Kuwait Interest Rate  1999-2017 | Data | Chart | Calendar | Forecast

Central Bank of Kuwait raised its discount rate by 25 bps to 2.75 percent on March 15th, 2017, after the US Federal Reserve hiked key rate. The decision reflects CBK’s efforts to ensure the continued competitiveness and attractiveness of the national currency as a store of domestic savings, which constitute a major source of funding provided by the local banking and financial units to the various sectors of the national economy and thus maintain a supporting environment for sustainable economic growth and development. Interest Rate in Kuwait averaged 3.84 percent from 1999 until 2016, reaching an all time high of 7.25 percent in April of 2000 and a record low of 2 percent in October of 2012.

Kuwait Interest Rate
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Kuwait Money Last Previous Highest Lowest Unit
Interest Rate 2.75 2.75 7.25 2.00 percent [+]
Money Supply M1 10309.10 9632.50 10309.10 1042.40 KWD Million [+]
Money Supply M2 36704.20 35734.30 36704.20 6378.20 KWD Million [+]
Money Supply M3 36721.00 35578.80 36721.00 6516.50 KWD Million [+]
Deposit Interest Rate 1.60 2.00 9.21 1.60 percent [+]
Reverse Repo Rate 1.00 1.00 5.87 0.75 percent [+]
Interbank Rate 1.56 1.56 11.95 0.63 percent [+]
Loan Growth 3.60 2.90 43.80 0.60 percent [+]
Loans To Private Sector 36921.60 36268.10 36921.60 1456.20 KWD Million [+]
Foreign Exchange Reserves 826.00 -354.00 826.00 -1159.00 KWD million [+]


Kuwait Interest Rate Notes

In Kuwait, interest rate decisions are taken by the Central Bank of Kuwait's Board of Directors. The official interest rate is the discount rate. This page provides the latest reported value for - Kuwait Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Kuwait Interest Rate - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.75 2.75 7.25 2.00 1999 - 2017 percent Daily



interest rate by Country

Last
Brazil 11.25 Apr/17
Russia 9.25 Apr/17
Turkey 8.00 Apr/17
Mexico 6.75 May/17
India 6.25 Apr/17
Indonesia 4.75 May/17
China 4.35 Apr/17
Australia 1.50 May/17
South Korea 1.25 May/17
United States 1.00 May/17
Canada 0.50 May/17
United Kingdom 0.25 May/17
Euro Area 0.00 May/17
France 0.00 May/17
Germany 0.00 May/17
Italy 0.00 May/17
Netherlands 0.00 May/17
Spain 0.00 May/17
Japan -0.10 Apr/17
Switzerland -0.75 May/17