Fiscal Balance in Kuwait

Kuwait Fiscal Balance | Economic News & Forecasts

Kuwait - Fiscal Balance

There was a dual economic picture in the first quarter of the year. While the energy sector was likely held back by OPEC-agreed oil cuts, as reflected by falling oil production, the non-oil sector likely performed fairly well. Private-sector credit growth was brisk in January and February, which should have buoyed household spending despite a drop-off in consumer confidence in recent months. Moreover, recent data regarding government finances is encouraging; in the first 11 months of FY 2018 (April 2018-February 2019), the country recorded a small fiscal surplus. This comes after the economy lost steam in the fourth quarter of last year on the back of slowdowns in both the oil and non-oil sectors.

Kuwait - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)22.2  19.9  -10.9  -     -     

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


Kuwait Fiscal Balance Chart

Kuwait Fiscal
Note: Fiscal balance as % of GDP.
Source: Central Bank of Kuwait.

Kuwait Facts

Exchange Rate0.30-0.05 %May 13

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.


Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

    Search form