Kuwait Tax Revenue: % of GDP
1986 - 2022 | Yearly | % | CEIC Data
Key information about Kuwait Tax revenue: % of GDP
- Kuwait Tax revenue: % of GDP was reported at 1.0 % in Dec 2022.
- This records a decrease from the previous number of 1.1 % for Dec 2021.
- Kuwait Tax revenue: % of GDP data is updated yearly, averaging 1.1 % from Dec 1986 to 2022, with 37 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 2022 in the chart:
What was Kuwait's Tax Revenue: % of GDP in 2022?
Kuwait Tax revenue: % of GDP was reported at 1.0 % in Dec 2022. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 1.0 2022 | 1.1 2021 | 0.1 1991 | 1.7 2016 | % | yearly | 1986 - 2022 |
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 (%) | 19.6 2022 | yearly | 2008 - 2022 |
| Algeria (%) | 5.0 2022 | yearly | 1997 - 2022 |
| Argentina (%) | 15.6 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| Armenia (%) | 25.1 Mar 2023 | quarterly | Mar 2008 - Mar 2023 |
| Australia (%) | 29.2 Dec 2023 | quarterly | Sep 2002 - Dec 2023 |
| Austria (%) | 31.3 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Azerbaijan (%) | 17.9 2023 | yearly | 1993 - 2023 |
| Bahrain (%) | 5.2 2022 | yearly | 1990 - 2022 |
| Bangladesh (%) | 7.9 2023 | yearly | 2006 - 2023 |
| Belarus (%) | 21.7 Sep 2021 | quarterly | Mar 2009 - Sep 2021 |
| Belgium (%) | 29.7 2022 | yearly | 1980 - 2022 |
| Bolivia (%) | 17.8 2022 | yearly | 1990 - 2022 |
| Bosnia and Herzegovina (%) | 21.7 2022 | yearly | 2005 - 2022 |
| Botswana (%) | 34.0 Jun 2023 | quarterly | Jun 2007 - Jun 2023 |
| Brazil (%) | 15.8 Dec 2023 | quarterly | Sep 1994 - Dec 2023 |
| Brunei (%) | 1.6 2022 | yearly | 2010 - 2022 |
| Bulgaria (%) | 28.8 Dec 2023 | quarterly | Mar 2003 - Dec 2023 |
| Cambodia (%) | 18.3 2022 | yearly | 2013 - 2022 |
| Canada (%) | 12.1 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Chile (%) | 19.4 2023 | yearly | 1990 - 2023 |
| China (%) | 12.1 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Colombia (%) | 13.1 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Croatia (%) | 26.2 Dec 2019 | quarterly | Mar 2015 - Dec 2019 |
| Cyprus (%) | 28.8 Sep 2023 | quarterly | Mar 1995 - Sep 2023 |
| Czech Republic (%) | 19.8 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Denmark (%) | 42.5 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Ecuador (%) | 10.4 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Egypt (%) | 5.5 2023 | yearly | 2005 - 2023 |
| Estonia (%) | 22.9 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| European Union (%) | 26.7 2022 | yearly | 1995 - 2022 |
| Finland (%) | 30.8 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| France (%) | 17.1 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| Georgia (%) | 23.9 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| Germany (%) | 23.7 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| Ghana (%) | 13.9 Jun 2022 | quarterly | Mar 2008 - Jun 2022 |
| Greece (%) | 26.7 Sep 2023 | quarterly | Mar 1999 - Sep 2023 |
| Hong Kong SAR, China (%) | 19.1 Dec 2023 | quarterly | Sep 1979 - Dec 2023 |
| Hungary (%) | 23.6 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Iceland (%) | 40.0 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| India (%) | 7.5 Dec 2023 | quarterly | Jun 1997 - Dec 2023 |
| Indonesia (%) | 10.8 Dec 2023 | quarterly | Mar 2014 - Dec 2023 |
| Iran (%) | 5.1 2020 | yearly | 1996 - 2020 |
| Ireland (%) | 16.8 Sep 2023 | quarterly | Mar 2000 - Sep 2023 |
| Israel (%) | 19.7 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Italy (%) | 28.1 Sep 2023 | quarterly | Mar 1999 - Sep 2023 |
| Ivory Coast (%) | 13.0 2023 | yearly | 1960 - 2023 |
| Japan (%) | 12.5 Dec 2023 | quarterly | Jun 1983 - Dec 2023 |
| Jordan (%) | 15.2 2018 | yearly | 1999 - 2018 |
| Kazakhstan (%) | 18.2 Sep 2023 | quarterly | Mar 2008 - Sep 2023 |
| Kenya (%) | 7.1 2022 | yearly | 2006 - 2022 |
| South Korea (%) | 22.7 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Kosovo (%) | 24.9 Sep 2023 | quarterly | Mar 2010 - Sep 2023 |
| Kuwait (%) | 1.0 2022 | yearly | 1986 - 2022 |
| Kyrgyzstan (%) | 21.5 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
| Laos (%) | 11.3 2022 | yearly | 2012 - 2022 |
| Latvia (%) | 22.4 Jun 2023 | quarterly | Mar 1999 - Jun 2023 |
| Lebanon (%) | 10.9 2020 | yearly | 1998 - 2020 |
| Lithuania (%) | 22.5 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Luxembourg (%) | 27.2 2022 | yearly | 1995 - 2022 |
| Macau SAR, China (%) | 17.1 2022 | yearly | 2002 - 2022 |
| North Macedonia (%) | 20.0 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| Malawi (%) | 11.4 2021 | yearly | 2009 - 2021 |
| Malaysia (%) | 12.3 Sep 2023 | quarterly | Mar 1991 - Sep 2023 |
| Malta (%) | 21.7 Sep 2023 | quarterly | Mar 2000 - Sep 2023 |
| Mauritius (%) | 21.9 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
| Mexico (%) | 14.0 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Moldova (%) | 21.1 2023 | yearly | 2004 - 2023 |
| Mongolia (%) | 19.8 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Montenegro (%) | 22.8 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| Morocco (%) | 22.5 Jun 2022 | quarterly | Mar 2007 - Jun 2022 |
| Mozambique (%) | 18.2 2016 | yearly | 1996 - 2016 |
| Myanmar (%) | 4.4 2021 | yearly | 2005 - 2021 |
| Nepal (%) | 19.1 2018 | yearly | 2001 - 2018 |
| Netherlands (%) | 26.9 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| New Zealand (%) | 31.5 2023 | yearly | 1999 - 2023 |
| Norway (%) | 32.6 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Oman (%) | 3.8 2021 | yearly | 1996 - 2021 |
| Pakistan (%) | 5.8 2023 | yearly | 2000 - 2023 |
| Palestinian Territory (%) | 21.4 2020 | yearly | 2005 - 2020 |
| Panama (%) | 9.6 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
| Paraguay (%) | 9.6 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
| Peru (%) | 13.6 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
| Philippines (%) | 12.6 Dec 2023 | quarterly | Mar 1985 - Dec 2023 |
| Poland (%) | 15.6 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
| Portugal (%) | 22.3 Jun 2023 | quarterly | Mar 1999 - Jun 2023 |
| Russia (%) | 21.7 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Serbia (%) | 41.7 Jun 2023 | quarterly | Mar 2005 - Jun 2023 |
| Singapore (%) | 10.1 Dec 2023 | quarterly | Dec 1987 - Dec 2023 |
| Slovakia (%) | 15.6 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
| Slovenia (%) | 20.9 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| South Africa (%) | 23.7 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
| Spain (%) | 24.6 2022 | yearly | 1995 - 2022 |
| Sri Lanka (%) | 10.6 Sep 2023 | quarterly | Mar 2014 - Sep 2023 |
| Sudan (%) | 5.6 2021 | yearly | 2001 - 2021 |
| Sweden (%) | 21.9 2022 | yearly | 1995 - 2022 |
| Switzerland (%) | 27.5 2021 | yearly | 1990 - 2021 |
| Taiwan (%) | 10.3 Dec 2023 | quarterly | Mar 1975 - Dec 2023 |
| Tajikistan (%) | 20.5 2016 | yearly | 2000 - 2016 |
| Thailand (%) | 13.4 2022 | yearly | 1990 - 2022 |
| Tunisia (%) | 24.6 2022 | yearly | 1991 - 2022 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | 11.7 2022 | yearly | 1988 - 2022 |
| Consolidated Fiscal Balance (USD mn) | 20,955.438 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 | 1986 - 2022 |
| National Government Debt (USD mn) | 682.8 Jan 2024 | monthly | Dec 1993 - Jan 2024 |
| 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) | -1,092.520 Jan 2024 | monthly | Apr 2018 - Jan 2024 |
| Government Revenue: ytd: Non Oil: Tax and Fees (KWD mn) | 347.935 Jan 2024 | monthly | Apr 2018 - Jan 2024 |
| Government Revenue: ytd (KWD mn) | 17,803.518 Jan 2024 | monthly | Apr 2018 - Jan 2024 |
| Government Expenditure: ytd: Current (KWD mn) | 18,074.618 Jan 2024 | monthly | Apr 2018 - Jan 2024 |
| Government Expenditure: ytd (KWD mn) | 18,896.039 Jan 2024 | monthly | Apr 2018 - Jan 2024 |
| Government Expenditure: ytd: Purchases of Non Financial Assets (KWD mn) | 821.421 Jan 2024 | monthly | Apr 2018 - Jan 2024 |
| Government Revenue: ytd: Non Oil (KWD mn) | 1,452.022 Jan 2024 | monthly | Apr 2018 - Jan 2024 |
| 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 Revenue (KWD mn) | 13,633.900 2016 | yearly | 1987 - 2016 |
| Government Revenue: Tax (KWD mn) | 486.000 2016 | yearly | 1987 - 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) | 4.443 Dec 2023 | monthly | Jan 1973 - Dec 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: 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: Financial Derivatives: Assets (KWD mn) | -36.000 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: Portfolio Investment: Assets (KWD mn) | -1,260.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: OT: Assets (KWD mn) | -2,795.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Portfolio Investment: Liabilities (KWD mn) | 10.000 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: 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: 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: Financial Derivatives: Liabilities (KWD mn) | 40.000 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) | 34,098.521 Jan 2024 | monthly | Jan 1994 - Jan 2024 |
| Money Supply M2 (USD mn) | 126,586.246 Jan 2024 | monthly | Jan 1994 - Jan 2024 |
| M2 Growth (%) | -0.6 Jan 2024 | monthly | Jan 1995 - Jan 2024 |
| Foreign Exchange Reserves (USD mn) | 41,142.5 Jan 2024 | monthly | Jan 1964 - Jan 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 25.497 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 13.6 Dec 2023 | quarterly | Mar 1973 - Dec 2023 |
| Gold Reserves (USD mn) | 103.073 Jan 2024 | monthly | Dec 1961 - Jan 2024 |
| 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) | 128,049.4 Jan 2024 | monthly | Jan 1994 - Jan 2024 |
| Domestic Credit Growth (%) | 0.2 Jan 2024 | monthly | Jan 1995 - Jan 2024 |
| Household Debt (USD mn) | 2,157.4 Jan 2024 | monthly | Jan 2002 - Jan 2024 |
| Total Loans (USD mn) | 175,098.033 Jan 2024 | monthly | Jan 1994 - Jan 2024 |
| Total Loans Growth (%) | 2.65 Jan 2024 | monthly | Jan 1995 - Jan 2024 |
| Private Debt: % of Nominal GDP (%) | 100.05 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
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