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Economy of Kuwait. Statistics, Data and Indicators

flag
Kuwait
90AA Credit rank #21
N/A Quality of life #
85 Corruption rank#71
83 Ease of doing business#91
Kuwait


Kuwait Major Economic Indicators

Indicator Data Period
GDP Value 135 USD Billion 2019
GDP Annual Growth Rate -1.1 % 4Q/19
GDP Growth Rate 2.6 % 4Q/19
GDP per capita 32697 USD 2019
Inflation Rate YoY 2 % Sep/20
Interest Rate 1.5 % Sep/20
Unemployment Rate 2.17 % 2019
Balance of Trade 1760 KWD Million | 5.763 B USD 1Q/20
Current Account 1325 KWD Million | 4.338 B USD 3Q/19
Foreign Exchange Reserves 800 KWD Million | 2.619 B USD 2019


GDP
vvp
135
USD Billion
#61 from 174 countries
GDP per capita
vvp
32697
USD
#29 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 135 USD Billion 2019
GDP Annual Growth Rate -1.1 % 4Q/19
GDP Growth Rate 2.6 % 4Q/19
GDP per capita 32697 USD 2019
GDP Constant Prices 9998 KWD Million | 32.736 B USD 4Q/19
GDP per capita PPP 49846 USD 2019


Budget Indicators

Indicator Data Period
Government Debt to GDP 11.8 % 2019
Government Spending 9624 KWD Million | 31.512 USD Billion 2018
Government Budget to GDP 11.4 % 2018
Military Expenditure 7211 USD Million | 7.211 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 117 index points Sep/20
Food Inflation 7.01 % Sep/20
Gasoline Prices 0.28 USD/Liter Nov/20
Inflation Rate YoY 2 % Sep/20
Producer Prices 138 index points Mar/20
Inflation Rate Mom 0.17 % Sep/20
CPI Transportation 129 Index Points Sep/20


Trade Indicators

Indicator Data Period
Current Account to GDP 8.9 % 2019
Balance of Trade 1760 KWD Million | 5.763 USD Billion 1Q/20
Capital Flows -7469 KWD Million | -24.456 B USD 2019
Current Account 1325 KWD Million | 4.338 USD Billion 3Q/19
Exports 4010 KWD Million | 13.13 USD Billion 1Q/20
Foreign Exchange Reserves 800 KWD Million | 2.619 USD Billion 2019
Imports 2250 KWD Million | 7.367 USD Billion 1Q/20
Tourism Revenues  936 USD Million | 0.936 B USD 2018
Tourist Arrivals 8508 Thousand Persons | 8.508 Million Persons 2018


Money Indicators

Indicator Data Period
Bank Lending Rate 4.67 % 1Q/20
Gold Reserves 78.97 Tonnes 3Q/20
Interbank Rate 1.56 % Dec/20
Interest Rate 1.5 % Sep/20
Loans to Private Sector 42074 KWD Million | 137.762 USD Billion Sep/20
Money Supply M1 12936 KWD Million | 42.356 USD Billion Sep/20
Money Supply M2 40509 KWD Million | 132.638 USD Billion Sep/20
Money Supply M3 40509 KWD Million | 132.638 USD Billion Sep/20
Central Bank Balance Sheet 13966 KWD Million | 45.729 B USD Sep/20
Deposit Interest Rate 1.9 % 2019
Foreign Direct Investment 234 KWD Million | 0.766 B USD 3Q/19


Labor Indicators

Indicator Data Period
Unemployment Rate 2.17 % 2019
Labor Force Participation Rate 74.8 % 2018


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 2290 BBL/D/1K Sep/20


Business Indicators

Indicator Data Period
Corruption Index 40 index points 2019
Corruption Rank 85 place 2019
Ease of Doing Business 83 place 2019
Competitiveness Index 65.1 Index Points 2019
Competitiveness Rank 46 2019


Consumer Indicators

Indicator Data Period
Consumer Spending 16643 KWD Million | 54.494 B USD 2018


Gold Reserves
gold_reserve_icon
78.97
Tonnes
#38 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
2.619
USD Billion
#114 from 114 countries


Government Budget Value
balance_icon
N/A
N/A
#N/A from N/A countries
Inflation Rate
inflation_icon
2
%
#102 from 174 countries


Interest Rate
discount_rate_icon
1.5
%
#98 from 159 countries
Bank Lending Rate
credit_rate_icon
4.67%
#24 from 55 countries


Unemployment Rate
unemployment_icon
2.17
%
#158 from 171 countries
Wages
salary_icon
N/A
N/A
#N/A from N/A countries