Kuwait M2 Growth

1995 - 2024 | Monthly | % | CEIC Data

Key information about Kuwait M2 Growth

  • Kuwait Money Supply M2 increased 3.2 % YoY in Oct 2024, compared with a growth of 3.7 % in the previous month
  • Kuwait Money Supply M2 growth data is updated monthly, available from Jan 1995 to Oct 2024
  • The data reached an all-time high of 26.9 % in Jan 2008 and a record low of -9.5 % in Sep 2021

CEIC calculates M2 Growth Rate from monthly M2. The Central Bank of Kuwait provides M2 in local currency.


Further information about Kuwait M2 Growth

  • In the latest reports, Kuwait Foreign Exchange Reserves was measured at 42.2 USD bn in Sep 2024
  • The Foreign Exchange Reserves equaled 14.3 Months of Import in Jun 2024
  • Kuwait Domestic Credit reached 132.1 USD bn in Oct 2024, representing an increased of 2.2 % YoY
  • The country's Non Performing Loans Ratio stood at 1.7 % in Jun 2024, compared with the ratio of 1.6 % in the previous quarter
  • Household Debt of Kuwait reached 1.4 USD bn in Sep 2024, accounting for 0.7 % of the country's Nominal GDP

View Kuwait's M2 Growth from Jan 1995 to Oct 2024 in the chart:

Kuwait M2 Growth

What was Kuwait's M2 Growth in Oct 2024?

Kuwait Money Supply M2 increased 3.2 % YoY in Oct 2024, compared with a growth of 3.7 % in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
3.2 Oct 2024 3.7 Sep 2024 -9.5 Sep 2021 26.9 Jan 2008 % monthly Jan 1995 - Oct 2024

M2 Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 7.2 Oct 2024 monthly Dec 1994 - Oct 2024
Algeria (%) 4.0 Mar 2024 monthly Jan 2002 - Mar 2024
Argentina (%) 208.3 Oct 2024 monthly Jan 1991 - Oct 2024
Armenia (%) 16.4 Sep 2024 monthly Jan 2003 - Sep 2024
Australia (%) 6.4 Oct 2024 monthly Mar 1966 - Oct 2024
Austria (%) 2.7 Aug 2024 monthly Sep 1998 - Aug 2024
Azerbaijan (%) 19.7 May 2023 monthly Dec 1996 - May 2023
Bahrain (%) 3.4 Oct 2024 monthly Dec 1975 - Oct 2024
Bangladesh (%) 7.9 Sep 2024 monthly Jun 1987 - Sep 2024
Belarus (%) 29.2 Nov 2024 monthly Dec 1990 - Nov 2024
Belgium (%) 5.7 Oct 2024 monthly Dec 1997 - Oct 2024
Bolivia (%) 15.3 Jun 2024 monthly Dec 1988 - Jun 2024
Bosnia and Herzegovina (%) 8.2 Oct 2024 monthly Aug 1998 - Oct 2024
Botswana (%) 9.3 Sep 2024 monthly Jan 2002 - Sep 2024
Brazil (%) 13.1 Oct 2024 monthly Jan 1971 - Oct 2024
Bulgaria (%) 9.1 Oct 2024 monthly Dec 1996 - Oct 2024
Cambodia (%) 16.2 Sep 2024 monthly Jan 1996 - Sep 2024
Canada (%) 5.5 Sep 2024 monthly Jan 1969 - Sep 2024
Chile (%) 5.8 Nov 2024 monthly Jan 1987 - Nov 2024
China (%) 7.1 Nov 2024 monthly Mar 1997 - Nov 2024
Colombia (%) 7.8 Oct 2024 monthly Dec 1980 - Oct 2024
Croatia (%) 4.6 Oct 2024 monthly Jun 1995 - Oct 2024
Cyprus (%) -5.2 2014 yearly 2006 - 2014
Czech Republic (%) 6.3 Oct 2024 monthly Jan 2003 - Oct 2024
Denmark (%) 3.4 Aug 2017 monthly Jan 1996 - Aug 2017
Ecuador (%) 10.1 Oct 2024 monthly Dec 2007 - Oct 2024
Egypt (%) 29.5 Oct 2024 monthly Jan 1997 - Oct 2024
Estonia (%) 7.4 Oct 2024 monthly Jan 2012 - Oct 2024
European Union (%) 2.6 Oct 2024 monthly Jan 1981 - Oct 2024
Finland (%) -0.5 Oct 2024 monthly Jan 1981 - Oct 2024
France (%) -0.2 Oct 2024 monthly Dec 1978 - Oct 2024
Georgia (%) 14.9 Oct 2024 monthly Oct 1996 - Oct 2024
Germany (%) 2.9 Sep 2024 monthly Jan 1970 - Sep 2024
Ghana (%) 44.5 Sep 2024 quarterly Mar 1991 - Sep 2024
Greece (%) 2.5 Oct 2024 monthly Jan 2002 - Oct 2024
Hong Kong SAR, China (%) 8.5 Sep 2024 monthly Dec 1981 - Sep 2024
Hungary (%) 7.3 Oct 2024 monthly Jan 1999 - Oct 2024
Iceland (%) 11.7 Oct 2024 monthly Sep 1987 - Oct 2024
India (%) 8.6 Sep 2024 monthly Mar 1995 - Sep 2024
Indonesia (%) 6.8 Oct 2024 monthly Feb 1969 - Oct 2024
Iran (%) 26.8 Jun 2024 monthly Dec 2000 - Jun 2024
Ireland (%) 6.6 Oct 2024 monthly Jan 2000 - Oct 2024
Israel (%) 7.4 Aug 2024 monthly Apr 1982 - Aug 2024
Italy (%) 0.1 Sep 2024 monthly Dec 1975 - Sep 2024
Ivory Coast (%) 4.6 Jul 2024 monthly Jan 2005 - Jul 2024
Japan (%) 1.2 Oct 2024 monthly Jan 1968 - Oct 2024
Jordan (%) 6.0 Sep 2024 monthly Jan 1991 - Sep 2024
Kazakhstan (%) 19.7 Nov 2024 monthly Dec 1994 - Nov 2024
Kenya (%) 3.7 Sep 2024 monthly Dec 1996 - Sep 2024
South Korea (%) 6.7 Sep 2024 monthly Jan 1971 - Sep 2024
Kosovo (%) 11.3 2023 yearly 2002 - 2023
Kuwait (%) 3.2 Oct 2024 monthly Jan 1995 - Oct 2024
Kyrgyzstan (%) 28.6 Sep 2024 monthly Jan 1995 - Sep 2024
Laos (%) 23.3 Sep 2024 quarterly Dec 2000 - Sep 2024
Latvia (%) 4.5 Sep 2024 monthly Jan 2015 - Sep 2024
Lebanon (%) -17.2 Feb 2024 monthly Dec 1980 - Feb 2024
Lithuania (%) 10.6 Oct 2024 monthly Dec 1994 - Oct 2024
Luxembourg (%) 7.0 Oct 2024 monthly Jan 2000 - Oct 2024
Macau SAR, China (%) 7.5 Oct 2024 monthly Jun 1985 - Oct 2024
North Macedonia (%) 7.0 Oct 2024 monthly Jan 2004 - Oct 2024
Malawi (%) 36.0 Jun 2023 monthly Jan 1976 - Jun 2023
Malaysia (%) 4.2 Oct 2024 monthly Dec 1970 - Oct 2024
Malta (%) 4.1 Aug 2024 monthly Jan 2009 - Aug 2024
Mauritius (%) 11.6 Sep 2024 monthly Jul 1977 - Sep 2024
Mexico (%) 12.4 Oct 2024 monthly Dec 1986 - Oct 2024
Moldova (%) 20.8 Oct 2024 monthly Jan 2001 - Oct 2024
Mongolia (%) 25.1 Oct 2024 monthly Dec 1997 - Oct 2024
Montenegro (%) 12.0 2023 yearly 2003 - 2023
Morocco (%) 8.1 Oct 2024 monthly Jan 1986 - Oct 2024
Mozambique (%) 13.8 Sep 2024 monthly Dec 2002 - Sep 2024
Myanmar (%) 15.9 Mar 2024 quarterly Dec 2002 - Mar 2024
Nepal (%) 12.4 Nov 2024 monthly Jan 2002 - Nov 2024
Netherlands (%) 0.7 Oct 2024 monthly Dec 1957 - Oct 2024
New Zealand (%) 3.2 Oct 2024 monthly Mar 1989 - Oct 2024
Nigeria (%) 63.3 Aug 2024 monthly Nov 1993 - Aug 2024
Norway (%) 4.0 Oct 2024 monthly Dec 1993 - Oct 2024
Oman (%) 13.9 Sep 2024 monthly Jan 2000 - Sep 2024
Pakistan (%) 15.2 Oct 2024 monthly Jan 1989 - Oct 2024
Palestinian Territory (%) 11.9 Oct 2024 monthly Jul 2003 - Oct 2024
Panama (%) 8.7 Jul 2024 monthly Dec 2003 - Jul 2024
Paraguay (%) 11.5 Oct 2024 monthly Dec 1989 - Oct 2024
Peru (%) 12.7 Oct 2024 monthly Jan 1993 - Oct 2024
Philippines (%) 5.8 Oct 2024 monthly Dec 1989 - Oct 2024
Poland (%) 7.6 Oct 2024 monthly Dec 1997 - Oct 2024
Portugal (%) 6.8 Oct 2024 monthly Dec 1980 - Oct 2024
Qatar (%) 1.7 Oct 2024 monthly Jan 1983 - Oct 2024
Romania (%) 10.3 Oct 2024 monthly Dec 2002 - Oct 2024
Russia (%) 19.5 Oct 2024 monthly Dec 1992 - Oct 2024
Saudi Arabia (%) 11.1 Oct 2024 monthly Jan 1994 - Oct 2024
Serbia (%) 17.4 Oct 2024 monthly Aug 2002 - Oct 2024
Singapore (%) 5.4 Oct 2024 monthly Mar 2005 - Oct 2024
Slovakia (%) 5.6 Oct 2024 monthly Dec 2001 - Oct 2024
Slovenia (%) 2.5 Sep 2024 monthly Jan 2008 - Sep 2024
South Africa (%) 7.1 Oct 2024 monthly Mar 1966 - Oct 2024
Spain (%) 5.1 Oct 2024 monthly Jan 1963 - Oct 2024
Sri Lanka (%) 10.6 Oct 2024 monthly Jan 1995 - Oct 2024
Sudan (%) 43.9 Feb 2023 monthly Dec 2004 - Feb 2023
Sweden (%) 1.3 Oct 2024 monthly Jan 1999 - Oct 2024
Switzerland (%) -10.4 Jun 2023 monthly Dec 1985 - Jun 2023

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Kuwait 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: 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: Liabilities (KWD mn) 10.000 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: 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: 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
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 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

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