Kuwait Consolidated Fiscal Balance
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:
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) | 191.889 Jan 2025 | monthly | Dec 1997 - Jan 2025 |
Algeria (USD mn) | -5,868.518 2022 | yearly | 1997 - 2022 |
Argentina (USD mn) | 575.618 Jan 2025 | monthly | Jan 1993 - Jan 2025 |
Armenia (USD mn) | -362.780 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
Australia (USD mn) | -20,262.041 Sep 2024 | quarterly | Sep 2002 - Sep 2024 |
Austria (USD mn) | -4,959.213 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
Azerbaijan (USD mn) | 1,006.941 Jan 2025 | monthly | Dec 2004 - Jan 2025 |
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) | -3,892.594 Dec 2024 | monthly | Jan 1997 - Dec 2024 |
Brunei (USD mn) | -1,794.468 2023 | yearly | 2003 - 2023 |
Bulgaria (%) | -3.032 Dec 2024 | quarterly | Sep 2003 - Dec 2024 |
Cambodia (USD mn) | -52.271 Jul 2024 | monthly | Jan 2007 - Jul 2024 |
Canada (USD mn) | -5,877.764 Nov 2024 | monthly | May 1992 - Nov 2024 |
Chile (USD mn) | -7,629.972 2023 | yearly | 1990 - 2023 |
China (USD mn) | -259,137.171 Dec 2024 | monthly | Jan 1995 - Dec 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) | -24.959 Nov 2024 | monthly | Jan 2014 - Nov 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) | -877.036 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) | -650,538.637 2023 | yearly | 1999 - 2023 |
Finland (USD mn) | -6,239.718 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
France (USD mn) | -51,217.773 Sep 2024 | quarterly | Mar 1957 - Sep 2024 |
Georgia (USD mn) | -388.760 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
Germany (USD mn) | -36,143.132 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
Ghana (USD mn) | -305.559 Jun 2024 | monthly | Jan 2008 - Jun 2024 |
Greece (USD mn) | 3,590.200 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
Hong Kong SAR, China (USD mn) | 6,273.793 Dec 2024 | monthly | Oct 1998 - Dec 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) | 7,943.523 Dec 2024 | monthly | Apr 1997 - Dec 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) | 17,481.759 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
Israel (USD mn) | 6,408.092 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
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) | -116.653 Jan 2025 | monthly | Nov 2007 - Jan 2025 |
Kenya (%) | -2.047 Sep 2024 | quarterly | Dec 2009 - Sep 2024 |
South Korea (USD mn) | 1,637.253 Nov 2024 | monthly | Jul 1999 - Nov 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) | -764.028 2024 | yearly | 2009 - 2024 |
Malawi (USD mn) | -97.698 Nov 2024 | monthly | Oct 2005 - Nov 2024 |
Malaysia (USD mn) | -23,593.390 2023 | yearly | 1970 - 2023 |
Malta (USD mn) | 31.881 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
Mauritius (%) | -6.322 Mar 2024 | quarterly | Dec 2010 - Mar 2024 |
Mexico (USD mn) | -30,528.748 Dec 2024 | monthly | Jan 1977 - Dec 2024 |
Moldova (USD mn) | -857.246 2023 | yearly | 1998 - 2023 |
Mongolia (USD mn) | -628.684 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Montenegro (USD mn) | -240.284 Dec 2024 | monthly | Jan 2012 - Dec 2024 |
Morocco (USD mn) | -389.157 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
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) | -271.398 Dec 2024 | quarterly | Mar 2017 - Dec 2024 |
Netherlands (USD mn) | 5,295.575 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
New Zealand (USD mn) | -151.235 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
Nigeria (USD mn) | -2,078.997 Sep 2024 | quarterly | Mar 2005 - Sep 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) | 19.762 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
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) | 247.253 Dec 2024 | quarterly | Mar 2011 - Dec 2024 |
Romania (%) | -7.513 Sep 2024 | quarterly | Dec 2004 - Sep 2024 |
Russia (USD mn) | -5,945.833 Nov 2024 | monthly | Jan 1993 - Nov 2024 |
Saudi Arabia (USD mn) | -30,833.284 2024 | yearly | 1969 - 2024 |
Serbia (USD mn) | -1,195.190 Dec 2024 | monthly | Jan 2005 - Dec 2024 |
Singapore (USD mn) | -8,876.703 Dec 2024 | monthly | Apr 2011 - Dec 2024 |
Slovakia (USD mn) | -167.767 Jan 2025 | monthly | Jan 2005 - Jan 2025 |
Slovenia (USD mn) | -484.147 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
South Africa (USD mn) | 1,173.771 Dec 2024 | monthly | Jan 1990 - Dec 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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Learn more about what we doKuwait 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) | 162.3 Dec 2024 | monthly | Dec 1993 - Dec 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 Dec 2024 | monthly | Dec 1993 - Dec 2024 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 2.994 2028 | yearly | 1980 - 2028 |
Trade Balance (USD mn) | 2,621.1 Nov 2024 | monthly | Jan 1993 - Nov 2024 |
Total Exports (USD mn) | 5,957.1 Nov 2024 | monthly | Jan 1993 - Nov 2024 |
Total Exports Growth (%) | -18.3 Nov 2024 | monthly | Jan 1994 - Nov 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) | 3,336.0 Nov 2024 | monthly | Jan 1992 - Nov 2024 |
Total Imports Growth (%) | 14.5 Nov 2024 | monthly | Jan 1993 - Nov 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) | 6.127 Oct 2024 | monthly | Sep 1991 - Oct 2024 |
Total Imports from USA (USD mn) | 307.030 Nov 2024 | monthly | Jan 2017 - Nov 2024 |
Total Exports to China (USD mn) | 56.101 Nov 2024 | monthly | Jan 2017 - Nov 2024 |
Total Imports from China (USD mn) | 715.944 Nov 2024 | monthly | Jan 2017 - Nov 2024 |
Trade Balance: Quarterly (KWD mn) | 2,789.603 Dec 2018 | quarterly | Mar 1973 - Dec 2018 |
Exports: FOB: Growth Rate: YoY (%) | -18.295 Nov 2024 | monthly | Apr 2020 - Nov 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: OT: Liabilities (KWD mn) | 1,389.000 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: 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: CA: Secondary Income: Credit (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: 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: 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 (%) | 0.9 Sep 2024 | quarterly | Dec 2010 - Sep 2024 |
Money Supply M1 (USD mn) | 33,798.767 Dec 2024 | monthly | Jan 1994 - Dec 2024 |
Money Supply M2 (USD mn) | 131,886.076 Dec 2024 | monthly | Jan 1994 - Dec 2024 |
M2 Growth (%) | 4.3 Dec 2024 | monthly | Jan 1995 - Dec 2024 |
Foreign Exchange Reserves (USD mn) | 39,257.5 Dec 2024 | monthly | Jan 1964 - Dec 2024 |
Foreign Exchange Reserves: % of GDP (%) | 25.562 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 13.3 Sep 2024 | quarterly | Mar 1973 - Sep 2024 |
Gold Reserves (USD mn) | 102.889 Dec 2024 | monthly | Dec 1961 - Dec 2024 |
Total Deposits (USD mn) | 176,710.462 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
Total Deposits Growth (%) | 3.4 Jan 2025 | monthly | Jan 1995 - Jan 2025 |
Domestic Credit (USD mn) | 132,952.6 Dec 2024 | monthly | Jan 1994 - Dec 2024 |
Domestic Credit Growth (%) | 4.7 Dec 2024 | monthly | Jan 1995 - Dec 2024 |
Household Debt (USD mn) | 1,495.3 Dec 2024 | monthly | Jan 2002 - Dec 2024 |
Total Loans (USD mn) | 185,576.112 Dec 2024 | monthly | Jan 1994 - Dec 2024 |
Total Loans Growth (%) | 6.76 Dec 2024 | monthly | Jan 1995 - Dec 2024 |
Private Debt: % of Nominal GDP (%) | 104.60 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
Monetary Survey: CBK and Local Banks: Money Supply M2: M1 (KWD mn) | 10,413.400 Dec 2024 | monthly | Jan 1994 - Dec 2024 |
Money Supply: M3: M2: M1: Currency in Circulation (KWD mn) | 1,640.600 Dec 2024 | monthly | Jan 1994 - Dec 2024 |
Money Supply: M3 (KWD mn) | 40,634.100 Dec 2024 | monthly | Jan 1994 - Dec 2024 |
Monetary Survey: CBK and Local Banks: Money Supply M2 (KWD mn) | 40,634.100 Dec 2024 | monthly | Jan 1994 - Dec 2024 |
Local Banks Time Deposits (KWD mn) | 66,849.000 Dec 2024 | monthly | Jan 1994 - Dec 2024 |
More Indicators for Kuwait
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