Kuwait recorded a Government Debt to GDP of 11.50 percent of the country's Gross Domestic Product in 2020. source: IMF

Government Debt to GDP in Kuwait averaged 32.64 percent from 1990 until 2020, reaching an all time high of 151.10 percent in 1991 and a record low of 1.09 percent in 1990. This page provides - Kuwait Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kuwait Government Debt to GDP - values, historical data and charts - was last updated on May of 2021.

Government Debt to GDP in Kuwait is expected to reach 29.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kuwait Government Debt to GDP is projected to trend around 32.00 percent in 2022, according to our econometric models.

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Kuwait Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
11.50 11.80 151.10 1.09 1990 - 2020 percent Yearly

Kuwait Government Last Previous Highest Lowest Unit
Government Debt to GDP 11.50 11.80 151.10 1.09 percent [+]
Government Budget -9.40 4.40 43.30 -151.31 percent of GDP [+]
Government Spending 9623.50 8940.80 9623.50 102.00 KWD Million [+]
Military Expenditure 7638.00 7296.00 25047.00 617.00 USD Million [+]
Credit Rating 85.00 [+]


Kuwait Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.