The benchmark interest rate in Kuwait was last recorded at 1.50 percent. source: Central Bank of Kuwait

Interest Rate in Kuwait averaged 3.52 percent from 1999 until 2021, reaching an all time high of 7.25 percent in April of 2000 and a record low of 1.50 percent in March of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Interest Rate in Kuwait is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kuwait Interest Rate is projected to trend around 2.00 percent in 2022 and 2.25 percent in 2023, according to our econometric models.

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Kuwait Interest Rate


Calendar GMT Actual Previous Consensus TEForecast
2019-12-11 08:00 PM 2.75% 2.75% 2.75%
2020-03-04 11:00 AM 2.5% 2.75%
2020-03-16 10:10 AM 1.5% 2.5%


Kuwait Last Unit Reference Previous Highest Lowest
Interest Rate 1.50 percent Oct/21 1.50 7.25 1.50
Interbank Rate 1.56 percent Oct/21 1.56 11.95 0.63
Money Supply M1 12711.70 KWD Million Aug/21 12576.30 13097.90 1042.40
Money Supply M2 38885.70 KWD Million Aug/21 38799.00 40508.60 6378.20
Money Supply M3 38885.70 KWD Million Aug/21 38799.00 40508.60 6516.50
Reverse Repo Rate 0.88 percent Aug/21 0.88 5.87 0.75
Loans To Private Sector 43323.40 KWD Million Aug/21 43033.40 43323.40 1456.20
Loan Growth 3.73 percent Aug/21 3.51 43.80 0.60
Central Bank Balance Sheet 12740.30 KWD Million Aug/21 12592.40 14063.90 1046.40
Banks Balance Sheet 75564.00 KWD Million Aug/21 73866.40 75564.00 9942.20
Foreign Exchange Reserves -2451.00 KWD million Dec/20 800.00 826.00 -2451.00


Kuwait Interest Rate
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.