Kuwait
Government debt in Kuwait
Government debt in Kuwait: 45.3% of GDP in 1991 and 2.9% of GDP in 2024, by IMF estimates.
- Latest, 2024
- 2.9% of GDP
- Since 1991
- −42.4 percentage points
- Projected, 2031
- 37.8% of GDP
- IMF projection (World Economic Outlook, October 2026)
% of GDP · IMF
What the numbers say
- The IMF projection (World Economic Outlook, October 2026) puts it at 37.8% of GDP in 2031.
Every year
% of GDP · IMF
| Year | Kuwait |
|---|---|
| 2024 | 2.9 |
| 2023 | 3.1 |
| 2022 | 3 |
| 2021 | 7.2 |
| 2020 | 10.2 |
| 2019 | 10.5 |
| 2018 | 14.3 |
| 2017 | 19.6 |
| 2016 | 9.9 |
| 2015 | 4.6 |
| 2014 | 3.4 |
| 2013 | 3.1 |
| 2012 | 3.6 |
| 2011 | 4.6 |
| 2010 | 6.2 |
| 2009 | 6.7 |
| 2008 | 5.4 |
| 2007 | 7 |
| 2006 | 7.8 |
| 2005 | 10.2 |
| 2004 | 13.9 |
| 2003 | 17.3 |
| 2002 | 21.3 |
| 2001 | 23 |
| 2000 | 21.4 |
| 1999 | 25.5 |
| 1998 | 25.6 |
| 1997 | 24.3 |
| 1996 | 26.5 |
| 1995 | 34.9 |
| 1994 | 37.7 |
| 1993 | 28.8 |
| 1992 | 27.9 |
| 1991 | 45.3 |
IMF projection (World Economic Outlook, October 2026) · 2025–2031
| Year | Kuwait |
|---|---|
| 2025 | 14.7 |
| 2026 | 26.6 |
| 2027 | 28.5 |
| 2028 | 31.8 |
| 2029 | 34.7 |
| 2030 | 36.5 |
| 2031 | 37.8 |
Good to know
- What the government owes, as a share of the economy’s yearly output.
- Source: IMF, World Economic Outlook, October 2026.
- The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
How the layers work, where their data comes from and what they can’t tell you: Countries through time
Kuwait in numbers
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Military
- Military spending4.69% of GDP in 2025
- Military spending in US dollars$7.92B in 2025
- Military spending per person$1,623 in 2025
- Military share of state spending10.1% of government spending in 2025
- Armed forces personnel25,000 people in 2020
- National power0.2% of world capability in 2022
- Armed forces, share of workers1.03% of the labour force in 2020
- Arms imports311 million TIV in 2025
- Arms exports95 million TIV in 1998