Government Spending in Kuwait increased to 10429 KWD Million in 2019 from 9620.80 KWD Million in 2018. source: Central Bank of Kuwait

Government Spending in Kuwait averaged 2972.36 KWD Million from 1964 until 2019, reaching an all time high of 10429.00 KWD Million in 2019 and a record low of 102.00 KWD Million in 1964. This page provides - Kuwait Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kuwait Government Spending - values, historical data and charts - was last updated on June of 2023.

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Kuwait Government Spending



Related Last Previous Unit Reference
Government Budget -0.50 -12.80 percent of GDP Dec 2021
Government Budget Value -431.90 86.00 KWD Million Dec 2015
Government Spending 10429.00 9620.80 KWD Million Dec 2019
Government Revenues 961.00 996.70 KWD Million Dec 2015
Fiscal Expenditure 1392.90 910.70 KWD Million Dec 2015

Kuwait Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.
Actual Previous Highest Lowest Dates Unit Frequency
10429.00 9620.80 10429.00 102.00 1964 - 2019 KWD Million Yearly
Current Prices, NSA