Kuwait Interest Rate  1999-2018 | Data | Chart | Calendar | Forecast

The central bank of Kuwait kept its benchmark discount rate unchanged at 2.75 percent on December 14th 2017, after the US Federal Reserve hiked its fed funds rate by 25bps the day before. The bank said the current stance is consistent with recent data as the economy is going trough the recovery stage and the national currency needs to remain competitive. Kuwait has its currency pegged to a broader basket of currencies. Interest Rate in Kuwait averaged 3.78 percent from 1999 until 2017, 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 10167.40 10156.80 10576.90 1042.40 KWD Million [+]
Money Supply M2 37147.90 36723.20 37147.90 6378.20 KWD Million [+]
Money Supply M3 37147.90 36723.20 37147.90 6516.50 KWD Million [+]
Deposit Interest Rate 1.60 2.00 9.21 1.60 percent [+]
Loan Growth 2.80 3.60 43.80 0.60 percent [+]
Loans To Private Sector 37225.40 37243.40 37630.90 1456.20 KWD Million [+]
Interbank Rate 1.56 1.56 11.95 0.63 percent [+]
Reverse Repo Rate 1.50 1.25 5.87 0.75 percent [+]
Foreign Exchange Reserves -1100.00 826.00 826.00 -1159.00 KWD million [+]


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. 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 February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.75 2.75 7.25 2.00 1999 - 2018 percent Daily




interest rate by Country
Country Last
Turkey 8.00 Jan/18
Mexico 7.50 Feb/18
Russia 7.50 Feb/18
Brazil 6.75 Feb/18
India 6.00 Feb/18
China 4.35 Jan/18
Indonesia 4.25 Feb/18
Australia 1.50 Feb/18
South Korea 1.50 Jan/18
United States 1.50 Jan/18
Canada 1.25 Jan/18
United Kingdom 0.50 Feb/18
Euro Area 0.00 Jan/18
France 0.00 Jan/18
Germany 0.00 Jan/18
Italy 0.00 Jan/18
Netherlands 0.00 Jan/18
Spain 0.00 Jan/18
Japan -0.10 Jan/18
Switzerland -0.75 Jan/18


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