Budget balance — all countries

Budget balance — Kuwait

Budget balance in Kuwait in 2031 — 28.7%. Ranked 1 in the world out of 188. Since 1985, the indicator has fallen by 0.6 pp.

2031 28.7% −0.2 pp vs 2030
World rank 1of 188
Period maximum 52.3%2000
Period minimum -144.5%1991

Trend over time

1985–2031 · % of GDP

Budget balance — Kuwait, 1985–2031-150-100-5005010019851990199520002005201020152020202520301985: 29.3%1986: 37.8%1987: 23.3%1988: 27.5%1989: 29.7%1990: -49.9%1991: -144.5%1992: -28%1993: -3.2%1994: 1.7%1995: 11.7%1996: 24.2%1997: 29.4%1998: 19.4%1999: 28%2000: 52.3%2001: 44.9%2002: 30.9%2003: 27%2004: 32.3%2005: 38.8%2006: 27.8%2007: 36.9%2008: 21.2%2009: 31.1%2010: 31.7%2011: 38.6%2012: 40.5%2013: 40.4%2014: 29.8%2015: 16.3%2016: 12.8%2017: 15.3%2018: 17.6%2019: 13%2020: 0.2%2021: 10%2022: 30%2023: 28.2%2024: 26%2025: 28.4%2026: 27.6%2027: 29.5%2028: 29.4%2029: 29.1%2030: 28.9%2031: 28.7%
Change over the period: −0.6 pp Annual average: -0.01 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Kuwait

Kuwait 28.7%
World computed -4.85%
Middle East & North Africa computed -1.74%
Western Asia computed -1.19%
High-income countries computed -4.26%
Budget balance — Kuwait, by year Kuwait All countries CSV XLSX
Year % Change, pp
2031 28.7 −0.2 pp
2030 28.9 −0.2 pp
2029 29.1 −0.3 pp
2028 29.4 −0.1 pp
2027 29.5 +1.9 pp
2026 27.6 −0.8 pp
2025 28.4 +2.4 pp
2024 26 −2.2 pp
2023 28.2 −1.8 pp
2022 30 +20 pp
2021 10 +9.8 pp
2020 0.2 −12.8 pp
2019 13 −4.6 pp
2018 17.6 +2.3 pp
2017 15.3 +2.5 pp
2016 12.8 −3.5 pp
2015 16.3 −13.5 pp
2014 29.8 −10.6 pp
2013 40.4 −0.1 pp
2012 40.5 +1.9 pp
2011 38.6 +6.9 pp
2010 31.7 +0.6 pp
2009 31.1 +9.9 pp
2008 21.2 −15.7 pp
2007 36.9 +9.1 pp
2006 27.8 −11 pp
2005 38.8 +6.5 pp
2004 32.3 +5.3 pp
2003 27 −3.9 pp
2002 30.9 −14 pp
2001 44.9 −7.4 pp
2000 52.3 +24.3 pp
1999 28 +8.6 pp
1998 19.4 −10 pp
1997 29.4 +5.2 pp
1996 24.2 +12.5 pp
1995 11.7 +10 pp
1994 1.7 +4.9 pp
1993 -3.2 +24.8 pp
1992 -28 +116.5 pp
1991 -144.5 −94.6 pp
1990 -49.9 −79.6 pp
1989 29.7 +2.2 pp
1988 27.5 +4.2 pp
1987 23.3 −14.5 pp
1986 37.8 +8.5 pp
1985 29.3

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.