Kuwait Motor Vehicles Sales Growth
2006 - 2022 | Yearly | % | CEIC Data
Key information about Kuwait Motor Vehicles Sales Growth
- Kuwait Motor Vehicles Sales grew 9.9 % in Dec 2022, compared with a growth of 17.4 % in the previous year.
- Kuwait Motor Vehicles Sales Growth rate is updated yearly, available from Dec 2006 to Dec 2022, with an average growth rate of 5.0 %.
- The data reached an all-time high of 22.3 % in Dec 2012 and a record low of -24.9 % in Dec 2016.
- Car Sales of Kuwait recorded 110,118.0 units in Dec 2022.
CEIC calculates annual Motor Vehicles Sales Growth from semiannual Motor Vehicles Sales. The International Organization of Motor Vehicle Manufacturers provides year-to-date Motor Vehicles Sales.
View Kuwait's Motor Vehicles Sales Growth from 2006 to 2022 in the chart:
What was Kuwait's Motor Vehicles Sales Growth in 2022?
Kuwait Motor Vehicles Sales grew 9.9 % in Dec 2022, compared with a growth of 17.4 % in the previous year. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 9.9 2022 | 17.4 2021 | -24.9 2016 | 22.3 2012 | % | yearly | 2006 - 2022 |
Motor Vehicles Sales Growth by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 38.9 2019 | yearly | 2006 - 2019 |
| Algeria (%) | -1.8 2019 | yearly | 2006 - 2019 |
| Argentina (%) | -20.8 Mar 2024 | monthly | Jan 1997 - Mar 2024 |
| Armenia (%) | -32.8 2019 | yearly | 2006 - 2019 |
| Australia (%) | 12.7 Mar 2024 | monthly | Jan 1995 - Mar 2024 |
| Austria (%) | -20.1 2022 | yearly | 2006 - 2022 |
| Azerbaijan (%) | 67.5 2019 | yearly | 2006 - 2019 |
| Bahrain (%) | -16.0 2019 | yearly | 2006 - 2019 |
| Bangladesh (%) | 5.4 2019 | yearly | 2006 - 2019 |
| Belarus (%) | 20.9 2019 | yearly | 2006 - 2019 |
| Belgium (%) | -6.9 2022 | yearly | 2006 - 2022 |
| Bolivia (%) | -12.1 2019 | yearly | 2006 - 2019 |
| Bosnia and Herzegovina (%) | -52.5 2019 | yearly | 2006 - 2019 |
| Botswana (%) | -87.1 2019 | yearly | 2006 - 2019 |
| Brazil (%) | -5.6 Mar 2024 | monthly | Jan 2003 - Mar 2024 |
| Brunei (%) | 20.1 Nov 2020 | monthly | Jan 2011 - Nov 2020 |
| Bulgaria (%) | 8.8 2022 | yearly | 2006 - 2022 |
| Cambodia (%) | 12.6 2019 | yearly | 2006 - 2019 |
| Canada (%) | 13.1 Jan 2024 | monthly | Jan 1947 - Jan 2024 |
| Chile (%) | -36.9 Mar 2024 | monthly | Jan 2010 - Mar 2024 |
| China (%) | 9.9 Mar 2024 | monthly | Jan 2001 - Mar 2024 |
| Colombia (%) | -28.7 Jan 2024 | monthly | Jan 2004 - Jan 2024 |
| Croatia (%) | -5.5 2022 | yearly | 2006 - 2022 |
| Cyprus (%) | -3.9 2019 | yearly | 2006 - 2019 |
| Czech Republic (%) | 10.2 Dec 2020 | monthly | Jan 2012 - Dec 2020 |
| Denmark (%) | -18.4 2022 | yearly | 2006 - 2022 |
| Ecuador (%) | 14.9 2022 | yearly | 2006 - 2022 |
| Egypt (%) | -37.0 2022 | yearly | 2006 - 2022 |
| Estonia (%) | 18.6 2019 | yearly | 2006 - 2019 |
| Finland (%) | -16.2 2022 | yearly | 2006 - 2022 |
| France (%) | -9.9 2022 | yearly | 2006 - 2022 |
| Georgia (%) | -3.4 2019 | yearly | 2006 - 2019 |
| Germany (%) | -0.3 2022 | yearly | 2006 - 2022 |
| Ghana (%) | -19.4 2019 | yearly | 2006 - 2019 |
| Greece (%) | 3.1 2022 | yearly | 2006 - 2022 |
| Hong Kong SAR, China (%) | -12.8 2019 | yearly | 2006 - 2019 |
| Hungary (%) | -9.9 2022 | yearly | 2006 - 2022 |
| Iceland (%) | -34.2 2019 | yearly | 2006 - 2019 |
| India (%) | 2.8 Mar 2022 | monthly | May 2002 - Mar 2022 |
| Indonesia (%) | -18.8 Feb 2024 | monthly | Jan 1990 - Feb 2024 |
| Iran (%) | -31.7 2019 | yearly | 2006 - 2019 |
| Ireland (%) | -3.5 2022 | yearly | 2006 - 2022 |
| Israel (%) | -7.5 2022 | yearly | 2006 - 2022 |
| Italy (%) | -9.8 2022 | yearly | 2006 - 2022 |
| Ivory Coast (%) | 15.8 2019 | yearly | 2006 - 2019 |
| Japan (%) | -21.1 Mar 2024 | monthly | Jan 1992 - Mar 2024 |
| Jordan (%) | 3.6 2019 | yearly | 2006 - 2019 |
| Kazakhstan (%) | -10.6 2022 | yearly | 2006 - 2022 |
| Kenya (%) | -23.9 2019 | yearly | 2006 - 2019 |
| South Korea (%) | -11.6 Mar 2024 | monthly | Jan 1995 - Mar 2024 |
| Kuwait (%) | 9.9 2022 | yearly | 2006 - 2022 |
| Kyrgyzstan (%) | -35.8 2019 | yearly | 2006 - 2019 |
| Laos (%) | 16.8 2019 | yearly | 2006 - 2019 |
| Latvia (%) | 0.8 2019 | yearly | 2006 - 2019 |
| Lebanon (%) | -33.8 2019 | yearly | 2006 - 2019 |
| Lithuania (%) | 30.7 2019 | yearly | 2006 - 2019 |
| Luxembourg (%) | 4.4 2019 | yearly | 2006 - 2019 |
| North Macedonia (%) | 5.9 2019 | yearly | 2006 - 2019 |
| Malawi (%) | 1.6 2019 | yearly | 2006 - 2019 |
| Malaysia (%) | -1.1 Feb 2024 | monthly | Jul 1995 - Feb 2024 |
| Malta (%) | -6.1 2019 | yearly | 2006 - 2019 |
| Mauritius (%) | 3.0 2019 | yearly | 2006 - 2019 |
| Mexico (%) | 4.4 Mar 2024 | monthly | Jan 1996 - Mar 2024 |
| Moldova (%) | 7.7 2019 | yearly | 2006 - 2019 |
| Mongolia (%) | -41.0 2019 | yearly | 2006 - 2019 |
| Morocco (%) | -8.0 2022 | yearly | 2006 - 2022 |
| Myanmar (%) | 43.8 2019 | yearly | 2006 - 2019 |
| Nepal (%) | 3.5 2019 | yearly | 2006 - 2019 |
| Netherlands (%) | -4.1 2022 | yearly | 2006 - 2022 |
| New Zealand (%) | -9.5 2023 | yearly | 1976 - 2023 |
| Nigeria (%) | -42.4 2019 | yearly | 2006 - 2019 |
| Norway (%) | -3.4 2022 | yearly | 2006 - 2022 |
| Oman (%) | -0.2 2019 | yearly | 2006 - 2019 |
| Pakistan (%) | 44.5 Feb 2024 | monthly | Jul 2006 - Feb 2024 |
| Palestinian Territory (%) | -25.3 2019 | yearly | 2006 - 2019 |
| Panama (%) | 16.4 Jan 2024 | monthly | Jan 2006 - Jan 2024 |
| Paraguay (%) | -15.0 2019 | yearly | 2006 - 2019 |
| Peru (%) | 6.0 2022 | yearly | 2006 - 2022 |
| Philippines (%) | 15.5 Jan 2024 | monthly | Jan 1997 - Jan 2024 |
| Poland (%) | -6.6 2022 | yearly | 2006 - 2022 |
| Portugal (%) | 26.7 Feb 2024 | monthly | Jan 2001 - Feb 2024 |
| Qatar (%) | 0.1 2019 | yearly | 2006 - 2019 |
| Romania (%) | 4.5 2022 | yearly | 2006 - 2022 |
| Russia (%) | 104.3 Mar 2024 | monthly | Jan 2009 - Mar 2024 |
| Saudi Arabia (%) | 10.8 2022 | yearly | 2006 - 2022 |
| Serbia (%) | 4.5 2019 | yearly | 2006 - 2019 |
| Singapore (%) | -7.4 Feb 2024 | monthly | Jan 2011 - Feb 2024 |
| Slovakia (%) | 3.1 2022 | yearly | 2006 - 2022 |
| Slovenia (%) | -14.9 2022 | yearly | 2006 - 2022 |
| South Africa (%) | -11.5 Mar 2024 | monthly | Jan 2004 - Mar 2024 |
| Spain (%) | -7.3 2022 | yearly | 2006 - 2022 |
| Sri Lanka (%) | -27.0 2019 | yearly | 2006 - 2019 |
| Sudan (%) | -13.8 2019 | yearly | 2006 - 2019 |
| Sweden (%) | -4.1 2022 | yearly | 2006 - 2022 |
| Switzerland (%) | -6.3 2022 | yearly | 2006 - 2022 |
| Syria (%) | 62.8 2019 | yearly | 2006 - 2019 |
| Taiwan (%) | -6.8 Mar 2024 | monthly | Jan 1998 - Mar 2024 |
| Tajikistan (%) | 0.8 2019 | yearly | 2006 - 2019 |
| Thailand (%) | -26.1 Feb 2024 | monthly | Dec 1992 - Feb 2024 |
| Tunisia (%) | -5.3 2019 | yearly | 2006 - 2019 |
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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 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 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 Revenue (KWD mn) | 13,633.900 2016 | yearly | 1987 - 2016 |
| Government Expenditure (KWD mn) | 18,245.900 2016 | yearly | 1989 - 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 |
| 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: FA: Other Investments (OT) (KWD mn) | -1,407.000 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: 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: Assets (KWD mn) | -1,260.000 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: 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: CA: 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: 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 |
| 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 |
More Indicators for Kuwait
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