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) | 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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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) | 162.7 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 |
More Indicators for Kuwait
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