Kuwait Domestic Credit Growth
Key information about Kuwait Domestic Credit Growth
- Kuwait Domestic Credit increased 4.7 % YoY in Dec 2024, compared with an increase of 2.4 % YoY in the previous month
- Kuwait Domestic Credit Growth YoY data is updated monthly
- It averaged 5.3 %, available from Jan 1995 to Dec 2024
- The data reached an all-time high of 34.1 % in Jan 2008 and a record low of -7.7 % in May 2001
CEIC calculates Domestic Credit Growth from monthly Domestic Credit. Domestic Credit is calculated as the sum of Claims on Private Sector and Government minus Liabilities on Government. The Central Bank of Kuwait provides Domestic Credit in local currency.
Further information about Kuwait Domestic Credit Growth
- In the latest reports, Kuwait Domestic Credit reached 133.0 USD bn in Dec 2024
- Money Supply M2 in Kuwait increased to 131.9 USD bn YoY in Dec 2024
- Kuwait Foreign Exchange Reserves was measured at 41.2 USD bn in Nov 2024
- The Foreign Exchange Reserves equaled 13.3 Months of Import in Sep 2024
- The country's Non Performing Loans Ratio stood at 1.7 % in Sep 2024, compared with the ratio of 1.7 % in the previous quarter
- Household Debt of Kuwait reached 0.9 % in Sep 2024, accounting for 0.9 % of the country's Nominal GDP
View Kuwait's Domestic Credit Growth from Jan 1995 to Dec 2024 in the chart:
What was Kuwait's Domestic Credit Growth in Dec 2024?
Kuwait Domestic Credit increased 4.7 % YoY in Dec 2024, compared with an increase of 2.4 % YoY in the previous month See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
4.7 Dec 2024 | 2.4 Nov 2024 | -7.7 May 2001 | 34.1 Jan 2008 | % | monthly | Jan 1995 - Dec 2024 |
Domestic Credit Growth by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 8.5 Nov 2024 | monthly | Dec 2003 - Nov 2024 |
Algeria (%) | 14.9 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
Argentina (%) | 115.0 Nov 2024 | monthly | Jan 1991 - Nov 2024 |
Armenia (%) | 20.8 Nov 2024 | monthly | Dec 1994 - Nov 2024 |
Australia (%) | -1.3 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
Austria (%) | -1.3 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
Azerbaijan (%) | -4.0 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
Bahrain (%) | 6.4 Nov 2024 | monthly | Sep 1992 - Nov 2024 |
Bangladesh (%) | 9.9 Nov 2024 | monthly | Jul 1988 - Nov 2024 |
Belarus (%) | 13.8 Dec 2024 | monthly | Dec 2007 - Dec 2024 |
Belgium (%) | 0.0 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
Bolivia (%) | 6.3 Oct 2023 | monthly | Dec 2002 - Oct 2023 |
Bosnia and Herzegovina (%) | 11.8 Dec 2024 | monthly | Aug 1998 - Dec 2024 |
Botswana (%) | 27.4 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
Brazil (%) | 6.8 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
Brunei (%) | 20.6 Jul 2024 | monthly | Jan 2000 - Jul 2024 |
Bulgaria (%) | 18.5 Dec 2024 | monthly | Dec 1994 - Dec 2024 |
Cambodia (%) | 1.3 Nov 2024 | monthly | Dec 1995 - Nov 2024 |
Canada (%) | 3.6 Nov 2024 | monthly | Jan 1970 - Nov 2024 |
Chile (%) | 5.5 Nov 2024 | monthly | Dec 1979 - Nov 2024 |
China (%) | 8.4 Dec 2024 | monthly | Jun 2000 - Dec 2024 |
Colombia (%) | 6.3 Jul 2024 | monthly | Jan 1994 - Jul 2024 |
Croatia (%) | 5.9 Dec 2022 | monthly | Jun 1995 - Dec 2022 |
Cyprus (%) | -1.1 Dec 2024 | monthly | Nov 2006 - Dec 2024 |
Czech Republic (%) | 9.7 Dec 2024 | monthly | Jan 2003 - Dec 2024 |
Denmark (%) | -6.7 Oct 2024 | monthly | Dec 2002 - Oct 2024 |
Ecuador (%) | 5.1 Dec 2024 | monthly | Jan 2007 - Dec 2024 |
Egypt (%) | 31.4 Nov 2024 | monthly | Jan 1997 - Nov 2024 |
Estonia (%) | 3.9 Oct 2024 | monthly | Jun 1993 - Oct 2024 |
European Union (%) | -0.9 Oct 2024 | monthly | Sep 1998 - Oct 2024 |
Finland (%) | -4.3 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
France (%) | 1.4 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
Georgia (%) | 20.8 Nov 2024 | monthly | Oct 1996 - Nov 2024 |
Germany (%) | -6.2 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
Ghana (%) | 18.8 Nov 2024 | monthly | Jan 1968 - Nov 2024 |
Greece (%) | 0.6 Oct 2024 | monthly | Jan 2002 - Oct 2024 |
Hong Kong SAR, China (%) | -0.2 Oct 2024 | monthly | Dec 1991 - Oct 2024 |
Hungary (%) | 10.3 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
Iceland (%) | 9.9 Dec 2024 | monthly | Sep 1994 - Dec 2024 |
India (%) | 11.5 Nov 2024 | monthly | Mar 2000 - Nov 2024 |
Indonesia (%) | 5.7 Dec 2024 | monthly | Jan 2005 - Dec 2024 |
Iran (%) | 25.8 Feb 2017 | monthly | Jan 1965 - Feb 2017 |
Ireland (%) | -3.4 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
Israel (%) | 12.9 Nov 2024 | monthly | Dec 2000 - Nov 2024 |
Italy (%) | 2.9 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
Ivory Coast (%) | 12.4 Dec 2024 | monthly | Jan 1965 - Dec 2024 |
Japan (%) | 1.7 Nov 2024 | monthly | Apr 2004 - Nov 2024 |
Jordan (%) | 3.0 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
Kazakhstan (%) | 17.0 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
Kenya (%) | 2.3 Sep 2024 | monthly | Dec 1996 - Sep 2024 |
South Korea (%) | 5.0 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
Kosovo (%) | 18.0 Dec 2024 | monthly | Nov 2008 - Dec 2024 |
Kuwait (%) | 4.7 Dec 2024 | monthly | Jan 1995 - Dec 2024 |
Kyrgyzstan (%) | 47.2 Dec 2024 | monthly | Dec 2003 - Dec 2024 |
Laos (%) | 21.3 Sep 2024 | quarterly | Dec 1992 - Sep 2024 |
Latvia (%) | -0.5 Oct 2024 | monthly | Jul 2004 - Oct 2024 |
Lebanon (%) | 2.2 Jan 2018 | monthly | Mar 1966 - Jan 2018 |
Lithuania (%) | 8.4 Oct 2024 | monthly | Dec 1994 - Oct 2024 |
Luxembourg (%) | 1.9 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
Macau SAR, China (%) | -11.1 Nov 2024 | monthly | Jun 1985 - Nov 2024 |
North Macedonia (%) | 5.6 Nov 2024 | monthly | Jan 2004 - Nov 2024 |
Malawi (%) | 50.5 Nov 2024 | monthly | Jan 1976 - Nov 2024 |
Malaysia (%) | 4.5 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
Malta (%) | 7.7 Dec 2024 | monthly | Jan 2009 - Dec 2024 |
Mauritius (%) | 13.7 Dec 2024 | monthly | Jun 2006 - Dec 2024 |
Mexico (%) | 9.2 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
Moldova (%) | 18.5 Dec 2024 | monthly | Jan 2001 - Dec 2024 |
Mongolia (%) | 21.4 Dec 2024 | monthly | Dec 1993 - Dec 2024 |
Montenegro (%) | 2.4 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
Morocco (%) | 7.2 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
Mozambique (%) | 12.5 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
Myanmar (%) | 16.4 Jan 2021 | monthly | Dec 2002 - Jan 2021 |
Nepal (%) | 4.8 Jan 2025 | monthly | Jan 2002 - Jan 2025 |
Netherlands (%) | -5.9 Oct 2024 | monthly | Dec 2002 - Oct 2024 |
New Zealand (%) | 2.2 Dec 2024 | monthly | Mar 1989 - Dec 2024 |
Nigeria (%) | 35.4 Nov 2024 | monthly | Nov 1993 - Nov 2024 |
Norway (%) | 3.2 Dec 2024 | monthly | Dec 1986 - Dec 2024 |
Oman (%) | 3.7 Nov 2024 | monthly | Dec 2000 - Nov 2024 |
Pakistan (%) | 16.4 Dec 2024 | monthly | Jun 2009 - Dec 2024 |
Palestinian Territory (%) | -0.2 Dec 2024 | monthly | Dec 1999 - Dec 2024 |
Panama (%) | 5.3 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
Paraguay (%) | 16.7 Oct 2024 | monthly | Dec 2002 - Oct 2024 |
Peru (%) | 2.8 Dec 2024 | monthly | Jan 1993 - Dec 2024 |
Philippines (%) | 10.8 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
Poland (%) | 5.3 Dec 2024 | monthly | Dec 1997 - Dec 2024 |
Portugal (%) | 0.3 Aug 2019 | monthly | Dec 2001 - Aug 2019 |
Qatar (%) | 3.5 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
Romania (%) | 12.4 Nov 2024 | monthly | Dec 2005 - Nov 2024 |
Russia (%) | 19.6 Dec 2024 | monthly | Dec 2001 - Dec 2024 |
Saudi Arabia (%) | 21.6 Dec 2017 | quarterly | Mar 1969 - Dec 2017 |
Serbia (%) | 9.8 Dec 2024 | monthly | Dec 2004 - Dec 2024 |
Singapore (%) | 6.3 Dec 2024 | monthly | Mar 2005 - Dec 2024 |
Slovakia (%) | 1.2 Oct 2024 | monthly | Jan 2007 - Oct 2024 |
Slovenia (%) | 5.8 Oct 2024 | monthly | Jan 2005 - Oct 2024 |
South Africa (%) | 4.6 Dec 2024 | monthly | Mar 1966 - Dec 2024 |
Spain (%) | -1.0 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
Sri Lanka (%) | 4.0 Dec 2024 | monthly | Jan 1997 - Dec 2024 |
Sudan (%) | 82.5 Dec 2022 | quarterly | Mar 2003 - Dec 2022 |
Sweden (%) | -6.5 Oct 2024 | monthly | Dec 2002 - Oct 2024 |
Switzerland (%) | 2.4 Dec 2024 | monthly | Dec 1988 - Dec 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 Expenditure: ytd (KWD mn) | 9,966.991 Sep 2024 | monthly | Apr 2018 - Sep 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 (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) | 2,745.4 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) | 6.127 Oct 2024 | monthly | Sep 1991 - Oct 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: 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: 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: Capital Account: Debit (KWD mn) | 5.000 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: 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: Portfolio Investment: Assets (KWD mn) | -1,260.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
BoP: CA: Debit (KWD mn) | 0.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
BoP: FA: Other Investments (OT) (KWD mn) | -1,407.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
BoP: FA: Reserve Assets: Central Bank of Kuwait (CBK) (KWD mn) | 448.000 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) | 41,208.8 Nov 2024 | monthly | Jan 1964 - Nov 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) | 174,693.281 Dec 2024 | monthly | Jan 1994 - Dec 2024 |
Total Deposits Growth (%) | 1.5 Dec 2024 | monthly | Jan 1995 - Dec 2024 |
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 |
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: M1 (KWD mn) | 10,413.400 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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