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.