Revenue, excluding grants in Kuwait
Kuwait: Revenue, excluding grants was 43.8% in 1998. ▼ Falling
Revenue, excluding grants in Kuwait, 1972–1998
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for revenue, excluding grants in Kuwait is 43.8%, measured in 1998.
Compared with earlier readings it is down 3.8% on the previous year and down 52.0% over ten years.
Over the whole period, revenue, excluding grants in Kuwait peaked at 91.2% in 1986 and was at its lowest, 8.4%, in 1991.
That places Kuwait 8th out of 157 countries with data for 1998, putting it in the top 10%.
The long-run direction has been consistently falling across the 22 years of available data.
Revenue, excluding grants in Kuwait, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1972 | 41.5% | — |
| 1973 | 43.3% | +4.2% |
| 1974 | 71.4% | +65.1% |
| 1977 | 73.8% | +3.3% |
| 1978 | 71.4% | -3.2% |
| 1979 | 53.3% | -25.4% |
| 1980 | 89.3% | +67.7% |
| 1981 | 90.7% | +1.5% |
| 1982 | 68.8% | -24.2% |
| 1983 | 68.1% | -0.9% |
| 1984 | 67.8% | -0.4% |
| 1985 | 58.8% | -13.3% |
| 1986 | 91.2% | +55.0% |
| 1990 | 58.7% | -35.6% |
| 1991 | 8.4% | -85.7% |
| 1992 | 10.0% | +19.9% |
| 1993 | 31.4% | +212.3% |
| 1994 | 34.5% | +10.0% |
| 1995 | 36.8% | +6.7% |
| 1996 | 35.4% | -3.9% |
| 1997 | 45.5% | +28.6% |
| 1998 | 43.8% | -3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 59.1% | 41.5% | 73.8% | 6 |
| 1980s | 76.4% | 58.8% | 91.2% | 7 |
| 1990s | 33.8% | 8.4% | 58.7% | 9 |
Countries ranked near Kuwait
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 capital formation (constant 2015 US$), annual growth rate -18.28 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1447 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 4,753 constant 2015 US$ per person (2024)
- Imports of goods and services (current US$), annual growth rate -3 % change on previous year (2024)
- Imports of goods and services (current US$), per unit of GDP 0.3824 current US$ per US$ of GDP (2024)
- Imports of goods and services (current US$), per capita 12,562 current US$ per person (2024)
- Imports of goods and services (current LCU), annual growth rate -3.16 % change on previous year (2024)
- Imports of goods and services (current LCU), per unit of GDP 0.1173 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is revenue, excluding grants in Kuwait?
- Revenue, excluding grants in Kuwait was 43.8% in 1998, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest revenue, excluding grants recorded in Kuwait?
- The highest recorded value was 91.2% in 1986.
- What is the lowest revenue, excluding grants recorded in Kuwait?
- The lowest recorded value was 8.4% in 1991.
- How does Kuwait rank for revenue, excluding grants?
- Kuwait ranks 8th out of 157 countries with data for 1998.
- Is revenue, excluding grants rising or falling in Kuwait?
- Over the last ten years it is down 52.0%. The long-run trend across the full record is falling.
- Where does this Kuwait data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Revenue, excluding grants (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.