Kuwait Consolidated Fiscal Balance: % of GDP

Key information about Kuwait Consolidated Fiscal Balance: % of GDP

• Kuwait Consolidated Fiscal Balance recorded a deficit equal to 3.1 % of its Nominal GDP in Dec 2023, compared with a surplus equal to 11.6 % in the previous year
• Kuwait Consolidated Fiscal Balance to GDP data is updated yearly, available from Dec 1988 to Dec 2023, with an average ratio of 3.6 %
• The data reached an all-time high of 29.1 % in Dec 2005 and a record low of -173.8 % in Dec 1991

CEIC calculates annual Consolidated Fiscal Balance as % of Nominal GDP from annual Consolidated Fiscal Balance and quarterly Nominal GDP. CEIC shifts year-end for Consolidated Fiscal Balance as % of Nominal GDP. The Ministry of Finance - Kuwait provides Consolidated Fiscal Balance in local currency. Central Statistical Bureau provides Nominal GDP in local currency. Consolidated Fiscal Balance is reported in annual frequency, ending in March of each year. Consolidated Fiscal Balance as % of Nominal GDP prior to 2010 is calculated from annual Nominal GDP.


Further information about Kuwait Consolidated Fiscal Balance: % of GDP

• In the latest reports, Kuwait National Government Debt reached 164.0 USD mn in Aug 2024
• Kuwait Nominal GDP reached 28.0 USD bn in Dec 2020

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

What was Kuwait's Consolidated Fiscal Balance: % of GDP in 2023?

Kuwait Consolidated Fiscal Balance recorded a deficit equal to 3.1 % of its Nominal GDP in Dec 2023, compared with a surplus equal to 11.6 % in the previous year See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
-3.1 2023	11.6 2022	-173.8 1991	29.1 2005	%	yearly	1988 - 2023

Consolidated Fiscal Balance: % of GDP by Country Comparison

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