Kuwait Government Budget ValueJune 2022 Data - 1993-2021 Historical - July Forecast

Name: Kuwait Government Budget Value
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Kuwait,Government Budget Value,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Kuwait recorded a government budget deficit of 431.90 KWD Million in December of 2015. source: Central Bank Of Kuwait

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 July of 2022.

Government Budget Value in Kuwait is expected to be 129.92 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 2022, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Government Budget	-9.40	4.40	percent of GDP	Dec 2020
Government Budget Value	-431.90	86.00	KWD Million	Dec 2015
Government Spending	10429.00	9623.50	KWD Million	Dec 2019
Government Revenues	961.00	996.70	KWD Million	Dec 2015
Fiscal Expenditure	1392.90	910.70	KWD Million	Dec 2015

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.