Kuwait Consolidated Fiscal Balance

1988 - 2023 | Yearly | USD mn | CEIC Data

Key information about Kuwait Consolidated Fiscal Balance

  • Kuwait Consolidated Fiscal Balance recorded a deficit equal to 5.078 USD bn in Dec 2023, compared with a surplus equal to 20.955 USD bn in the previous year.
  • Kuwait Consolidated Fiscal Balance data is updated yearly, available from Dec 1988 to Dec 2023, with an average ratio of 1.073 USD bn.
  • The data reached an all-time high of 47.966 USD bn in Dec 2011 and a record low of -35.254 USD bn in Dec 2020.

CEIC shifts year-end for annual Consolidated Fiscal Balance and converts it into USD. The Ministry of Finance - Kuwait provides Consolidated Fiscal Balance in local currency. Central Bank of Kuwait average market exchange rate is used for currency conversions. Consolidated Fiscal Balance is in annual frequency, ending in March of each year.

View Kuwait's Consolidated Fiscal Balance from 1988 to 2023 in the chart:

Kuwait Consolidated Fiscal Balance

What was Kuwait's Consolidated Fiscal Balance in 2023?

Kuwait Consolidated Fiscal Balance recorded a deficit equal to 5.078 USD bn in Dec 2023, compared with a surplus equal to 20.955 USD bn in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-5,077.511 2023 20,955.438 2022 -35,254.149 2020 47,966.237 2011 USD mn yearly 1988 - 2023

Consolidated Fiscal Balance by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 780.715 Nov 2024 monthly Dec 1997 - Nov 2024
Algeria (USD mn) -5,868.518 2022 yearly 1997 - 2022
Argentina (USD mn) 356.617 Nov 2024 monthly Jan 1993 - Nov 2024
Armenia (USD mn) -357.655 Oct 2024 monthly Jan 2008 - Oct 2024
Australia (USD mn) -20,262.041 Sep 2024 quarterly Sep 2002 - Sep 2024
Austria (USD mn) -4,733.947 Jun 2024 quarterly Mar 2001 - Jun 2024
Azerbaijan (USD mn) 1,775.353 Nov 2024 monthly Dec 2004 - Nov 2024
Bahrain (USD mn) -2,201.763 2023 yearly 1990 - 2023
Bangladesh (USD mn) -201.083 Sep 2024 monthly Jul 2008 - Sep 2024
Belarus (USD mn) 404.854 Sep 2021 quarterly Dec 2005 - Sep 2021
Belgium (USD mn) -28,081.402 2023 yearly 1970 - 2023
Bolivia (USD mn) -4,372.649 2023 yearly 1990 - 2023
Bosnia and Herzegovina (%) 2.755 Sep 2024 quarterly Dec 2008 - Sep 2024
Botswana (USD mn) -37.355 Jun 2023 monthly Apr 2007 - Jun 2023
Brazil (USD mn) -12,125.509 Nov 2024 monthly Jan 1997 - Nov 2024
Brunei (USD mn) -1,794.468 2023 yearly 2003 - 2023
Bulgaria (%) -3.834 Sep 2024 quarterly Sep 2003 - Sep 2024
Cambodia (USD mn) -52.271 Jul 2024 monthly Jan 2007 - Jul 2024
Canada (USD mn) -1,085.266 Oct 2024 monthly May 1992 - Oct 2024
Chile (USD mn) -7,629.972 2023 yearly 1990 - 2023
China (USD mn) -132,647.822 Nov 2024 monthly Jan 1995 - Nov 2024
Colombia (USD mn) -21,992.937 Mar 2024 quarterly Mar 1995 - Mar 2024
Croatia (USD mn) -963.223 Dec 2019 quarterly Mar 2015 - Dec 2019
Cyprus (USD mn) 3.379 Oct 2024 monthly Jan 2014 - Oct 2024
Czech Republic (USD mn) -1,500.246 Sep 2024 quarterly Mar 1999 - Sep 2024
Denmark (USD mn) 3,083.691 Sep 2024 quarterly Mar 1999 - Sep 2024
Ecuador (USD mn) -868.114 Sep 2024 quarterly Mar 2000 - Sep 2024
Egypt (USD mn) -11,348.296 Nov 2024 monthly Jan 2005 - Nov 2024
Estonia (USD mn) -37.473 Sep 2024 quarterly Mar 1999 - Sep 2024
European Union (USD mn) -649,147.924 2023 yearly 1999 - 2023
Finland (USD mn) -6,239.718 Sep 2024 quarterly Mar 1999 - Sep 2024
France (USD mn) -51,190.300 Sep 2024 quarterly Mar 1957 - Sep 2024
Georgia (USD mn) -57.471 Nov 2024 monthly Jan 2006 - Nov 2024
Germany (USD mn) -34,993.189 Sep 2024 quarterly Mar 1991 - Sep 2024
Ghana (USD mn) -305.529 Jun 2024 monthly Jan 2008 - Jun 2024
Greece (USD mn) 2,932.536 Jun 2024 quarterly Mar 1999 - Jun 2024
Hong Kong SAR, China (USD mn) 2,443.263 Nov 2024 monthly Oct 1998 - Nov 2024
Hungary (USD mn) -1,730.421 Sep 2024 quarterly Mar 1999 - Sep 2024
Iceland (USD mn) -269.054 Sep 2024 quarterly Mar 2002 - Sep 2024
India (USD mn) 11,356.225 Nov 2024 monthly Apr 1997 - Nov 2024
Indonesia (USD mn) -6,617.156 Dec 2024 monthly Jan 2014 - Dec 2024
Iran (USD mn) -13,054.478 Mar 2020 quarterly Jun 2005 - Mar 2020
Ireland (USD mn) 4,026.316 Jun 2024 quarterly Mar 2000 - Jun 2024
Israel (USD mn) -3,285.191 Nov 2024 monthly Jan 1999 - Nov 2024
Italy (USD mn) -13,670.674 Sep 2024 quarterly Mar 1999 - Sep 2024
Ivory Coast (USD mn) -4,144.453 2023 yearly 1960 - 2023
Japan (USD mn) -331,330.503 2023 yearly 1995 - 2023
Jordan (USD mn) 418.759 2018 yearly 1999 - 2018
Kazakhstan (USD mn) 3,107.694 Aug 2024 monthly Nov 2007 - Aug 2024
Kenya (%) -2.047 Sep 2024 quarterly Dec 2009 - Sep 2024
South Korea (USD mn) 16,459.563 Oct 2024 monthly Jul 1999 - Oct 2024
Kosovo (USD mn) 49.040 Oct 2023 monthly Jan 2006 - Oct 2023
Kuwait (USD mn) -5,077.511 2023 yearly 1988 - 2023
Kyrgyzstan (USD mn) 118.040 Nov 2024 monthly Jan 2007 - Nov 2024
Laos (USD mn) 96.753 2023 yearly 2010 - 2023
Latvia (USD mn) 330.230 Jun 2024 quarterly Mar 1999 - Jun 2024
Lebanon (USD mn) 405.307 Dec 2021 monthly Jan 1998 - Dec 2021
Lithuania (USD mn) -144.952 Sep 2024 quarterly Mar 1999 - Sep 2024
Luxembourg (%) -0.696 2023 yearly 1995 - 2023
Macau SAR, China (%) 7.297 Sep 2024 quarterly Dec 2003 - Sep 2024
North Macedonia (USD mn) -685.568 2023 yearly 2009 - 2023
Malawi (USD mn) -121.768 Oct 2024 monthly Oct 2005 - Oct 2024
Malaysia (USD mn) -23,593.390 2023 yearly 1970 - 2023
Malta (USD mn) 59.396 Jun 2024 quarterly Mar 1999 - Jun 2024
Mauritius (%) -6.322 Mar 2024 quarterly Dec 2010 - Mar 2024
Mexico (USD mn) -5,419.932 Nov 2024 monthly Jan 1977 - Nov 2024
Moldova (USD mn) -857.246 2023 yearly 1998 - 2023
Mongolia (USD mn) -44.052 Nov 2024 monthly Jan 2000 - Nov 2024
Montenegro (USD mn) -79.309 Nov 2024 monthly Jan 2012 - Nov 2024
Morocco (USD mn) -4,585.161 Nov 2024 monthly Jan 2000 - Nov 2024
Mozambique (USD mn) 388.757 Dec 2016 quarterly Mar 2002 - Dec 2016
Myanmar (USD mn) -5,489.382 2021 yearly 1980 - 2021
Nepal (USD mn) -741.821 Sep 2024 quarterly Mar 2017 - Sep 2024
Netherlands (USD mn) 5,295.575 Jun 2024 quarterly Mar 1999 - Jun 2024
New Zealand (USD mn) 5,246.112 Sep 2024 quarterly Mar 1999 - Sep 2024
Nigeria (USD mn) -3,274.101 Jun 2024 quarterly Mar 2005 - Jun 2024
Norway (USD mn) 14,124.789 Sep 2024 quarterly Mar 2002 - Sep 2024
Oman (USD mn) 114.434 Oct 2024 monthly Jun 2003 - Oct 2024
Pakistan (USD mn) -13,794.405 2024 yearly 1991 - 2024
Palestinian Territory (USD mn) -619.800 2020 yearly 2010 - 2020
Panama (USD mn) -2,462.500 2023 yearly 2003 - 2023
Paraguay (USD mn) -111.343 Nov 2024 monthly Jan 2003 - Nov 2024
Peru (USD mn) -4,505.626 Sep 2024 quarterly Mar 1990 - Sep 2024
Philippines (USD mn) -3,628.488 Nov 2024 monthly Jan 1985 - Nov 2024
Poland (USD mn) -42,804.298 2023 yearly 1995 - 2023
Portugal (USD mn) 4,773.494 Sep 2024 quarterly Mar 1995 - Sep 2024
Qatar (USD mn) 705.220 Jun 2024 quarterly Mar 2011 - Jun 2024
Romania (%) -7.516 Sep 2024 quarterly Dec 2004 - Sep 2024
Russia (USD mn) 4,265.595 Oct 2024 monthly Jan 1993 - Oct 2024
Saudi Arabia (USD mn) -30,666.667 2024 yearly 1969 - 2024
Serbia (USD mn) -581.849 Oct 2024 monthly Jan 2005 - Oct 2024
Singapore (USD mn) 4,178.323 Nov 2024 monthly Apr 2011 - Nov 2024
Slovakia (USD mn) -789.561 Oct 2024 monthly Jan 2005 - Oct 2024
Slovenia (USD mn) 65.839 Nov 2024 monthly Jan 2000 - Nov 2024
South Africa (USD mn) -248.859 Nov 2024 monthly Jan 1990 - Nov 2024
Spain (USD mn) 10,239.818 Sep 2024 quarterly Mar 1995 - Sep 2024
Sri Lanka (%) -5.559 Sep 2024 quarterly Dec 2014 - Sep 2024
Sudan (USD mn) -196.813 2021 yearly 2001 - 2021
Sweden (USD mn) -3,650.675 2023 yearly 1995 - 2023
Switzerland (USD mn) 4,837.034 2024 yearly 1990 - 2024

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Kuwait Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.1 2023 yearly 1988 - 2023
Consolidated Fiscal Balance (USD mn) -5,077.511 2023 yearly 1988 - 2023
Tax Revenue (USD mn) 128.142 Dec 2015 monthly Sep 2003 - Dec 2015
Tax Revenue: % of GDP (%) 1.1 2023 yearly 1986 - 2023
National Government Debt (USD mn) 162.7 Nov 2024 monthly Dec 1993 - Nov 2024
Government Debt: % of GDP (%) 0.3 Jun 2024 quarterly Dec 2010 - Jun 2024
Forecast: Government Expenditure (KWD bn) 27.335 2029 yearly 1985 - 2029
Forecast: Government Net Debt (KWD bn) 14.007 2029 yearly 1991 - 2029
Forecast: Government Revenue (KWD bn) 40.250 2029 yearly 1985 - 2029
Government Fiscal Balance: ytd (KWD mn) -1,561.505 Mar 2024 monthly Apr 2018 - Mar 2024
Government Revenue: ytd: Non Oil: Tax and Fees (KWD mn) 550.910 Mar 2024 monthly Apr 2018 - Mar 2024
Government Expenditure: ytd: Purchases of Non Financial Assets (KWD mn) 336.796 Sep 2024 monthly Apr 2018 - Sep 2024
Government Revenue: ytd: Non Oil (KWD mn) 2,116.770 Mar 2024 monthly Apr 2018 - Mar 2024
Government Revenue: ytd (KWD mn) 23,644.325 Mar 2024 monthly Apr 2018 - Mar 2024
Government Expenditure: ytd: Current (KWD mn) 9,630.195 Sep 2024 monthly Apr 2018 - Sep 2024
Government Expenditure: ytd (KWD mn) 9,966.991 Sep 2024 monthly Apr 2018 - Sep 2024
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
Government Expenditure: Capital (KWD mn) 226.000 2016 yearly 1989 - 2016
Government Surplus/Deficit (KWD mn) -1,561.505 2024 yearly 1989 - 2024
Public Debt (KWD mn) 50.000 Nov 2024 monthly Dec 1993 - Nov 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.994 2028 yearly 1980 - 2028
Trade Balance (USD mn) 2,745.4 Sep 2024 monthly Jan 1993 - Sep 2024
Total Exports (USD mn) 5,865.0 Sep 2024 monthly Jan 1993 - Sep 2024
Total Exports Growth (%) -24.3 Sep 2024 monthly Jan 1994 - Sep 2024
Aluminum: Exports (USD th) 56,120.447 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 280,728.170 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 13,928.974 2023 yearly 1995 - 2023
Total Imports (USD mn) 3,119.6 Sep 2024 monthly Jan 1992 - Sep 2024
Total Imports Growth (%) 10.2 Sep 2024 monthly Jan 1993 - Sep 2024
Imports: Medicament (USD th) 1,224,246.807 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 638,823.973 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 4.107 Sep 2024 monthly Sep 1991 - Sep 2024
Total Imports from USA (USD mn) 261.412 Sep 2024 monthly Jan 2017 - Sep 2024
Total Exports to China (USD mn) 72.137 Sep 2024 monthly Jan 2017 - Sep 2024
Total Imports from China (USD mn) 615.853 Sep 2024 monthly Jan 2017 - Sep 2024
Trade Balance: Quarterly (KWD mn) 2,789.603 Dec 2018 quarterly Mar 1973 - Dec 2018
Exports: FOB: Growth Rate: YoY (%) -24.316 Sep 2024 monthly Apr 2020 - Sep 2024
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
Export Value Index (2015=100) 116.639 2021 yearly 1980 - 2021
Import Value Index (2015=100) 102.988 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 3,461.4 Sep 2024 quarterly Mar 2012 - Sep 2024
Current Account Balance (USD mn) 12,143.8 Sep 2024 quarterly Mar 2012 - Sep 2024
Current Account Balance: % of GDP (%) 31.0 Sep 2024 quarterly Mar 2012 - Sep 2024
Foreign Direct Investment (USD mn) 253.8 Sep 2024 quarterly Mar 2012 - Sep 2024
Foreign Direct Investment: % of GDP (%) 0.6 Sep 2024 quarterly Mar 2012 - Sep 2024
Foreign Portfolio Investment (USD mn) 1.965 Sep 2024 quarterly Mar 2012 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) 0.0 Sep 2024 quarterly Mar 2012 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 300.6 Sep 2024 quarterly Mar 2012 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) -298.682 Sep 2024 quarterly Mar 2012 - Sep 2024
External Debt (USD mn) 62,095.2 Sep 2024 quarterly Mar 2018 - Sep 2024
External Debt: % of GDP (%) 39.4 2023 yearly 2014 - 2023
Forecast: Current Account Balance (USD bn) 25.453 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 113,840.261 2023 yearly 2001 - 2023
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: 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
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: CA: Debit (KWD mn) 0.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: Portfolio Investment: Liabilities (KWD mn) 10.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: 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: Other Investments (OT) (KWD mn) -1,407.000 Sep 2018 quarterly Mar 2012 - Sep 2018
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.7 Sep 2024 quarterly Mar 2011 - Sep 2024
Household Debt: % of GDP (%) 0.7 Jun 2024 quarterly Dec 2010 - Jun 2024
Money Supply M1 (USD mn) 34,183.889 Nov 2024 monthly Jan 1994 - Nov 2024
Money Supply M2 (USD mn) 132,490.155 Nov 2024 monthly Jan 1994 - Nov 2024
M2 Growth (%) 4.2 Nov 2024 monthly Jan 1995 - Nov 2024
Foreign Exchange Reserves (USD mn) 40,913.6 Oct 2024 monthly Jan 1964 - Oct 2024
Foreign Exchange Reserves: % of GDP (%) 25.562 Jun 2024 quarterly Dec 2010 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 14.3 Jun 2024 quarterly Mar 1973 - Jun 2024
Gold Reserves (USD mn) 103.173 Nov 2024 monthly Dec 1961 - Nov 2024
Total Deposits (USD mn) 174,743.694 Nov 2024 monthly Jan 1994 - Nov 2024
Total Deposits Growth (%) 2.1 Nov 2024 monthly Jan 1995 - Nov 2024
Domestic Credit (USD mn) 131,857.4 Nov 2024 monthly Jan 1994 - Nov 2024
Domestic Credit Growth (%) 2.4 Nov 2024 monthly Jan 1995 - Nov 2024
Household Debt (USD mn) 1,273.6 Nov 2024 monthly Jan 2002 - Nov 2024
Total Loans (USD mn) 185,903.662 Nov 2024 monthly Jan 1994 - Nov 2024
Total Loans Growth (%) 6.84 Nov 2024 monthly Jan 1995 - Nov 2024
Private Debt: % of Nominal GDP (%) 104.60 Jun 2024 quarterly Dec 2010 - Jun 2024
Money Supply: M3: M2: M1: Currency in Circulation (KWD mn) 1,591.600 Nov 2024 monthly Jan 1994 - Nov 2024
Money Supply: M3 (KWD mn) 40,707.600 Nov 2024 monthly Jan 1994 - Nov 2024
Monetary Survey: CBK and Local Banks: Money Supply M2: M1 (KWD mn) 10,503.000 Nov 2024 monthly Jan 1994 - Nov 2024
Monetary Survey: CBK and Local Banks: Money Supply M2 (KWD mn) 40,707.600 Nov 2024 monthly Jan 1994 - Nov 2024
Local Banks Time Deposits (KWD mn) 66,264.000 Nov 2024 monthly Jan 1994 - Nov 2024

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