Kuwait Household Debt: % of GDP

Key information about Kuwait Household Debt: % of GDP

• Kuwait household debt accounted for 0.5 % of the country's Nominal GDP in Sep 2023, compared with the ratio of 0.6 % in the previous quarter.
• Kuwait household debt to GDP ratio is updated quarterly, available from Dec 2010 to Sep 2023.
• The data reached an all-time high of 2.1 % in Dec 2018 and a record low of 0.3 % in Jun 2020.

• In the latest reports, Kuwait Household Debt reached 2.2 USD bn in Jan 2024.
• Money Supply M2 in Kuwait dropped 0.6 % YoY in Jan 2024.
• Kuwait Foreign Exchange Reserves was measured at 42.4 USD bn in Dec 2023.
• The Foreign Exchange Reserves equaled 13.6 Months of Import in Dec 2023.
• Kuwait Domestic Credit reached 128.0 USD bn in Jan 2024, representing an increased of 0.2 % YoY.
• The country's Non Performing Loans Ratio stood at 1.7 % in Sep 2023, compared with the ratio of 1.6 % in the previous quarter.

View Kuwait's Household Debt: % of GDP from Dec 2010 to Sep 2023 in the chart:

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What was Kuwait's Household Debt: % of GDP in Sep 2023?

Kuwait household debt accounted for 0.5 % of the country's Nominal GDP in Sep 2023, compared with the ratio of 0.6 % in the previous quarter. See the table below for more data.

Household Debt: % of GDP by Country Comparison

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