Africa's Development Dynamics (AfDD) Table 16 - Public finances in Kuwait
Kuwait: Africa's Development Dynamics (AfDD) Table 16 - Public finances was 48.68 Percentage of GDP in 2029. ▲ Rising
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Kuwait, 2000–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for africa's development dynamics (afdd) table 16 - public finances in Kuwait is 48.68 Percentage of GDP, measured in 2029.
That represents a change of up 0.2% on the previous year and down 3.8% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in Kuwait peaked at 64.56 Percentage of GDP in 2020 and was at its lowest, 28.51 Percentage of GDP, in 2005.
That places Kuwait 12th out of 166 countries with data for 2029, putting it in the top 10%.
The long-run direction has been consistently rising across the 30 years of available data.
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Kuwait, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 29.33 Percentage of GDP | — |
| 2001 | 40.72 Percentage of GDP | +38.8% |
| 2002 | 42.12 Percentage of GDP | +3.5% |
| 2003 | 37.67 Percentage of GDP | -10.6% |
| 2004 | 34.92 Percentage of GDP | -7.3% |
| 2005 | 28.51 Percentage of GDP | -18.4% |
| 2006 | 32.05 Percentage of GDP | +12.4% |
| 2007 | 30.23 Percentage of GDP | -5.7% |
| 2008 | 40.69 Percentage of GDP | +34.6% |
| 2009 | 42.64 Percentage of GDP | +4.8% |
| 2010 | 45.28 Percentage of GDP | +6.2% |
| 2011 | 39.54 Percentage of GDP | -12.7% |
| 2012 | 38.04 Percentage of GDP | -3.8% |
| 2013 | 38.34 Percentage of GDP | +0.8% |
| 2014 | 44.91 Percentage of GDP | +17.1% |
| 2015 | 55.23 Percentage of GDP | +23.0% |
| 2016 | 53.98 Percentage of GDP | -2.3% |
| 2017 | 51.52 Percentage of GDP | -4.5% |
| 2018 | 50.8 Percentage of GDP | -1.4% |
| 2019 | 50.62 Percentage of GDP | -0.3% |
| 2020 | 64.56 Percentage of GDP | +27.5% |
| 2021 | 50.33 Percentage of GDP | -22.0% |
| 2022 | 39.61 Percentage of GDP | -21.3% |
| 2023 | 50.8 Percentage of GDP | +28.2% |
| 2024 | 50.39 Percentage of GDP | -0.8% |
| 2025 | 48.79 Percentage of GDP | -3.2% |
| 2026 | 48.57 Percentage of GDP | -0.4% |
| 2027 | 48.49 Percentage of GDP | -0.2% |
| 2028 | 48.6 Percentage of GDP | +0.2% |
| 2029 | 48.68 Percentage of GDP | +0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 35.89 Percentage of GDP | 28.51 Percentage of GDP | 42.64 Percentage of GDP | 10 |
| 2010s | 46.83 Percentage of GDP | 38.04 Percentage of GDP | 55.23 Percentage of GDP | 10 |
| 2020s | 49.88 Percentage of GDP | 39.61 Percentage of GDP | 64.56 Percentage of GDP | 10 |
Countries ranked near Kuwait
- 9 Luxembourg 50.23 Percentage of GDP compare
- 10 Italy 50 Percentage of GDP compare
- 10 Latvia 38.69 Percentage of GDP compare
- 11 Denmark 49.73 Percentage of GDP compare
- 12 Lithuania 36.84 Percentage of GDP compare
- 13 Sweden 48.6 Percentage of GDP compare
- 14 Germany 47.78 Percentage of GDP compare
- 15 Libya 47.37 Percentage of GDP compare
More economy & growth data for Kuwait
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.61 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current US$), annual growth -2.44 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 1.07 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 34,736 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth -2.51 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.3294 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 10,645 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 2.63 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.8558 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in Kuwait?
- Africa's development dynamics (afdd) table 16 - public finances in Kuwait was 48.68 Percentage of GDP in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 16 - public finances recorded in Kuwait?
- The highest recorded value was 64.56 Percentage of GDP in 2020.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in Kuwait?
- The lowest recorded value was 28.51 Percentage of GDP in 2005.
- How does Kuwait rank for africa's development dynamics (afdd) table 16 - public finances?
- Kuwait ranks 12th out of 166 countries with data for 2029.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in Kuwait?
- Over the last ten years it is down 3.8%. The long-run trend across the full record is rising.
- Where does this Kuwait data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 16 - Public finances — General government expenditure. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 16 shows data on public finance, including taxes, revenues, expenditure, and debt. Some of these figures are not available at the national level, but only for aggregations of groups of countries.