Kuwait Forecast: Government Expenditure
1985 - 2028 | Yearly | KWD bn | International Monetary Fund
Key information about Kuwait Forecast: Government Expenditure
- Kuwait Government Expenditure is forecasted to be 25.720 KWD bn in Dec 2024 as reported by International Monetary Fund.
- It records an increase from the last reported number of 25.226 KWD bn in Dec 2023.
- Looking ahead, Kuwait Government Expenditure is projected to stand at 28.396 KWD bn in Dec 2028.
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: General Government Total Expenditure.
View Kuwait's Forecast: Government Expenditure from 1985 to 2028 in the chart:
What is Kuwait's Forecast: Government Expenditure in 2028?
Kuwait Government Expenditure is forecasted to be 25.720 KWD bn in Dec 2024 as reported by International Monetary Fund. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 28.396 2028 | 27.600 2027 | 2.695 1987 | 28.396 2028 | KWD bn | yearly | 1985 - 2028 |
Forecast: Government Expenditure by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (AFA bn) | 206.834 2022 | yearly | 2002 - 2022 |
| Albania (ALL bn) | 1,003.860 2028 | yearly | 1997 - 2028 |
| Algeria (DZD bn) | 16,122.290 2028 | yearly | 1990 - 2028 |
| Andorra (%) | 36.271 2028 | yearly | 2001 - 2028 |
| Angola (AOA bn) | 25,453.760 2028 | yearly | 1996 - 2028 |
| Antigua and Barbuda (XCD bn) | 1.537 2028 | yearly | 1990 - 2028 |
| Argentina (ARS bn) | 553,829.690 2028 | yearly | 1993 - 2028 |
| Armenia (AMD bn) | 4,073.820 2028 | yearly | 2005 - 2028 |
| Aruba (%) | 21.292 2028 | yearly | 1995 - 2028 |
| Australia (AUD bn) | 1,204.174 2029 | yearly | 1988 - 2029 |
| Austria (EUR bn) | 295.369 2028 | yearly | 1988 - 2028 |
| Azerbaijan (AZN bn) | 46.691 2028 | yearly | 1994 - 2028 |
| Bahamas (BSD bn) | 3.946 2028 | yearly | 1990 - 2028 |
| Bahrain (BHD bn) | 5.581 2029 | yearly | 1990 - 2029 |
| Bangladesh (BDT bn) | 7,011.275 2024 | yearly | 1980 - 2024 |
| Barbados (BBD bn) | 4.855 2029 | yearly | 1995 - 2029 |
| Belarus (BYN bn) | 101.428 2028 | yearly | 2001 - 2028 |
| Belgium (EUR bn) | 386.316 2028 | yearly | 1980 - 2028 |
| Belize (BZD bn) | 1.799 2028 | yearly | 1996 - 2028 |
| Benin (XOF bn) | 3,524.550 2028 | yearly | 1989 - 2028 |
| Bhutan (BTN bn) | 116.449 2028 | yearly | 1981 - 2028 |
| Bolivia (BOB bn) | 130.717 2028 | yearly | 1984 - 2028 |
| Bosnia and Herzegovina (BAM bn) | 26.003 2028 | yearly | 1998 - 2028 |
| Botswana (BWP bn) | 115.893 2029 | yearly | 1981 - 2029 |
| Brazil (BRL bn) | 6,554.330 2028 | yearly | 2001 - 2028 |
| Brunei (BND bn) | 6.082 2028 | yearly | 1980 - 2028 |
| Bulgaria (BGN bn) | 97.178 2029 | yearly | 1998 - 2029 |
| Burkina Faso (XOF bn) | 4,719.590 2028 | yearly | 1985 - 2028 |
| Burundi (BIF bn) | 6,350.970 2028 | yearly | 1990 - 2028 |
| Cambodia (KHR bn) | 53,931.190 2028 | yearly | 1996 - 2028 |
| Cameroon (XAF bn) | 7,615.678 2029 | yearly | 2000 - 2029 |
| Canada (CAD bn) | 1,516.003 2029 | yearly | 1980 - 2029 |
| Cape Verde (CVE bn) | 95.916 2028 | yearly | 1994 - 2028 |
| Central African Republic (XAF bn) | 401.735 2028 | yearly | 1988 - 2028 |
| Chad (XAF bn) | 1,610.710 2028 | yearly | 1995 - 2028 |
| Chile (CLP bn) | 94,645.820 2028 | yearly | 1990 - 2028 |
| China (RMB bn) | 60,775.948 2029 | yearly | 1982 - 2029 |
| Colombia (COP bn) | 710,187.230 2028 | yearly | 1982 - 2028 |
| Comoros (KMF bn) | 148.616 2028 | yearly | 1984 - 2028 |
| Congo (XAF bn) | 2,363.800 2029 | yearly | 1989 - 2029 |
| Costa Rica (CRC bn) | 11,760.186 2029 | yearly | 1990 - 2029 |
| Croatia (EUR bn) | 43.076 2028 | yearly | 1992 - 2028 |
| Cyprus (EUR bn) | 14.710 2028 | yearly | 1995 - 2028 |
| Czech Republic (CZK bn) | 4,115.800 2028 | yearly | 1995 - 2028 |
| Democratic Republic of Congo (CDF bn) | 56,266.032 2029 | yearly | 1996 - 2029 |
| Denmark (DKK bn) | 1,679.330 2028 | yearly | 1980 - 2028 |
| Djibouti (DJF bn) | 226.720 2028 | yearly | 1990 - 2028 |
| Dominica (XCD bn) | 1.070 2028 | yearly | 1990 - 2028 |
| Dominican Republic (DOP bn) | 1,795.320 2028 | yearly | 1997 - 2028 |
| Ecuador (USD bn) | 49.173 2028 | yearly | 1995 - 2028 |
| Egypt (EGP bn) | 7,851.790 2028 | yearly | 1999 - 2028 |
| El Salvador (SVC bn) | 12.864 2028 | yearly | 1990 - 2028 |
| Equatorial Guinea (XAF bn) | 1,407.840 2028 | yearly | 1980 - 2028 |
| Eritrea (ERN bn) | 9.338 2019 | yearly | 1992 - 2019 |
| Estonia (EUR bn) | 22.310 2029 | yearly | 1995 - 2029 |
| Swaziland (SZL bn) | 39.173 2030 | yearly | 1981 - 2030 |
| Ethiopia (ETB bn) | 2,997.770 2028 | yearly | 1980 - 2028 |
| Fiji (FJD bn) | 5.348 2028 | yearly | 1992 - 2028 |
| Finland (EUR bn) | 184.110 2029 | yearly | 1980 - 2029 |
| France (EUR bn) | 1,903.819 2029 | yearly | 1980 - 2029 |
| Gabon (XAF bn) | 3,095.810 2028 | yearly | 1990 - 2028 |
| Gambia (GMD bn) | 48.615 2028 | yearly | 2000 - 2028 |
| Georgia (GEL bn) | 40.461 2029 | yearly | 1995 - 2029 |
| Germany (EUR bn) | 2,399.226 2029 | yearly | 1991 - 2029 |
| Ghana (GHS bn) | 422.653 2029 | yearly | 1980 - 2029 |
| Greece (EUR bn) | 118.753 2028 | yearly | 1980 - 2028 |
| Grenada (XCD bn) | 1.293 2028 | yearly | 1990 - 2028 |
| Guatemala (GTQ bn) | 160.532 2028 | yearly | 1995 - 2028 |
| Guinea (GNF bn) | 65,837.330 2028 | yearly | 1990 - 2028 |
| Guinea-Bissau (GWP bn) | 349.819 2028 | yearly | 1991 - 2028 |
| Guyana (GYD bn) | 905.157 2028 | yearly | 1997 - 2028 |
| Haiti (HTG bn) | 616.838 2029 | yearly | 1997 - 2029 |
| Honduras (HNL bn) | 331.467 2028 | yearly | 1990 - 2028 |
| Hong Kong SAR, China (HKD bn) | 899.376 2029 | yearly | 1982 - 2029 |
| Hungary (HUF bn) | 45,892.500 2028 | yearly | 1995 - 2028 |
| Iceland (ISK bn) | 2,549.568 2029 | yearly | 1980 - 2029 |
| India (INR bn) | 147,295.687 2030 | yearly | 1989 - 2030 |
| Indonesia (IDR bn) | 5,832,414.148 2029 | yearly | 1993 - 2029 |
| Iran (IRR bn) | 120,935,593.881 2030 | yearly | 1991 - 2030 |
| Iraq (IQD bn) | 179,493.930 2028 | yearly | 2004 - 2028 |
| Ireland (EUR bn) | 149.589 2028 | yearly | 1980 - 2028 |
| Israel (ILS bn) | 976.730 2028 | yearly | 2000 - 2028 |
| Italy (EUR bn) | 1,230.436 2029 | yearly | 1988 - 2029 |
| Ivory Coast (XOF bn) | 16,532.042 2029 | yearly | 1997 - 2029 |
| Jamaica (JMD bn) | 1,328.988 2030 | yearly | 1991 - 2030 |
| Japan (JPY bn) | 281,751.550 2029 | yearly | 1980 - 2029 |
| Jordan (JOD bn) | 14.366 2029 | yearly | 1985 - 2029 |
| Kazakhstan (KZT bn) | 41,918.930 2028 | yearly | 2002 - 2028 |
| Kenya (KES bn) | 5,655.330 2028 | yearly | 1982 - 2028 |
| Kiribati (AUD bn) | 0.502 2028 | yearly | 1990 - 2028 |
| South Korea (KRW bn) | 679,848.650 2028 | yearly | 1995 - 2028 |
| Kosovo (EUR bn) | 3.968 2028 | yearly | 2000 - 2028 |
| Kuwait (KWD bn) | 28.396 2028 | yearly | 1985 - 2028 |
| Kyrgyzstan (KGS bn) | 632.600 2028 | yearly | 1995 - 2028 |
| Laos (LAK bn) | 50,372.610 2022 | yearly | 2000 - 2022 |
| Latvia (EUR bn) | 21.865 2028 | yearly | 1998 - 2028 |
| Lebanon (LBP bn) | 61,857.670 2022 | yearly | 1990 - 2022 |
| Lesotho (LSL bn) | 31.496 2029 | yearly | 1983 - 2029 |
| Liberia (LRD bn) | 1.625 2029 | yearly | 2000 - 2029 |
| Libya (LYD bn) | 124.178 2029 | yearly | 1990 - 2029 |
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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) | 683.0 Feb 2024 | monthly | Dec 1993 - Feb 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) | 14.118 2029 | yearly | 1991 - 2029 |
| Forecast: Government Revenue (KWD bn) | 42.514 2029 | yearly | 1985 - 2029 |
| 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 Expenditure: Capital (KWD mn) | 226.000 2016 | yearly | 1989 - 2016 |
| Government Expenditure (KWD mn) | 18,245.900 2016 | yearly | 1989 - 2016 |
| Government Revenue (KWD mn) | 13,633.900 2016 | yearly | 1987 - 2016 |
| Government Revenue: Tax (KWD mn) | 486.000 2016 | yearly | 1987 - 2016 |
| Government Expenditure: Current (KWD mn) | 12,125.900 2016 | yearly | 1989 - 2016 |
| Public Debt (KWD mn) | 210.000 Feb 2024 | monthly | Dec 1993 - Feb 2024 |
| 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) | 3.989 Jan 2024 | monthly | Sep 1991 - Jan 2024 |
| 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) | 31.307 2029 | yearly | 1980 - 2029 |
| 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: Liabilities (KWD mn) | 1,389.000 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: Reserve Assets: Central Bank of Kuwait (CBK) (KWD mn) | 448.000 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: Primary Income: Debit (KWD mn) | 0.000 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: 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 (%) | 1.4 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
| Household Debt: % of GDP (%) | 1.0 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
| Money Supply M1 (USD mn) | 34,477.801 Feb 2024 | monthly | Jan 1994 - Feb 2024 |
| Money Supply M2 (USD mn) | 127,742.722 Feb 2024 | monthly | Jan 1994 - Feb 2024 |
| M2 Growth (%) | 0.2 Feb 2024 | monthly | Jan 1995 - Feb 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) | 103.106 Feb 2024 | monthly | Dec 1961 - Feb 2024 |
| Total Deposits (USD mn) | 159,614.897 Feb 2024 | monthly | Jan 1994 - Feb 2024 |
| Total Deposits Growth (%) | 3.7 Feb 2024 | monthly | Jan 1995 - Feb 2024 |
| Domestic Credit (USD mn) | 129,301.0 Feb 2024 | monthly | Jan 1994 - Feb 2024 |
| Domestic Credit Growth (%) | 2.4 Feb 2024 | monthly | Jan 1995 - Feb 2024 |
| Household Debt (USD mn) | 1,918.0 Feb 2024 | monthly | Jan 2002 - Feb 2024 |
| Total Loans (USD mn) | 176,845.991 Feb 2024 | monthly | Jan 1994 - Feb 2024 |
| Total Loans Growth (%) | 3.18 Feb 2024 | monthly | Jan 1995 - Feb 2024 |
| Private Debt: % of Nominal GDP (%) | 100.05 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
| Money Supply: M3: M2: M1: Currency in Circulation (KWD mn) | 1,647.800 Feb 2024 | monthly | Jan 1994 - Feb 2024 |
| Monetary Survey: CBK and Local Banks: Money Supply M2: M1 (KWD mn) | 10,600.200 Feb 2024 | monthly | Jan 1994 - Feb 2024 |
| Money Supply: M3 (KWD mn) | 39,274.500 Feb 2024 | monthly | Jan 1994 - Feb 2024 |
| Monetary Survey: CBK and Local Banks: Money Supply M2 (KWD mn) | 39,274.500 Feb 2024 | monthly | Jan 1994 - Feb 2024 |
| Local Banks Time Deposits (KWD mn) | 63,932.000 Feb 2024 | monthly | Jan 1994 - Feb 2024 |
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