Kuwait Policy Rate
Key information about Kuwait Policy Rate
- Kuwait cash rate (Policy Rate: Month End: Discount Rate) was set at 4.00 % pa in Nov 2024, compared with 4.00 % pa in the previous Oct 2024.
- Kuwait Policy Rate averaged 3.00 % pa and is updated monthly, available from Jul 1999 to Nov 2024.
- The data reached an all-time high of 7.25 % pa in Dec 2000 and a record low of 1.50 % pa in Feb 2022.
Related information about Kuwait Policy Rate
- In the latest reports, Kuwait Short Term Interest Rate: Month End: KIBOR: 3 Months was reported at 3.94 % pa in Oct 2024.
- Kuwait Exchange Rate against USD averaged 0.31 (USD/KWD) in Jun 2023.
View Kuwait's Policy Rate from Jul 1999 to Nov 2024 in the chart:
What was Kuwait's Policy Rate in Nov 2024?
Kuwait cash rate (Policy Rate: Month End: Discount Rate) was set at 4.00 % pa in Nov 2024, compared with 4.00 % pa in the previous Oct 2024. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
4.00 Nov 2024 | 4.00 Oct 2024 | 1.50 Feb 2022 | 7.25 Dec 2000 | % pa | monthly | Jul 1999 - Nov 2024 |
Policy Rate by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (% pa) | 2.75 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Algeria (% pa) | 3.00 Dec 2024 | monthly | Jan 1963 - Dec 2024 |
Argentina (%) | 31.78 Dec 2024 | monthly | Aug 1985 - Dec 2024 |
Armenia (% pa) | 7.00 Dec 2024 | monthly | May 2001 - Dec 2024 |
Australia (% pa) | 4.35 Dec 2024 | monthly | Aug 1990 - Dec 2024 |
Austria (% pa) | 3.15 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
Azerbaijan (% pa) | 7.25 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
Bahrain (% pa) | 5.50 Dec 2024 | monthly | Jan 2007 - Dec 2024 |
Bangladesh (% pa) | 10.00 Nov 2024 | monthly | Sep 2009 - Nov 2024 |
Belarus (% pa) | 9.50 Dec 2024 | monthly | Jul 1991 - Dec 2024 |
Belgium (% pa) | 3.15 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
Bolivia (% pa) | 3.05 Dec 2024 | monthly | Jan 2013 - Dec 2024 |
Botswana (% pa) | 3.75 Apr 2022 | monthly | Aug 1976 - Apr 2022 |
Brazil (% pa) | 12.25 Dec 2024 | monthly | Mar 1999 - Dec 2024 |
Bulgaria (% pa) | 2.95 Jan 2025 | monthly | Feb 1991 - Jan 2025 |
Canada (% pa) | 3.75 Nov 2024 | monthly | Dec 1992 - Nov 2024 |
Chile (% pa) | 5.00 Dec 2024 | monthly | May 1995 - Dec 2024 |
China (% pa) | 2.65 Jun 2023 | monthly | Jan 2016 - Jun 2023 |
Colombia (% pa) | 9.50 Dec 2024 | monthly | Apr 1995 - Dec 2024 |
Croatia (% pa) | 3.00 Dec 2022 | monthly | Dec 1992 - Dec 2022 |
Cyprus (% pa) | 3.15 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
Czech Republic (% pa) | 3.00 Dec 2024 | monthly | Jan 1993 - Dec 2024 |
Denmark (% pa) | 2.60 Dec 2024 | monthly | Aug 1914 - Dec 2024 |
Ecuador (% pa) | 10.43 Dec 2024 | monthly | Jul 1995 - Dec 2024 |
Egypt (% pa) | 27.75 Nov 2024 | monthly | Jan 1991 - Nov 2024 |
Estonia (% pa) | 3.15 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
European Union (% pa) | 3.15 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
Finland (% pa) | 3.15 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
France (% pa) | 3.40 Nov 2024 | monthly | Jan 1999 - Nov 2024 |
Georgia (% pa) | 8.00 Nov 2024 | monthly | Jan 2008 - Nov 2024 |
Germany (% pa) | 3.15 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
Ghana (% pa) | 29.50 May 2023 | monthly | Nov 2002 - May 2023 |
Greece (% pa) | 3.15 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
Hong Kong SAR, China (% pa) | 4.75 Dec 2024 | monthly | Jun 1992 - Dec 2024 |
Hungary (% pa) | 6.50 Dec 2024 | monthly | Oct 1990 - Dec 2024 |
Iceland (% pa) | 10.00 Dec 2024 | monthly | Jan 1994 - Dec 2024 |
India (% pa) | 6.50 Dec 2024 | monthly | Apr 2001 - Dec 2024 |
Indonesia (% pa) | 6.00 Dec 2024 | monthly | Jun 2015 - Dec 2024 |
Ireland (% pa) | 3.15 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
Israel (% pa) | 4.50 Dec 2024 | monthly | Dec 1998 - Dec 2024 |
Italy (% pa) | 3.40 Nov 2024 | monthly | Jan 1999 - Nov 2024 |
Ivory Coast (% pa) | 2.50 Mar 2017 | monthly | Jan 1964 - Mar 2017 |
Japan (% pa) | -0.10 Jun 2023 | monthly | Nov 2008 - Jun 2023 |
Jordan (% pa) | 7.50 Dec 2024 | monthly | Dec 1965 - Dec 2024 |
Kazakhstan (% pa) | 14.25 Nov 2024 | monthly | Feb 1992 - Nov 2024 |
Kenya (% pa) | 11.25 Dec 2024 | monthly | Jul 2003 - Dec 2024 |
South Korea (% pa) | 3.00 Dec 2024 | monthly | May 1999 - Dec 2024 |
Kosovo (% pa) | 3.15 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
Kuwait (% pa) | 4.00 Nov 2024 | monthly | Jul 1999 - Nov 2024 |
Kyrgyzstan (% pa) | 9.00 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
Laos (% pa) | 7.50 May 2023 | monthly | Dec 1992 - May 2023 |
Latvia (% pa) | 3.40 Nov 2024 | monthly | Jan 1999 - Nov 2024 |
Lebanon (% pa) | 10.00 Jan 2023 | monthly | Apr 1964 - Jan 2023 |
Lithuania (% pa) | 3.40 Nov 2024 | monthly | Jan 1999 - Nov 2024 |
Luxembourg (% pa) | 3.15 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
Macau SAR, China (% pa) | 4.75 Dec 2024 | monthly | Dec 1999 - Dec 2024 |
North Macedonia (% pa) | 5.55 Dec 2024 | monthly | Jan 2002 - Dec 2024 |
Malawi (% pa) | 26.00 Dec 2024 | monthly | Jan 1980 - Dec 2024 |
Malaysia (% pa) | 3.00 Dec 2024 | monthly | Apr 2004 - Dec 2024 |
Malta (% pa) | 3.15 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
Mauritius (% pa) | 4.00 Dec 2024 | monthly | Dec 1999 - Dec 2024 |
Mexico (% pa) | 10.00 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
Moldova (% pa) | 3.60 Dec 2024 | monthly | Feb 2001 - Dec 2024 |
Mongolia (% pa) | 10.00 Dec 2024 | monthly | Jul 2007 - Dec 2024 |
Montenegro (% pa) | 3.15 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
Morocco (% pa) | 2.50 Dec 2024 | monthly | Jun 1995 - Dec 2024 |
Myanmar (% pa) | 7.00 2024 | yearly | 1986 - 2024 |
Nepal (% pa) | 6.50 Nov 2024 | monthly | Jul 2003 - Nov 2024 |
Netherlands (% pa) | 3.15 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
New Zealand (% pa) | 5.50 May 2023 | monthly | Mar 1999 - May 2023 |
Nigeria (% pa) | 27.50 Dec 2024 | monthly | Dec 2006 - Dec 2024 |
Norway (% pa) | 4.50 Dec 2024 | monthly | Jan 1991 - Dec 2024 |
Oman (% pa) | 5.00 Dec 2024 | monthly | May 2007 - Dec 2024 |
Pakistan (% pa) | 14.00 Dec 2024 | monthly | Feb 1992 - Dec 2024 |
Paraguay (% pa) | 6.00 Dec 2024 | monthly | Jul 2010 - Dec 2024 |
Peru (% pa) | 5.00 Dec 2024 | monthly | Sep 2003 - Dec 2024 |
Philippines (% pa) | 7.00 May 2024 | monthly | Jun 2016 - May 2024 |
Poland (% pa) | 5.75 Dec 2024 | monthly | Jan 2005 - Dec 2024 |
Portugal (% pa) | 3.15 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
Qatar (% pa) | 5.10 Dec 2024 | monthly | Mar 2003 - Dec 2024 |
Romania (% pa) | 6.50 Dec 2024 | monthly | Jan 2003 - Dec 2024 |
Russia (% pa) | 21.00 Nov 2024 | monthly | Sep 2013 - Nov 2024 |
Saudi Arabia (% pa) | 5.00 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Serbia (% pa) | 5.75 Dec 2024 | monthly | Jan 2001 - Dec 2024 |
Singapore (% pa) | 4.00 Jun 2023 | monthly | Jul 2005 - Jun 2023 |
Slovakia (% pa) | 3.15 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
Slovenia (% pa) | 3.15 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
South Africa (% pa) | 7.75 Dec 2024 | monthly | Nov 1999 - Dec 2024 |
Spain (% pa) | 3.15 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
Sri Lanka (% pa) | 7.50 Nov 2024 | monthly | Jan 1997 - Nov 2024 |
Sweden (% pa) | 2.75 Dec 2024 | monthly | Jan 1987 - Dec 2024 |
Switzerland (% pa) | 0.45 Dec 2024 | monthly | Jun 1999 - Dec 2024 |
Syria (% pa) | 5.00 Dec 2024 | monthly | Jan 1962 - Dec 2024 |
Taiwan (% pa) | 2.00 Dec 2024 | monthly | Jul 1961 - Dec 2024 |
Tajikistan (% pa) | 9.00 Dec 2024 | monthly | Jun 1995 - Dec 2024 |
Thailand (% pa) | 2.25 Dec 2024 | monthly | May 2000 - Dec 2024 |
Tunisia (% pa) | 8.00 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Turkey (% pa) | 47.50 Dec 2024 | monthly | Jun 1996 - Dec 2024 |
Ukraine (% pa) | 13.50 Dec 2024 | monthly | Dec 1992 - Dec 2024 |
United Arab Emirates (% pa) | 4.40 Dec 2024 | monthly | Nov 2007 - Dec 2024 |
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) | 162.7 Nov 2024 | monthly | Dec 1993 - Nov 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: Tax (KWD mn) | 486.000 2016 | yearly | 1987 - 2016 |
Government Expenditure: Capital (KWD mn) | 226.000 2016 | yearly | 1989 - 2016 |
Government Revenue (KWD mn) | 13,633.900 2016 | yearly | 1987 - 2016 |
Government Expenditure: Current (KWD mn) | 12,125.900 2016 | yearly | 1989 - 2016 |
Government Surplus/Deficit (KWD mn) | -1,561.505 2024 | yearly | 1989 - 2024 |
Public Debt (KWD mn) | 50.000 Nov 2024 | monthly | Dec 1993 - Nov 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) | 4.107 Sep 2024 | monthly | Sep 1991 - Sep 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: Portfolio Investment: Liabilities: Debt Instruments (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: OT: Assets (KWD mn) | -2,795.000 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: CA: Debit (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: 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: 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: 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 |
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) | 34,183.889 Nov 2024 | monthly | Jan 1994 - Nov 2024 |
Money Supply M2 (USD mn) | 132,490.155 Nov 2024 | monthly | Jan 1994 - Nov 2024 |
M2 Growth (%) | 4.2 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
Foreign Exchange Reserves (USD mn) | 40,913.6 Oct 2024 | monthly | Jan 1964 - Oct 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) | 103.173 Nov 2024 | monthly | Dec 1961 - Nov 2024 |
Total Deposits (USD mn) | 174,743.694 Nov 2024 | monthly | Jan 1994 - Nov 2024 |
Total Deposits Growth (%) | 2.1 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
Domestic Credit (USD mn) | 131,857.4 Nov 2024 | monthly | Jan 1994 - Nov 2024 |
Domestic Credit Growth (%) | 2.4 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
Household Debt (USD mn) | 1,273.6 Nov 2024 | monthly | Jan 2002 - Nov 2024 |
Total Loans (USD mn) | 185,903.662 Nov 2024 | monthly | Jan 1994 - Nov 2024 |
Total Loans Growth (%) | 6.84 Nov 2024 | monthly | Jan 1995 - Nov 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) | 1,591.600 Nov 2024 | monthly | Jan 1994 - Nov 2024 |
Money Supply: M3 (KWD mn) | 40,707.600 Nov 2024 | monthly | Jan 1994 - Nov 2024 |
Monetary Survey: CBK and Local Banks: Money Supply M2: M1 (KWD mn) | 10,503.000 Nov 2024 | monthly | Jan 1994 - Nov 2024 |
Monetary Survey: CBK and Local Banks: Money Supply M2 (KWD mn) | 40,707.600 Nov 2024 | monthly | Jan 1994 - Nov 2024 |
Local Banks Time Deposits (KWD mn) | 66,264.000 Nov 2024 | monthly | Jan 1994 - Nov 2024 |
More Indicators for Kuwait
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