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. This page provides - Kuwait Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kuwait Government Budget Value - values, historical data and charts - was last updated on August of 2020.

Government Budget Value in Kuwait is expected to be -150.08 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 129.92 in 12 months time. In the long-term, the Kuwait Government Budget Value is projected to trend around 129.92 KWD Million in 2021, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Kuwait Government Budget Value

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

Kuwait Government Last Previous Highest Lowest Unit
Government Debt to GDP 14.80 20.70 151.10 1.09 percent [+]
Government Budget 11.40 6.60 43.30 -151.31 percent of GDP [+]
Government Spending 9623.50 9114.90 9623.50 102.00 KWD Million [+]
Credit Rating 88.00 [+]
Military Expenditure 7211.00 6765.00 24808.00 611.00 USD Million [+]


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.