Taxes less subsidies on products (current LCU), per unit of GDP (unit) in Kuwait
Kuwait: Taxes less subsidies on products (current LCU), per unit of GDP (unit) was -0.023 current LCU per US$ of GDP in 2025. ◆ Volatile
Taxes less subsidies on products (current LCU), per unit of GDP in Kuwait, 1995–2025
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for taxes less subsidies on products (current lcu), per unit of gdp in Kuwait is -0.023 current LCU per US$ of GDP, measured in 2025.
That represents a change of up 2.1% on the previous year and up 9.0% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), per unit of gdp in Kuwait peaked at 0.0028 current LCU per US$ of GDP in 2003 and was at its lowest, -0.0253 current LCU per US$ of GDP, in 2015.
That places Kuwait 195th out of 197 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current LCU), per unit of GDP (unit) in Kuwait, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1995 | -0.0036 current LCU per US$ of GDP | — |
| 1996 | -0.0038 current LCU per US$ of GDP | +7.2% |
| 1997 | -0.0072 current LCU per US$ of GDP | +89.0% |
| 1998 | -0.0116 current LCU per US$ of GDP | +61.0% |
| 1999 | -0.012 current LCU per US$ of GDP | +3.4% |
| 2000 | 0.002 current LCU per US$ of GDP | -117.0% |
| 2001 | 0.0024 current LCU per US$ of GDP | +17.8% |
| 2002 | 0.0025 current LCU per US$ of GDP | +5.7% |
| 2003 | 0.0028 current LCU per US$ of GDP | +11.1% |
| 2004 | 0.0027 current LCU per US$ of GDP | -3.7% |
| 2005 | 0.0021 current LCU per US$ of GDP | -20.9% |
| 2006 | 0.0018 current LCU per US$ of GDP | -14.4% |
| 2007 | 0.0019 current LCU per US$ of GDP | +2.3% |
| 2008 | 0.0015 current LCU per US$ of GDP | -21.7% |
| 2009 | 0.0019 current LCU per US$ of GDP | +26.1% |
| 2010 | -0.0236 current LCU per US$ of GDP | -1369.0% |
| 2011 | -0.0217 current LCU per US$ of GDP | -8.0% |
| 2012 | -0.0232 current LCU per US$ of GDP | +7.1% |
| 2013 | -0.0216 current LCU per US$ of GDP | -6.8% |
| 2014 | -0.0251 current LCU per US$ of GDP | +16.1% |
| 2015 | -0.0253 current LCU per US$ of GDP | +0.6% |
| 2016 | -0.0192 current LCU per US$ of GDP | -24.1% |
| 2017 | -0.0183 current LCU per US$ of GDP | -4.3% |
| 2018 | -0.0184 current LCU per US$ of GDP | +0.3% |
| 2019 | -0.0199 current LCU per US$ of GDP | +8.3% |
| 2020 | -0.0243 current LCU per US$ of GDP | +21.8% |
| 2021 | -0.0178 current LCU per US$ of GDP | -26.7% |
| 2022 | -0.0175 current LCU per US$ of GDP | -1.7% |
| 2023 | -0.0216 current LCU per US$ of GDP | +23.4% |
| 2024 | -0.0235 current LCU per US$ of GDP | +8.7% |
| 2025 | -0.023 current LCU per US$ of GDP | -2.1% |
Kuwait compared with similar countries
- Kuwait's -0.023 current LCU per US$ of GDP is below the median for high income countries, which is 0.1155 current LCU per US$ of GDP. (74 countries reporting)
- Kuwait's -0.023 current LCU per US$ of GDP is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.2632 current LCU per US$ of GDP. (20 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (current LCU), per unit of GDP (unit) in Kuwait changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | -1369.0% | 0.0019 current LCU per US$ of GDP | -0.0236 current LCU per US$ of GDP |
| 2000 | +117.0% | -0.012 current LCU per US$ of GDP | 0.002 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.0076 current LCU per US$ of GDP | -0.012 current LCU per US$ of GDP | -0.0036 current LCU per US$ of GDP | 5 |
| 2000s | 0.0022 current LCU per US$ of GDP | 0.0015 current LCU per US$ of GDP | 0.0028 current LCU per US$ of GDP | 10 |
| 2010s | -0.0216 current LCU per US$ of GDP | -0.0253 current LCU per US$ of GDP | -0.0183 current LCU per US$ of GDP | 10 |
| 2020s | -0.0213 current LCU per US$ of GDP | -0.0243 current LCU per US$ of GDP | -0.0175 current LCU per US$ of GDP | 6 |
Countries ranked near Kuwait
- 192 Oman -0.0021 current LCU per US$ of GDP compare
- 193 Brunei Darussalam -0.0186 current LCU per US$ of GDP compare
- 194 Timor-Leste, Democratic Republic of -0.0186 current LCU per US$ of GDP compare
- 196 Kiribati -0.0305 current LCU per US$ of GDP compare
- 197 Libya -0.0882 current LCU per US$ of GDP compare
More economy & growth data for Kuwait
- Real gdp growth, annual growth rate 10.23 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.56 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0284 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 916.14 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.517 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0207 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 668.96 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.97 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), per unit of gdp in Kuwait?
- Taxes less subsidies on products (current lcu), per unit of gdp in Kuwait was -0.023 current LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), per unit of gdp recorded in Kuwait?
- The highest recorded value was 0.0028 current LCU per US$ of GDP in 2003.
- What is the lowest taxes less subsidies on products (current lcu), per unit of gdp recorded in Kuwait?
- The lowest recorded value was -0.0253 current LCU per US$ of GDP in 2015.
- How does Kuwait rank for taxes less subsidies on products (current lcu), per unit of gdp?
- Kuwait ranks 195th out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current lcu), per unit of gdp rising or falling in Kuwait?
- Over the last ten years it is up 9.0%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current LCU) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.