Kuwait Forecast: Unemployment Rate
2002 - 2028 | Yearly | % | International Monetary Fund
Key information about Kuwait Unemployment Rate Forecast
- Kuwait Unemployment Rate is forecasted to be 2.200 % in Dec 2024 as reported by International Monetary Fund
- It records no change from the last reported number of 2.200 % in Dec 2023
- Looking ahead, Kuwait Unemployment Rate is projected to stand at 2.200 % in Dec 2028
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Unemployment Rate
View Kuwait's Forecast: Unemployment Rate from 2002 to 2028 in the chart:
What is Kuwait's Forecast: Unemployment Rate in 2028?
Kuwait Unemployment Rate is forecasted to be 2.200 % in Dec 2024 as reported by International Monetary Fund See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 2.200 2028 | 2.200 2027 | 1.800 2003 | 2.900 2014 | % | yearly | 2002 - 2028 |
Forecast: Unemployment Rate by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (%) | 0.000 | yearly | - |
| Albania (%) | 10.700 2029 | yearly | 1980 - 2029 |
| Algeria (%) | 11.383 2019 | yearly | 1980 - 2019 |
| Andorra (%) | 1.550 2029 | yearly | 2010 - 2029 |
| Angola (%) | 0.000 | yearly | - |
| Antigua and Barbuda (%) | 0.000 | yearly | - |
| Argentina (%) | 7.000 2029 | yearly | 1980 - 2029 |
| Armenia (%) | 14.000 2029 | yearly | 2001 - 2029 |
| Aruba (%) | 5.091 2026 | yearly | 1991 - 2026 |
| Australia (%) | 4.524 2029 | yearly | 1980 - 2029 |
| Austria (%) | 5.179 2028 | yearly | 1980 - 2028 |
| Azerbaijan (%) | 5.098 2029 | yearly | 2000 - 2029 |
| Bahamas (%) | 9.500 2029 | yearly | 1986 - 2029 |
| Bahrain (%) | 6.300 2023 | yearly | 2007 - 2023 |
| Bangladesh (%) | 0.000 | yearly | - |
| Barbados (%) | 7.677 2029 | yearly | 1981 - 2029 |
| Belarus (%) | 2.898 2029 | yearly | 1993 - 2029 |
| Belgium (%) | 5.700 2029 | yearly | 1980 - 2029 |
| Belize (%) | 3.400 2029 | yearly | 1990 - 2029 |
| Benin (%) | 0.000 | yearly | - |
| Bhutan (%) | 3.500 2023 | yearly | 2003 - 2023 |
| Bolivia (%) | 5.200 2029 | yearly | 2000 - 2029 |
| Bosnia and Herzegovina (%) | 13.200 2029 | yearly | 1995 - 2029 |
| Botswana (%) | 0.000 | yearly | - |
| Brazil (%) | 7.482 2029 | yearly | 1991 - 2029 |
| Brunei (%) | 4.900 2029 | yearly | 2011 - 2029 |
| Bulgaria (%) | 4.000 2029 | yearly | 1989 - 2029 |
| Burkina Faso (%) | 0.000 | yearly | - |
| Burundi (%) | 0.000 | yearly | - |
| Cambodia (%) | 0.000 | yearly | - |
| Cameroon (%) | 0.000 | yearly | - |
| Canada (%) | 5.960 2029 | yearly | 1980 - 2029 |
| Cape Verde (%) | 8.500 2029 | yearly | 1980 - 2029 |
| Central African Republic (%) | 0.000 | yearly | - |
| Chad (%) | 0.000 | yearly | - |
| Chile (%) | 7.500 2029 | yearly | 1980 - 2029 |
| China (%) | 5.100 2029 | yearly | 2017 - 2029 |
| Colombia (%) | 9.400 2029 | yearly | 1980 - 2029 |
| Comoros (%) | 0.000 | yearly | - |
| Congo (%) | 0.000 | yearly | - |
| Costa Rica (%) | 9.000 2026 | yearly | 1980 - 2026 |
| Croatia (%) | 5.466 2029 | yearly | 1991 - 2029 |
| Cyprus (%) | 4.979 2029 | yearly | 1982 - 2029 |
| Czech Republic (%) | 2.300 2028 | yearly | 1995 - 2028 |
| Democratic Republic of Congo (%) | 0.000 | yearly | - |
| Denmark (%) | 5.000 2028 | yearly | 1980 - 2028 |
| Djibouti (%) | 0.000 | yearly | - |
| Dominica (%) | 0.000 | yearly | - |
| Dominican Republic (%) | 6.000 2029 | yearly | 1991 - 2029 |
| Ecuador (%) | 3.500 2029 | yearly | 1988 - 2029 |
| Egypt (%) | 5.502 2029 | yearly | 1990 - 2029 |
| El Salvador (%) | 5.216 2029 | yearly | 1988 - 2029 |
| Equatorial Guinea (%) | 0.000 | yearly | - |
| Eritrea (%) | 0.000 | yearly | - |
| Estonia (%) | 6.508 2029 | yearly | 1993 - 2029 |
| Swaziland (%) | 25.000 2016 | yearly | 1995 - 2016 |
| Ethiopia (%) | 0.000 | yearly | - |
| Fiji (%) | 4.500 2029 | yearly | 1986 - 2029 |
| Finland (%) | 7.100 2028 | yearly | 1980 - 2028 |
| France (%) | 6.663 2028 | yearly | 1980 - 2028 |
| Gabon (%) | 0.000 | yearly | - |
| Gambia (%) | 0.000 | yearly | - |
| Georgia (%) | 14.500 2029 | yearly | 1996 - 2029 |
| Germany (%) | 2.963 2028 | yearly | 1980 - 2028 |
| Ghana (%) | 0.000 | yearly | - |
| Greece (%) | 9.000 2028 | yearly | 1980 - 2028 |
| Grenada (%) | 0.000 | yearly | - |
| Guatemala (%) | 0.000 | yearly | - |
| Guinea (%) | 0.000 | yearly | - |
| Guinea-Bissau (%) | 0.000 | yearly | - |
| Guyana (%) | 0.000 | yearly | - |
| Haiti (%) | 0.000 | yearly | - |
| Honduras (%) | 8.000 2029 | yearly | 1980 - 2029 |
| Hong Kong SAR, China (%) | 2.669 2029 | yearly | 1980 - 2029 |
| Hungary (%) | 3.689 2029 | yearly | 1980 - 2029 |
| Iceland (%) | 4.000 2029 | yearly | 1980 - 2029 |
| India (%) | 0.000 | yearly | - |
| Indonesia (%) | 5.100 2029 | yearly | 1984 - 2029 |
| Iran (%) | 9.000 2029 | yearly | 1990 - 2029 |
| Iraq (%) | 0.000 | yearly | - |
| Ireland (%) | 4.507 2028 | yearly | 1985 - 2028 |
| Israel (%) | 3.900 2029 | yearly | 1980 - 2029 |
| Italy (%) | 8.250 2028 | yearly | 1980 - 2028 |
| Ivory Coast (%) | 0.000 | yearly | - |
| Jamaica (%) | 4.400 2023 | yearly | 1980 - 2023 |
| Japan (%) | 2.300 2028 | yearly | 1980 - 2028 |
| Jordan (%) | 21.975 2023 | yearly | 1984 - 2023 |
| Kazakhstan (%) | 4.775 2029 | yearly | 1994 - 2029 |
| Kenya (%) | 0.000 | yearly | - |
| Kiribati (%) | 0.000 | yearly | - |
| South Korea (%) | 3.000 2029 | yearly | 1980 - 2029 |
| Kosovo (%) | 10.875 2023 | yearly | 2012 - 2023 |
| Kuwait (%) | 2.200 2028 | yearly | 2002 - 2028 |
| Kyrgyzstan (%) | 9.014 2029 | yearly | 1994 - 2029 |
| Laos (%) | 0.000 | yearly | - |
| Latvia (%) | 6.286 2029 | yearly | 1992 - 2029 |
| Lebanon (%) | 0.000 | yearly | - |
| Lesotho (%) | 0.000 2015 | yearly | 2000 - 2015 |
| Liberia (%) | 0.000 | yearly | - |
| Libya (%) | 0.000 | yearly | - |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
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 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 Expenditure (KWD mn) | 18,245.900 2016 | yearly | 1989 - 2016 |
| Government Revenue (KWD mn) | 13,633.900 2016 | yearly | 1987 - 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: 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 |
| 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: Portfolio Investment: Assets (KWD mn) | -1,260.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Portfolio Investment: Liabilities (KWD mn) | 10.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: 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: 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 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.7 Jun 2024 | quarterly | Mar 2011 - Jun 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 |
| 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: M1 (KWD mn) | 10,344.600 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 |
More Indicators for Kuwait
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.