Kuwait recorded a government budget deficit of 431.90 KWD Million in December of 2015. Government Budget Value in Kuwait averaged 410.31 KWD Million from 1993 until 2015, reaching an all time high of 2819.60 KWD Million in April of 2012 and a record low of -6419.30 KWD Million in March of 2015.

Government Budget Value in Kuwait is expected to be -796.00 KWD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Kuwait to stand at -350.55 in 12 months time. In the long-term, the Kuwait Government Budget Value is projected to trend around 102.00 KWD Million in 2020, according to our econometric models.

Kuwait Government Budget Value
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Kuwait Government Last Previous Highest Lowest Unit
Government Debt to GDP 27.10 18.50 203.36 1.09 percent [+]
Government Budget 6.60 0.63 43.30 -151.31 percent of GDP [+]
Government Spending 9114.90 8688.50 9114.90 102.00 KWD Million [+]
Military Expenditure 6692.89 6446.74 24390.71 600.44 USD Million [+]
Credit Rating 90.00 [+]


Kuwait Government Budget Value

The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Kuwait Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kuwait Government Budget Value - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-431.90 86.00 2819.60 -6419.30 1993 - 2015 KWD Million Monthly
Current Prices, NSA




Country Last Previous
Argentina -16585.90 Oct/18
Australia 999.00 Oct/18
Brazil -6107.00 Oct/18
Canada -1356.00 Sep/18
China -357.10 Sep/18
France -86.98 Oct/18
Germany 36.06 Jun/18
India -6485.83 Oct/18
Indonesia -347356.70 Dec/17
Italy -33.82 Sep/18
Japan -113831.00 Jun/18
Mexico 35850.40 Oct/18
Netherlands -8.90 Sep/18
Russia 3022.14 Oct/18
Saudi Arabia -238494.00 Dec/17
Singapore 1826.60 Sep/18
South Africa -37930.00 Oct/18
South Korea 14031.00 Sep/18
Spain -8384.00 Oct/18
Switzerland 1373.00 Dec/18
Turkey -8515327.00 Oct/18
United Kingdom -3357.00 Oct/18
United States -100000.00 Oct/18


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