Revenue from corporate income taxes as a share of GDP in Kuwait
Kuwait: Revenue from corporate income taxes as a share of GDP was 0.4% in 1998. ◆ Volatile
Revenue from corporate income taxes as a share of GDP in Kuwait, 1980–1998
Source: International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for revenue from corporate income taxes as a share of gdp in Kuwait is 0.4%, measured in 1998.
The figure is up 68.9% on the previous year and up 51.3% over ten years.
Over the whole period, revenue from corporate income taxes as a share of gdp in Kuwait peaked at 2.2% in 1981 and was at its lowest, 0.1%, in 1992.
That places Kuwait 161st out of 163 countries with data for 1998, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Revenue from corporate income taxes as a share of GDP in Kuwait, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 1.7% | — |
| 1981 | 2.2% | +27.7% |
| 1982 | 1.5% | -33.1% |
| 1983 | 1.5% | +3.3% |
| 1984 | 1.4% | -9.4% |
| 1985 | 0.5% | -60.4% |
| 1986 | 0.6% | +2.7% |
| 1987 | 0.3% | -51.1% |
| 1988 | 0.2% | -11.1% |
| 1989 | 0.2% | -7.6% |
| 1990 | 0.3% | +34.1% |
| 1991 | 0.1% | -78.7% |
| 1992 | 0.1% | -19.4% |
| 1993 | 0.2% | +302.9% |
| 1994 | 0.5% | +122.1% |
| 1995 | 0.3% | -38.5% |
| 1996 | 0.1% | -47.6% |
| 1997 | 0.2% | +46.3% |
| 1998 | 0.4% | +68.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.0% | 0.2% | 2.2% | 10 |
| 1990s | 0.2% | 0.1% | 0.5% | 9 |
Countries ranked near Kuwait
- 158 Madagascar 0.7% compare
- 159 Sudan 0.6% compare
- 160 Guinea-Bissau 0.6% compare
- 162 Palestine, State of 0.2%
- 163 Bahrain 0.1% 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)
- Exports of goods and services (current LCU), annual growth rate -6.19 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 0.171 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 5,618 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate -3.2 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.366 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 12,026 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate -10.36 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.1675 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is revenue from corporate income taxes as a share of gdp in Kuwait?
- Revenue from corporate income taxes as a share of gdp in Kuwait was 0.4% in 1998, according to International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data.
- What is the highest revenue from corporate income taxes as a share of gdp recorded in Kuwait?
- The highest recorded value was 2.2% in 1981.
- What is the lowest revenue from corporate income taxes as a share of gdp recorded in Kuwait?
- The lowest recorded value was 0.1% in 1992.
- How does Kuwait rank for revenue from corporate income taxes as a share of gdp?
- Kuwait ranks 161st out of 163 countries with data for 1998.
- Is revenue from corporate income taxes as a share of gdp rising or falling in Kuwait?
- Over the last ten years it is up 51.3%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data, published as part of Revenue from corporate income taxes as a share of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Corporate income taxes include natural resources taxes.