Kuwait Forecast: Government Revenue
1985 - 2029 | Yearly | KWD bn | International Monetary Fund
Key information about Kuwait Government Revenue Forecast
- Kuwait Government Revenue is forecasted to be 37.424 KWD bn in Dec 2024 as reported by International Monetary Fund
- It records an increase from the last reported number of 39.542 KWD bn in Dec 2023
- Looking ahead, Kuwait Government Revenue is projected to stand at 40.250 KWD bn in Dec 2029
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: General Government Revenue
View Kuwait's Forecast: Government Revenue from 1985 to 2029 in the chart:
What is Kuwait's Forecast: Government Revenue in 2029?
Kuwait Government Revenue is forecasted to be 37.424 KWD bn in Dec 2024 as reported by International Monetary Fund See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 40.250 2029 | 39.161 2028 | 1.972 1991 | 40.250 2029 | KWD bn | yearly | 1985 - 2029 |
Forecast: Government Revenue by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (AFA bn) | 210.773 2023 | yearly | 2002 - 2023 |
| Albania (ALL bn) | 946.711 2029 | yearly | 1997 - 2029 |
| Algeria (DZD bn) | 13,485.755 2029 | yearly | 1990 - 2029 |
| Andorra (EUR bn) | 1.649 2029 | yearly | 2001 - 2029 |
| Angola (AOA bn) | 30,171.717 2029 | yearly | 1996 - 2029 |
| Antigua and Barbuda (XCD bn) | 1.427 2029 | yearly | 1990 - 2029 |
| Argentina (ARS bn) | 770,888.979 2029 | yearly | 1993 - 2029 |
| Armenia (AMD bn) | 3,906.567 2029 | yearly | 1993 - 2029 |
| Aruba (AWG bn) | 2.066 2029 | yearly | 1995 - 2029 |
| Australia (AUD bn) | 1,234.249 2029 | yearly | 1988 - 2029 |
| Austria (EUR bn) | 293.033 2029 | yearly | 1988 - 2029 |
| Azerbaijan (AZN bn) | 45.680 2029 | yearly | 1994 - 2029 |
| Bahamas (BSD bn) | 3.778 2029 | yearly | 1990 - 2029 |
| Bahrain (BHD bn) | 3.556 2029 | yearly | 1990 - 2029 |
| Bangladesh (BDT bn) | 9,401.383 2029 | yearly | 1980 - 2029 |
| Barbados (BBD bn) | 4.848 2030 | yearly | 1995 - 2030 |
| Belarus (BYN bn) | 138.419 2029 | yearly | 1996 - 2029 |
| Belgium (EUR bn) | 355.702 2029 | yearly | 1980 - 2029 |
| Belize (BZD bn) | 1.856 2029 | yearly | 1996 - 2029 |
| Benin (XOF bn) | 3,337.730 2029 | yearly | 1989 - 2029 |
| Bhutan (BTN bn) | 119.972 2029 | yearly | 1981 - 2029 |
| Bolivia (BOB bn) | 120.040 2029 | yearly | 1984 - 2029 |
| Bosnia and Herzegovina (BAM bn) | 27.329 2029 | yearly | 1998 - 2029 |
| Botswana (BWP bn) | 119.488 2030 | yearly | 2000 - 2030 |
| Brazil (BRL bn) | 6,180.294 2029 | yearly | 2001 - 2029 |
| Brunei (BND bn) | 3.816 2029 | yearly | 1980 - 2029 |
| Bulgaria (BGN bn) | 89.873 2029 | yearly | 1998 - 2029 |
| Burkina Faso (XOF bn) | 4,605.984 2029 | yearly | 1985 - 2029 |
| Burundi (BIF bn) | 7,646.640 2029 | yearly | 1990 - 2029 |
| Cambodia (KHR bn) | 44,513.695 2029 | yearly | 1996 - 2029 |
| Cameroon (XAF bn) | 7,193.073 2029 | yearly | 2000 - 2029 |
| Canada (CAD bn) | 1,523.743 2029 | yearly | 1980 - 2029 |
| Cape Verde (CVE bn) | 96.470 2029 | yearly | 1994 - 2029 |
| Central African Republic (XAF bn) | 381.806 2029 | yearly | 1988 - 2029 |
| Chad (XAF bn) | 2,127.004 2029 | yearly | 1995 - 2029 |
| Chile (CLP bn) | 105,280.069 2029 | yearly | 1990 - 2029 |
| China (RMB bn) | 47,402.036 2029 | yearly | 1982 - 2029 |
| Colombia (COP bn) | 665,180.008 2029 | yearly | 1980 - 2029 |
| Comoros (KMF bn) | 155.309 2029 | yearly | 1984 - 2029 |
| Congo (XAF bn) | 2,986.414 2029 | yearly | 1989 - 2029 |
| Costa Rica (CRC bn) | 10,206.173 2029 | yearly | 1990 - 2029 |
| Croatia (EUR bn) | 48.368 2029 | yearly | 1992 - 2029 |
| Cyprus (EUR bn) | 18.202 2029 | yearly | 1995 - 2029 |
| Czech Republic (CZK bn) | 3,820.571 2029 | yearly | 1995 - 2029 |
| Democratic Republic of Congo (CDF bn) | 52,838.704 2029 | yearly | 1996 - 2029 |
| Denmark (DKK bn) | 1,661.452 2029 | yearly | 1980 - 2029 |
| Djibouti (DJF bn) | 186.749 2029 | yearly | 1990 - 2029 |
| Dominica (XCD bn) | 1.009 2029 | yearly | 1990 - 2029 |
| Dominican Republic (DOP bn) | 1,762.556 2029 | yearly | 1997 - 2029 |
| Ecuador (USD bn) | 52.747 2029 | yearly | 1995 - 2029 |
| Egypt (EGP bn) | 6,391.424 2029 | yearly | 1999 - 2029 |
| El Salvador (SVC bn) | 12.133 2029 | yearly | 1990 - 2029 |
| Equatorial Guinea (XAF bn) | 1,297.787 2029 | yearly | 1980 - 2029 |
| Eritrea (ERN bn) | 10.150 2019 | yearly | 1992 - 2019 |
| Estonia (EUR bn) | 19.987 2029 | yearly | 1995 - 2029 |
| Swaziland (SZL bn) | 35.866 2030 | yearly | 1981 - 2030 |
| Ethiopia (ETB bn) | 4,126.210 2029 | yearly | 1980 - 2029 |
| Fiji (FJD bn) | 4.611 2028 | yearly | 1992 - 2028 |
| Finland (EUR bn) | 178.392 2029 | yearly | 1980 - 2029 |
| France (EUR bn) | 1,735.012 2029 | yearly | 1980 - 2029 |
| Gabon (XAF bn) | 2,428.232 2029 | yearly | 1990 - 2029 |
| Gambia (GMD bn) | 55.335 2029 | yearly | 2000 - 2029 |
| Georgia (GEL bn) | 38.047 2029 | yearly | 1994 - 2029 |
| Germany (EUR bn) | 2,407.636 2029 | yearly | 1991 - 2029 |
| Ghana (GHS bn) | 349.498 2029 | yearly | 1982 - 2029 |
| Greece (EUR bn) | 122.570 2029 | yearly | 1980 - 2029 |
| Grenada (XCD bn) | 1.372 2029 | yearly | 1990 - 2029 |
| Guatemala (GTQ bn) | 166.256 2029 | yearly | 1995 - 2029 |
| Guinea (GNF bn) | 64,554.450 2029 | yearly | 1990 - 2029 |
| Guinea-Bissau (GWP bn) | 308.870 2029 | yearly | 1991 - 2029 |
| Guyana (GYD bn) | 1,508.041 2029 | yearly | 1997 - 2029 |
| Haiti (HTG bn) | 436.525 2029 | yearly | 1997 - 2029 |
| Honduras (HNL bn) | 349.136 2029 | yearly | 1990 - 2029 |
| Hong Kong SAR, China (HKD bn) | 902.207 2030 | yearly | 1982 - 2030 |
| Hungary (HUF bn) | 47,604.865 2029 | yearly | 1995 - 2029 |
| Iceland (ISK bn) | 2,502.666 2029 | yearly | 1980 - 2029 |
| India (INR bn) | 115,871.308 2030 | yearly | 1989 - 2030 |
| Indonesia (IDR bn) | 4,757,032.323 2029 | yearly | 1981 - 2029 |
| Iran (IRR bn) | 85,465,973.079 2030 | yearly | 1991 - 2030 |
| Iraq (IQD bn) | 157,551.581 2029 | yearly | 2004 - 2029 |
| Ireland (EUR bn) | 161.718 2029 | yearly | 1980 - 2029 |
| Israel (ILS bn) | 938.965 2029 | yearly | 2000 - 2029 |
| Italy (EUR bn) | 1,123.505 2029 | yearly | 1988 - 2029 |
| Ivory Coast (XOF bn) | 14,894.021 2029 | yearly | 1997 - 2029 |
| Jamaica (JMD bn) | 1,364.649 2030 | yearly | 1991 - 2030 |
| Japan (JPY bn) | 257,940.611 2029 | yearly | 1980 - 2029 |
| Jordan (JOD bn) | 13.400 2029 | yearly | 1985 - 2029 |
| Kazakhstan (KZT bn) | 40,409.487 2029 | yearly | 1994 - 2029 |
| Kenya (KES bn) | 5,350.228 2029 | yearly | 1982 - 2029 |
| Kiribati (AUD bn) | 0.518 2029 | yearly | 1988 - 2029 |
| South Korea (KRW bn) | 701,179.384 2029 | yearly | 1995 - 2029 |
| Kosovo (EUR bn) | 4.033 2029 | yearly | 2000 - 2029 |
| Kuwait (KWD bn) | 40.250 2029 | yearly | 1985 - 2029 |
| Kyrgyzstan (KGS bn) | 702.039 2029 | yearly | 1993 - 2029 |
| Laos (LAK bn) | 40,599.931 2022 | yearly | 2000 - 2022 |
| Latvia (EUR bn) | 20.922 2029 | yearly | 1998 - 2029 |
| Lebanon (LBP bn) | 269,359.681 2023 | yearly | 1990 - 2023 |
| Lesotho (LSL bn) | 35.304 2030 | yearly | 1983 - 2030 |
| Liberia (LRD bn) | 1.426 2029 | yearly | 2000 - 2029 |
| Libya (LYD bn) | 131.116 2029 | yearly | 1990 - 2029 |
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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) | 163.2 Oct 2024 | monthly | Dec 1993 - Oct 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 Oct 2024 | monthly | Dec 1993 - Oct 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.994 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 2,975.2 Aug 2024 | monthly | Jan 1993 - Aug 2024 |
| Total Exports (USD mn) | 6,074.6 Aug 2024 | monthly | Jan 1993 - Aug 2024 |
| Total Exports Growth (%) | -15.9 Aug 2024 | monthly | Jan 1994 - Aug 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) | 3,099.4 Aug 2024 | monthly | Jan 1992 - Aug 2024 |
| Total Imports Growth (%) | -3.9 Aug 2024 | monthly | Jan 1993 - Aug 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) | 6.680 Aug 2024 | monthly | Sep 1991 - Aug 2024 |
| Total Imports from USA (USD mn) | 323.688 Aug 2024 | monthly | Jan 2017 - Aug 2024 |
| Total Exports to China (USD mn) | 41.999 Aug 2024 | monthly | Jan 2017 - Aug 2024 |
| Total Imports from China (USD mn) | 546.823 Aug 2024 | monthly | Jan 2017 - Aug 2024 |
| Trade Balance: Quarterly (KWD mn) | 2,789.603 Dec 2018 | quarterly | Mar 1973 - Dec 2018 |
| Exports: FOB: Growth Rate: YoY (%) | -15.884 Aug 2024 | monthly | Apr 2020 - Aug 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) | 1,748.6 Mar 2024 | quarterly | Mar 2012 - Mar 2024 |
| Current Account Balance (USD mn) | 11,086.1 Mar 2024 | quarterly | Mar 2012 - Mar 2024 |
| Current Account Balance: % of GDP (%) | 27.9 Mar 2024 | quarterly | Mar 2012 - Mar 2024 |
| Foreign Direct Investment (USD mn) | 128.5 Mar 2024 | quarterly | Mar 2012 - Mar 2024 |
| Foreign Direct Investment: % of GDP (%) | 0.3 Mar 2024 | quarterly | Mar 2012 - Mar 2024 |
| Foreign Portfolio Investment (USD mn) | 13.987 Mar 2024 | quarterly | Mar 2012 - Mar 2024 |
| Foreign Portfolio Investment: % of GDP (%) | 0.0 Mar 2024 | quarterly | Mar 2012 - Mar 2024 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 45.5 Mar 2024 | quarterly | Mar 2012 - Mar 2024 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -31.551 Mar 2024 | quarterly | Mar 2012 - Mar 2024 |
| External Debt (USD mn) | 65,430.7 Mar 2024 | quarterly | Mar 2018 - Mar 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: Liabilities (KWD mn) | 10.000 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: CA: Secondary Income: Credit (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: CA: Primary Income: Debit (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: Debit (KWD mn) | 0.000 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: Portfolio Investment: Assets (KWD mn) | -1,260.000 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 |
| 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) | 33,767.260 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Money Supply M2 (USD mn) | 132,443.284 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| M2 Growth (%) | 3.2 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
| Foreign Exchange Reserves (USD mn) | 42,191.5 Sep 2024 | monthly | Jan 1964 - Sep 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) | 103.476 Oct 2024 | monthly | Dec 1961 - Oct 2024 |
| Total Deposits (USD mn) | 174,173.331 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Total Deposits Growth (%) | 2.4 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
| Domestic Credit (USD mn) | 132,109.4 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Domestic Credit Growth (%) | 2.2 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
| Household Debt (USD mn) | 1,557.0 Oct 2024 | monthly | Jan 2002 - Oct 2024 |
| Total Loans (USD mn) | 184,015.668 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Total Loans Growth (%) | 6.11 Oct 2024 | monthly | Jan 1995 - Oct 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) | 10,344.600 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Money Supply: M3: M2: M1: Currency in Circulation (KWD mn) | 1,561.500 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Money Supply: M3 (KWD mn) | 40,574.000 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Monetary Survey: CBK and Local Banks: Money Supply M2 (KWD mn) | 40,574.000 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Local Banks Time Deposits (KWD mn) | 65,176.600 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
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