Kuwait KW: Tariff Rate: Applied: Weighted Mean: Primary Products

2002 - 2016 | Yearly | % | World Bank

Kuwait KW: Tariff Rate: Applied: Weighted Mean: Primary Products data was reported at 1.940 % in 2016. This stayed constant from the previous number of 1.940 % for 2015. Kuwait KW: Tariff Rate: Applied: Weighted Mean: Primary Products data is updated yearly, averaging 2.950 % from Dec 2002 (Median) to 2016, with 15 observations. The data reached an all-time high of 5.070 % in 2002 and a record low of 1.690 % in 2009. Kuwait KW: Tariff Rate: Applied: Weighted Mean: Primary Products 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: Trade Tariffs. Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).; ; World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database and the World Trade Organization’s (WTO) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.; ;

View Kuwait's Kuwait KW: Tariff Rate: Applied: Weighted Mean: Primary Products from 2002 to 2016 in the chart:

Kuwait Kuwait KW: Tariff Rate: Applied: Weighted Mean: Primary Products

What was Kuwait's Kuwait KW: Tariff Rate: Applied: Weighted Mean: Primary Products in 2016?

Last Previous Min Max Unit Frequency Range
1.93 2016 1.93 2015 1.69 2009 5.07 2002 % yearly 2002 - 2016

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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) 163.2 Oct 2024 monthly Dec 1993 - Oct 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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