Taxes less subsidies on products in Kuwait
Kuwait: Taxes less subsidies on products was -3.61 billion current LCU in 2025. ◆ Volatile
Taxes less subsidies on products in Kuwait, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, taxes less subsidies on products in Kuwait stood at -3.61 billion current LCU.
Compared with earlier readings it is up 4.3% on the previous year and down 24.8% over ten years.
Over the whole period, taxes less subsidies on products in Kuwait peaked at 217.10 million current LCU in 2008 and was at its lowest, -4.09 billion current LCU, in 2014.
That places Kuwait 196th 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 in Kuwait, year by year
| Year | current LCU | Change |
|---|---|---|
| 1995 | -96.80 million current LCU | — |
| 1996 | -120.20 million current LCU | +24.2% |
| 1997 | -218.90 million current LCU | +82.1% |
| 1998 | -301.30 million current LCU | +37.6% |
| 1999 | -361.70 million current LCU | +20.0% |
| 2000 | 77.00 million current LCU | -121.3% |
| 2001 | 83.90 million current LCU | +9.0% |
| 2002 | 96.90 million current LCU | +15.5% |
| 2003 | 135.10 million current LCU | +39.4% |
| 2004 | 161.50 million current LCU | +19.5% |
| 2005 | 173.60 million current LCU | +7.5% |
| 2006 | 186.80 million current LCU | +7.6% |
| 2007 | 215.70 million current LCU | +15.5% |
| 2008 | 217.10 million current LCU | +0.6% |
| 2009 | 196.80 million current LCU | -9.4% |
| 2010 | -2.72 billion current LCU | -1482.1% |
| 2011 | -3.34 billion current LCU | +22.7% |
| 2012 | -4.04 billion current LCU | +21.0% |
| 2013 | -3.77 billion current LCU | -6.7% |
| 2014 | -4.09 billion current LCU | +8.4% |
| 2015 | -2.89 billion current LCU | -29.1% |
| 2016 | -2.10 billion current LCU | -27.5% |
| 2017 | -2.21 billion current LCU | +5.5% |
| 2018 | -2.55 billion current LCU | +15.2% |
| 2019 | -2.81 billion current LCU | +10.1% |
| 2020 | -2.70 billion current LCU | -4.0% |
| 2021 | -2.64 billion current LCU | -2.0% |
| 2022 | -3.21 billion current LCU | +21.6% |
| 2023 | -3.57 billion current LCU | +11.3% |
| 2024 | -3.78 billion current LCU | +5.7% |
| 2025 | -3.61 billion current LCU | -4.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -219.78 million current LCU | -361.70 million current LCU | -96.80 million current LCU | 5 |
| 2000s | 154.44 million current LCU | 77.00 million current LCU | 217.10 million current LCU | 10 |
| 2010s | -3.05 billion current LCU | -4.09 billion current LCU | -2.10 billion current LCU | 10 |
| 2020s | -3.25 billion current LCU | -3.78 billion current LCU | -2.64 billion current LCU | 6 |
Countries ranked near Kuwait
- 193 Timor-Leste -34.79 million current LCU compare
- 194 Oman -228.64 million current LCU compare
- 195 Brunei Darussalam -279.94 million current LCU compare
- 197 Libya -4.24 billion current LCU 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)
- GNI (current LCU), annual growth rate -2.06 % change on previous year (2024)
- GNI (current LCU), per unit of GDP 0.3698 current LCU per US$ of GDP (2024)
- GNI (current LCU), per capita 12,148 current LCU per person (2024)
- Net primary income (Net income from abroad) (current US$), annual 2.48 % change on previous year (2024)
- Net primary income (Net income from abroad) (current LCU), annual 2.32 % change on previous year (2024)
- Taxes less subsidies on products (current US$), annual growth rate 4.27 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP -0.075 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita -2,423 current US$ per person (2025)
Frequently asked questions
- What is taxes less subsidies on products in Kuwait?
- Taxes less subsidies on products in Kuwait was -3.61 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Kuwait?
- The highest recorded value was 217.10 million current LCU in 2008.
- What is the lowest taxes less subsidies on products recorded in Kuwait?
- The lowest recorded value was -4.09 billion current LCU in 2014.
- How does Kuwait rank for taxes less subsidies on products?
- Kuwait ranks 196th out of 197 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in Kuwait?
- Over the last ten years it is down 24.8%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.