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:
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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| 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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| 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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