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Kuwait: Government deficit (% of GDP)

Percent of GDP · 1964–2024 · 55 observations · forecasts to 2031 · govdef_GDP

2024
26.0%percent of GDP
Change on 2023
−2.2 pointsfrom 28.2%
Average, 2015–2024
16.9%10 years
Record high and low
141.6% (1973)low −144.5% (1991)

Government deficit (% of GDP)

Report error
-150%-100%-50%0%50%100%150%1970198019902000201020202030KuwaitKuwait
ForecastPercent of GDP

Compare with other countries →Definition of Government deficit (% of GDP)

Recent values

Percent of GDP

YearValue
203128.7Forecast
203028.9Forecast
202929.1Forecast
202829.4Forecast
202729.5Forecast
202627.6Forecast
202528.4Forecast
202426.0
202328.2
202230.0
20219.99
20200.158
201913.0
201817.6
201715.3
201612.8
201516.3

Sources

This series is derived from other GMD variables.

Kuwait documentation (PDF)

More for Kuwait

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 71 series →

Government deficit (% of GDP) elsewhere

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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 →

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