Kuwait recorded a Government Budget deficit equal to 9.40 percent of the country's Gross Domestic Product in 2020. source: Central Bank of Kuwait
Government Budget in Kuwait averaged 7.58 percent of GDP from 1990 until 2020, reaching an all time high of 43.30 percent of GDP in 2005 and a record low of -151.31 percent of GDP in 1991. This page provides - Kuwait Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kuwait Government Budget - values, historical data and charts - was last updated on July of 2022.
Government Budget in Kuwait is expected to reach 2.50 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kuwait Government Budget is projected to trend around 1.50 percent of GDP in 2022, according to our econometric models.