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Kuwait

71 series · 1800–2025 · High income · Middle East & North Africa

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National accounts

VariableCodeCoverageLatest
Nominal GDPMillions of local currencynGDP1962–202547,975 (2025)
Nominal GDP (USD)Millions of US dollarsnGDP_USD1962–2025156,604 (2025)
Real GDPMillions of local currencyrGDP1950–202536,539 (2025)
Real GDP per capitaConstant local currency per personrGDP_pc1950–20257,510 (2025)
Real GDP (USD)Millions of US dollarsrGDP_USD1950–2025121,384 (2025)
DeflatorIndex, 2015 = 100deflator1962–2025131.3 (2025)
Real GDP per capita (USD)US dollars per personrGDP_pc_USD1950–202524,949 (2025)

Consumption and investment

VariableCodeCoverageLatest
Total consumptionMillions of local currencycons1962–202430,599 (2024)
Total consumption (% of GDP)Percent of GDPcons_GDP1962–202462.3 (2024)
Total consumption (USD)Millions of US dollarscons_USD1962–202499,784 (2024)
Household consumptionMillions of local currencyhcons1965–202418,584 (2024)
Household consumption (% of GDP)Percent of GDPhcons_GDP1965–202437.8 (2024)
Household consumption (USD)Millions of US dollarshcons_USD1965–202460,604 (2024)
Government consumptionMillions of local currencygcons1965–202412,015 (2024)
Government consumption (% of GDP)Percent of GDPgcons_GDP1965–202424.4 (2024)
Government consumption (USD)Millions of US dollarsgcons_USD1965–202439,181 (2024)
Gross capital formationMillions of local currencyinv1962–202410,402 (2024)
Gross capital formation (% of GDP)Percent of GDPinv_GDP1962–202421.2 (2024)
Gross capital formation (USD)Millions of US dollarsinv_USD1962–202433,921 (2024)
Gross fixed capital formationMillions of local currencyfinv1962–202410,669 (2024)
Gross fixed capital formation (% of GDP)Percent of GDPfinv_GDP1962–202421.7 (2024)
Gross fixed capital formation (USD)Millions of US dollarsfinv_USD1962–202434,792 (2024)

External sector

VariableCodeCoverageLatest
ExportsMillions of local currencyexports1954–202428,014 (2024)
Exports (% of GDP)Percent of GDPexports_GDP1962–202457.0 (2024)
Exports (USD)Millions of US dollarsexports_USD1954–202491,357 (2024)
ImportsMillions of local currencyimports1954–202419,875 (2024)
Imports (% of GDP)Percent of GDPimports_GDP1962–202440.4 (2024)
Imports (USD)Millions of US dollarsimports_USD1954–202464,814 (2024)
Current accountMillions of local currencyCA1975–202510,889 (2025)
Current account (% of GDP)Percent of GDPCA_GDP1975–202522.7 (2025)
USD exchange rateLocal currency per US dollarUSDfx1950–20250.306 (2025)
Real effective exchange rateIndex, 2015 = 100REER1972–2023105.5 (2023)
Current account (USD)Millions of US dollarsCA_USD1975–202535,545 (2025)

Government finances

VariableCodeCoverageLatest
Government expenditureMillions of local currencygovexp1964–202423,590 (2024)
General government expenditureMillions of local currencygen_govexp1985–202423,590 (2024)
General government expenditure (% of GDP)Percent of GDPgen_govexp_GDP1985–202448.0 (2024)
Central government expenditureMillions of local currencycgovexp1964–201517,926 (2015)
Central government expenditure (% of GDP)Percent of GDPcgovexp_GDP1964–201552.0 (2015)
Government revenueMillions of local currencygovrev1964–202436,382 (2024)
General government revenueMillions of local currencygen_govrev1985–202436,382 (2024)
Central government revenueMillions of local currencycgovrev1964–201513,314 (2015)
General government revenue (% of GDP)Percent of GDPgen_govrev_GDP1985–202474.0 (2024)
Central government revenue (% of GDP)Percent of GDPcgovrev_GDP1964–201538.6 (2015)
Government tax revenueMillions of local currencygovtax1980–2015476.0 (2015)
Central government tax revenueMillions of local currencycgovtax1980–2015476.0 (2015)
Central government tax revenue (% of GDP)Percent of GDPcgovtax_GDP1980–20151.38 (2015)
Government deficit (% of GDP)Percent of GDPgovdef_GDP1964–202426.0 (2024)
General government deficit (% of GDP)Percent of GDPgen_govdef_GDP1985–202426.0 (2024)
General government deficitMillions of local currencygen_govdef1985–202412,792 (2024)
Central government deficit (% of GDP)Percent of GDPcgovdef_GDP1964–2015-20.9 (2015)
Central government deficitMillions of local currencycgovdef1964–2015-7,222 (2015)
Government debt (% of GDP)Percent of GDPgovdebt_GDP1971–20242.91 (2024)
General government debt (% of GDP)Percent of GDPgen_govdebt_GDP1971–20242.91 (2024)
General government debtMillions of local currencygen_govdebt1971–20241,430 (2024)
Central government debt (% of GDP)Percent of GDPcgovdebt_GDP1987–20243.04 (2024)
Central government debtMillions of local currencycgovdebt1987–20241,492 (2024)
Government debtMillions of local currencygovdebt1971–20241,430 (2024)
Government deficitMillions of local currencygovdef1964–202412,792 (2024)
Government expenditure (% of GDP)Percent of GDPgovexp_GDP1964–202448.0 (2024)
Government revenue (% of GDP)Percent of GDPgovrev_GDP1964–202474.0 (2024)
Government tax revenue (% of GDP)Percent of GDPgovtax_GDP1980–20151.38 (2015)

Money and interest rates

VariableCodeCoverageLatest
Short-term interest ratePercentstrate1979–20253.81 (2025)
Central bank policy ratePercentcbrate1975–20253.50 (2025)
M0 (monetary base)Millions of local currencyM01960–20256,703 (2025)
M1Millions of local currencyM11961–20105,625 (2010)
M2Millions of local currencyM21961–201025,634 (2010)
M3Millions of local currencyM32001–202542,121 (2025)

Prices and labor markets

VariableCodeCoverageLatest
Consumer price indexIndex, 2015 = 100CPI1970–2025127.4 (2025)
InflationPercentinfl1970–20252.36 (2025)
PopulationMillions of peoplepop1800–20254.87 (2025)
Unemployment ratePercentunemp1983–20162.16 (2016)

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →