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Government debt — all countries

Government debt — Kuwait

Government debt in Kuwait in 2031 — 37.8%. Ranked 60 in the world out of 184. Since 1991, the indicator has fallen by 7.5 pp.

2031 37.8% +1.1 pp vs 2030
World rank 60of 184
Period maximum 45.3%1991
Period minimum 2.9%2024

Trend over time

1991–2031 · % of GDP

Government debt — Kuwait, 1991–20310204060199119951999200320072011201520192023202720311991: 45.3%1992: 27.9%1993: 28.8%1994: 37.7%1995: 34.9%1996: 26.5%1997: 24.3%1998: 25.6%1999: 25.5%2000: 21.4%2001: 23%2002: 21.3%2003: 17.2%2004: 13.9%2005: 10.2%2006: 7.8%2007: 7%2008: 5.4%2009: 6.7%2010: 6.2%2011: 4.6%2012: 3.6%2013: 3.1%2014: 3.4%2015: 4.6%2016: 9.9%2017: 19.6%2018: 14.3%2019: 10.5%2020: 10.2%2021: 7.2%2022: 3%2023: 3.1%2024: 2.9%2025: 14.6%2026: 22.3%2027: 27.5%2028: 32.1%2029: 34.9%2030: 36.7%2031: 37.8%
Change over the period: −7.5 pp Annual average: -0.19 pp

Comparison, 2031

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

Kuwait 37.8%
World computed 102.5%
Middle East & North Africa computed 53.8%
Western Asia computed 41.9%
High-income countries computed 108.6%
Government debt — Kuwait, by year Kuwait All countries CSV XLSX
Year % Change, pp
2031 37.8 +1.1 pp
2030 36.7 +1.8 pp
2029 34.9 +2.8 pp
2028 32.1 +4.6 pp
2027 27.5 +5.2 pp
2026 22.3 +7.7 pp
2025 14.6 +11.7 pp
2024 2.9 −0.2 pp
2023 3.1 +0.1 pp
2022 3 −4.2 pp
2021 7.2 −3 pp
2020 10.2 −0.3 pp
2019 10.5 −3.8 pp
2018 14.3 −5.3 pp
2017 19.6 +9.7 pp
2016 9.9 +5.3 pp
2015 4.6 +1.2 pp
2014 3.4 +0.3 pp
2013 3.1 −0.5 pp
2012 3.6 −1 pp
2011 4.6 −1.6 pp
2010 6.2 −0.5 pp
2009 6.7 +1.3 pp
2008 5.4 −1.6 pp
2007 7 −0.8 pp
2006 7.8 −2.4 pp
2005 10.2 −3.7 pp
2004 13.9 −3.3 pp
2003 17.2 −4.1 pp
2002 21.3 −1.7 pp
2001 23 +1.6 pp
2000 21.4 −4.1 pp
1999 25.5 −0.1 pp
1998 25.6 +1.3 pp
1997 24.3 −2.2 pp
1996 26.5 −8.4 pp
1995 34.9 −2.8 pp
1994 37.7 +8.9 pp
1993 28.8 +0.9 pp
1992 27.9 −17.4 pp
1991 45.3 —

Western Asia, 2031

The same indicator for neighboring countries — with links to their pages

AZ Azerbaijan 20.2 AE United Arab Emirates 26 TR Türkiye 27.5 OM Oman 29.1 CY Cyprus 32.1 GE Georgia 33 QA Qatar 35.5 KW Kuwait 37.8 SA Saudi Arabia 42.2 AM Armenia 46.7 IQ Iraq 70.6 IL Israel 73.2 JO Jordan 75.7 BH Bahrain 161.2
Full table for all countries

About the indicator

Gross general government debt as a percent of GDP from the IMF World Economic Outlook database: all liabilities that require future payments of interest and/or principal. It covers the central government, regional and local budgets and extrabudgetary funds where the data allow. The threshold of 60% of GDP is used in the EU Maastricht criteria as a benchmark of sustainability.

Important: The coverage of the government sector differs between countries; when levels are compared, it matters whether regional budgets are included.

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

Other indicators for Kuwait

Public Finance Budget balance

The budget deficit or surplus as a percent of GDP. A negative value means spending exceeds revenue.

Kuwait by year Public Finance Government revenue

How much the state collects in a year — all revenue except foreign grants.

Kuwait by year Public Finance Tax revenue (% of GDP)

Taxes collected as a percent of GDP — the fiscal capacity of the state.

Kuwait by year
All indicators for Kuwait