Kuwait Official Exchange Rate: Period Average: Local Currency to USD

1987 - 2024 | Monthly | USD/KWD | World Bank

Kuwait Official Exchange Rate: Period Average: Local Currency to USD data was reported at 0.310 USD/KWD in Oct 2024. This records an increase from the previous number of 0.309 USD/KWD for Sep 2024. Kuwait Official Exchange Rate: Period Average: Local Currency to USD data is updated monthly, averaging 0.299 USD/KWD from Jan 1987 (Median) to Oct 2024, with 454 observations. The data reached an all-time high of 0.314 USD/KWD in Oct 2022 and a record low of 0.265 USD/KWD in Jul 2008. Kuwait Official Exchange Rate: Period Average: Local Currency to USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank.GEM: Foreign Exchange Rates. Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).

View Kuwait's Kuwait Official Exchange Rate: Period Average: Local Currency to USD from Jan 1987 to Oct 2024 in the chart:

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Kuwait Kuwait Official Exchange Rate: Period Average: Local Currency to USD
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Kuwait Kuwait Official Exchange Rate: Period Average: Local Currency to USD

What was Kuwait's Kuwait Official Exchange Rate: Period Average: Local Currency to USD in Oct 2024?

Last Previous Min Max Unit Frequency Range
0.310 Oct 2024 0.309 Sep 2024 0.265 Jul 2008 0.314 Oct 2022 USD/KWD monthly Jan 1987 - Oct 2024

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Kuwait Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 60,433.730 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 33,167.066 2028 yearly 1980 - 2028
Forecast: Real GDP Growth (%) 2.655 2027 yearly 1980 - 2027
GDP Deflator Growth (%) -10.1 Dec 2020 quarterly Mar 2011 - Dec 2020
GDP per Capita (USD) 22,682.592 2020 yearly 1993 - 2020
Gross National Product (GNP) (USD mn) 209,970.957 2022 yearly 1964 - 2022
Gross Savings Rate (%) 44.9 2022 yearly 1970 - 2022
Investment: % of GDP (%) 16.9 2022 yearly 1962 - 2022
Nominal GDP (USD mn) 27,984.3 Dec 2020 quarterly Mar 2010 - Dec 2020
Nominal GDP Growth (%) 3.246 Jun 2024 quarterly Mar 2011 - Jun 2024
Private Consumption Expenditure (USD mn) 59,798.150 2022 yearly 1962 - 2022
Private Consumption: % of GDP (%) 32.5 2022 yearly 1962 - 2022
Public Consumption Expenditure (USD mn) 38,081.587 2022 yearly 1962 - 2022
Public Consumption: % of GDP (%) 20.7 2022 yearly 1962 - 2022
Real GDP Growth (%) -1.6 Jun 2024 quarterly Jun 2010 - Jun 2024
Total Trade of Goods & Services: % of Nominal GDP (%) 90.702 2022 yearly 1962 - 2022
Gross Fixed Capital Formation (USD mn) 29,731.557 2019 yearly 1963 - 2019
Production Last Frequency Range
Industrial Production Index Growth (%) -10.0 Mar 2017 monthly Jan 1966 - Mar 2017
Minerals Production (Metric Ton) 151,579,000.000 2022 yearly 2009 - 2022
Government and Public Finance Last Frequency Range
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 Debt: % of GDP (%) 0.3 Jun 2024 quarterly Dec 2010 - Jun 2024
Tax Revenue (USD mn) 128.142 Dec 2015 monthly Sep 2003 - Dec 2015
National Government Debt (USD mn) 164.1 Sep 2024 monthly Dec 1993 - Sep 2024
Consolidated Fiscal Balance (USD mn) -5,077.511 2023 yearly 1988 - 2023
Tax Revenue: % of GDP (%) 1.1 2023 yearly 1986 - 2023
Consolidated Fiscal Balance: % of GDP (%) -3.1 2023 yearly 1988 - 2023
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 2,546,099.000 2021 yearly 1999 - 2021
Forecast: Population (Person mn) 5.318 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 2.200 2028 yearly 2002 - 2028
Labour Force Participation Rate (%) 71.5 2023 yearly 1990 - 2023
Labour Productivity Growth (%) 1.60 2018 yearly 1992 - 2018
Population (Person mn) 4.9 2023 yearly 1990 - 2023
Unemployment Rate (%) 0.93 2021 yearly 1999 - 2021
Domestic Trade and Household Survey Last Frequency Range
Motor Vehicle Sales: Commercial Cars (Unit) 16,479.000 2023 yearly 2005 - 2023
Motor Vehicle Sales: Passenger Cars (Unit) 112,969.000 2023 yearly 2005 - 2023
Motor Vehicles Sales (Unit) 129,448 2023 yearly 2005 - 2023
Motor Vehicles Sales Growth (%) 17.6 2023 yearly 2006 - 2023
Number of Registered Vehicles (Unit) 2,668,304 2023 yearly 1995 - 2023

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