Sep 2025 quarterly Mar 1996 - Sep 2025
Chile (%) 19.6 2024 yearly 1990 - 2024
China (%) 11.2 Sep 2025 quarterly Mar 1995 - Sep 2025
Colombia (%) 16.8 Sep 2025 quarterly Mar 2000 - Sep 2025
Croatia (%) 25.7 Jun 2025 quarterly Mar 1999 - Jun 2025
Cyprus (%) 20.1 Jun 2025 quarterly Mar 1995 - Jun 2025
Czech Republic (%) 20.5 Jun 2025 quarterly Mar 1995 - Jun 2025
Denmark (%) 44.9 Jun 2025 quarterly Mar 1999 - Jun 2025
Ecuador (%) 13.8 Jun 2025 quarterly Mar 2000 - Jun 2025
Egypt (%) 5.6 2024 yearly 2005 - 2024
Estonia (%) 24.4 Jun 2025 quarterly Mar 1999 - Jun 2025
European Union (%) 26.0 2024 yearly 1995 - 2024
Finland (%) 32.0 Jun 2025 quarterly Mar 1999 - Jun 2025
France (%) 16.2 Sep 2025 quarterly Mar 2006 - Sep 2025
Georgia (%) 24.7 Jun 2025 quarterly Mar 2006 - Jun 2025
Germany (%) 22.2 Sep 2025 quarterly Mar 1991 - Sep 2025
Ghana (%) 15.1 Jun 2025 quarterly Mar 2008 - Jun 2025
Greece (%) 29.6 Jun 2025 quarterly Mar 1999 - Jun 2025
Hong Kong SAR, China (%) 6.6 Sep 2025 quarterly Sep 1979 - Sep 2025
Hungary (%) 26.5 Jun 2025 quarterly Mar 1999 - Jun 2025
Iceland (%) 32.3 Jun 2025 quarterly Mar 2002 - Jun 2025
India (%) 8.1 Sep 2025 quarterly Jun 1997 - Sep 2025
Indonesia (%) 8.9 Sep 2025 quarterly Mar 2014 - Sep 2025
Iran (%) 4.9 2023 yearly 1996 - 2023
Ireland (%) 16.7 Jun 2025 quarterly Mar 2000 - Jun 2025
Israel (%) 24.8 Sep 2025 quarterly Mar 2001 - Sep 2025
Italy (%) 24.1 Mar 2025 quarterly Mar 1999 - Mar 2025
Ivory Coast (%) 12.9 2024 yearly 1960 - 2024
Japan (%) 11.9 Sep 2025 quarterly Jun 1983 - Sep 2025
Jordan (%) 15.2 2018 yearly 1999 - 2018
Kazakhstan (%) 18.2 Jun 2025 quarterly Mar 2008 - Jun 2025
Kenya (%) 6.6 2024 yearly 2006 - 2024
South Korea (%) 14.8 Sep 2025 quarterly Mar 2000 - Sep 2025
Kosovo (%) 24.8 Sep 2023 quarterly Mar 2010 - Sep 2023
Kuwait (%) 1.2 2024 yearly 1986 - 2024
Kyrgyzstan (%) 21.7 Sep 2025 quarterly Mar 2007 - Sep 2025
Laos (%) 15.0 2024 yearly 2012 - 2024
Latvia (%) 23.6 Jun 2025 quarterly Mar 1999 - Jun 2025
Lebanon (%) 6.0 2021 yearly 1998 - 2021
Lithuania (%) 24.8 Jun 2025 quarterly Mar 1999 - Jun 2025
Luxembourg (%) 30.5 2024 yearly 1995 - 2024
Macau SAR, China (%) 27.4 2024 yearly 2002 - 2024
North Macedonia (%) 18.4 Jun 2025 quarterly Mar 2004 - Jun 2025
Malawi (%) 13.5 2022 yearly 2009 - 2022
Malaysia (%) 14.8 Sep 2025 quarterly Mar 1991 - Sep 2025
Malta (%) 21.8 Jun 2025 quarterly Mar 1999 - Jun 2025
Mauritius (%) 27.6 Jun 2025 quarterly Mar 2010 - Jun 2025
Mexico (%) 14.4 Sep 2025 quarterly Mar 1993 - Sep 2025
Moldova (%) 21.3 2024 yearly 2004 - 2024
Mongolia (%) 27.4 Sep 2025 quarterly Mar 2000 - Sep 2025
Montenegro (%) 30.0 Jun 2025 quarterly Mar 2012 - Jun 2025
Morocco (%) 21.0 Sep 2024 quarterly Mar 2007 - Sep 2024
Mozambique (%) 18.2 2016 yearly 1996 - 2016
Myanmar (%) 4.4 2021 yearly 2005 - 2021
Nepal (%) 19.1 2018 yearly 2001 - 2018
Netherlands (%) 25.9 Jun 2025 quarterly Mar 1999 - Jun 2025
New Zealand (%) 31.2 2024 yearly 1999 - 2024
Norway (%) 29.5 Jun 2025 quarterly Mar 2002 - Jun 2025
Oman (%) 4.5 2024 yearly 1996 - 2024
Pakistan (%) 10.4 2024 yearly 2001 - 2024
Palestinian Territory (%) 27.3 2024 yearly 2005 - 2024
Panama (%) 8.0 Jun 2025 quarterly Mar 2007 - Jun 2025
Paraguay (%) 13.5 Jun 2025 quarterly Mar 1998 - Jun 2025
Peru (%) 13.7 Sep 2025 quarterly Mar 1990 - Sep 2025
Philippines (%) 15.6 Sep 2025 quarterly Mar 1985 - Sep 2025
Poland (%) 14.1 Sep 2025 quarterly Mar 2007 - Sep 2025
Portugal (%) 22.4 Jun 2025 quarterly Mar 1999 - Jun 2025
Russia (%) 19.8 Jun 2025 quarterly Mar 1996 - Jun 2025
Serbia (%) 35.4 Sep 2025 quarterly Mar 2005 - Sep 2025
Singapore (%) 16.1 Sep 2025 quarterly Dec 1987 - Sep 2025
Slovakia (%) 15.1 Jun 2025 quarterly Mar 2005 - Jun 2025
Slovenia (%) 19.1 Sep 2025 quarterly Mar 2000 - Sep 2025
South Africa (%) 22.9 Sep 2025 quarterly Mar 1990 - Sep 2025
Spain (%) 22.9 2024 yearly 1995 - 2024
Sri Lanka (%) 15.8 Jun 2025 quarterly Mar 2014 - Jun 2025
Sudan (%) 5.6 2021 yearly 2001 - 2021
Sweden (%) 20.8 2024 yearly 1995 - 2024
Switzerland (%) 26.3 2023 yearly 1990 - 2023
Taiwan (%) 20.2 Sep 2025 quarterly Mar 1975 - Sep 2025
Tajikistan (%) 20.5 2016 yearly 2000 - 2016
Thailand (%) 13.2 2024 yearly 1990 - 2024
Tunisia (%) 26.1 2024 yearly 1991 - 2024

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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) 6,711.4 Oct 2025 monthly Dec 1993 - Oct 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
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 (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: 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 (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
Government Surplus/Deficit (KWD mn) -1,561.505 2024 yearly 1989 - 2024
Public Debt (KWD mn) 50.000 Jan 2025 monthly Dec 1993 - Jan 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.994 2028 yearly 1980 - 2028
Trade Balance (USD mn) 2,272.5 Jun 2025 monthly Jan 1993 - Jun 2025
Total Exports (USD mn) 5,364.9 Jun 2025 monthly Jan 1993 - Jun 2025
Total Exports Growth (%) -16.7 Jun 2025 monthly Jan 1994 - Jun 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) 3,092.5 Jun 2025 monthly Jan 1992 - Jun 2025
Total Imports Growth (%) 6.6 Jun 2025 monthly Jan 1993 - Jun 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) 2.735 Jul 2025 monthly Sep 1991 - Jul 2025
Total Imports from USA (USD mn) 295.319 Jun 2025 monthly Jan 2017 - Jun 2025
Total Exports to China (USD mn) 52.486 Jun 2025 monthly Jan 2017 - Jun 2025
Total Imports from China (USD mn) 638.906 Jun 2025 monthly Jan 2017 - Jun 2025
Trade Balance: Quarterly (KWD mn) 2,789.603 Dec 2018 quarterly Mar 1973 - Dec 2018
Exports: FOB: Growth Rate: YoY (%) -18.295 Nov 2024 monthly Apr 2020 - Nov 2024
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) 2,137.8 Jun 2025 quarterly Mar 2012 - Jun 2025
Current Account Balance (USD mn) 8,094.0 Jun 2025 quarterly Mar 2012 - Jun 2025
Current Account Balance: % of GDP (%) 21.5 Jun 2025 quarterly Mar 2012 - Jun 2025
Foreign Direct Investment (USD mn) 172.9 Jun 2025 quarterly Mar 2012 - Jun 2025
Foreign Direct Investment: % of GDP (%) 0.5 Jun 2025 quarterly Mar 2012 - Jun 2025
Foreign Portfolio Investment (USD mn) 1,084.720 Jun 2025 quarterly Mar 2012 - Jun 2025
Foreign Portfolio Investment: % of GDP (%) 2.9 Jun 2025 quarterly Mar 2012 - Jun 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 8.8 Jun 2025 quarterly Mar 2012 - Jun 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 1,075.914 Jun 2025 quarterly Mar 2012 - Jun 2025
External Debt (USD mn) 72,069.1 Jun 2025 quarterly Mar 2018 - Jun 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: FA: OT: Assets (KWD mn) -2,795.000 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: 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: Secondary Income: Credit (KWD mn) 0.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: CA: Debit (KWD mn) 0.000 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: CA: Primary Income: 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: Portfolio Investment: Assets (KWD mn) -1,260.000 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 (%) 3.5 Oct 2025 monthly Jan 1995 - Oct 2025
Foreign Exchange Reserves (USD mn) 37,261.2 Sep 2025 monthly Jan 1964 - Sep 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) 103.781 Oct 2025 monthly Dec 1961 - Oct 2025
Total Deposits (USD mn) 189,078.409 Oct 2025 monthly Jan 1994 - Oct 2025
Total Deposits Growth (%) 8.2 Oct 2025 monthly Jan 1995 - Oct 2025
Domestic Credit (USD mn) 154,670.8 Oct 2025 monthly Jan 1994 - Oct 2025
Domestic Credit Growth (%) 16.7 Oct 2025 monthly Jan 1995 - Oct 2025
Household Debt (USD mn) 1,660.2 Oct 2025 monthly Jan 2002 - Oct 2025
Total Loans (USD mn) 173,948.600 Oct 2025 monthly Jan 1994 - Oct 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
Money Supply: M3: M2: M1: Currency in Circulation (KWD mn) 1,633.400 Jan 2025 monthly Jan 1994 - Jan 2025
Monetary Survey: CBK and Local Banks: Money Supply M2: M1 (KWD mn) 10,421.800 Jan 2025 monthly Jan 1994 - Jan 2025
Money Supply: M3 (KWD mn) 40,707.200 Jan 2025 monthly Jan 1994 - Jan 2025
Monetary Survey: CBK and Local Banks: Money Supply M2 (KWD mn) 40,707.200 Jan 2025 monthly Jan 1994 - Jan 2025
Local Banks Time Deposits (KWD mn) 66,591.400 Jan 2025 monthly Jan 1994 - Jan 2025

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