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Kuwait Fiscal Balance
26% GDPas of 2024
Kuwait's fiscal balance stands at 26% GDP as of 2024. The indicator has decreased from 29.8% in 2014 to 26% in 2024. Source: IMF WEO.
Historical trend (2014–2024)
Fiscal Balance — Year by Year
| Year | Value | Change |
|---|---|---|
| 2014 | 29.8% GDP | — |
| 2015 | 16.3% GDP | -13.5pp |
| 2016 | 12.8% GDP | -3.5pp |
| 2017 | 15.3% GDP | +2.5pp |
| 2018 | 17.6% GDP | +2.3pp |
| 2019 | 13% GDP | -4.6pp |
| 2020 | 0.2% GDP | -12.8pp |
| 2021 | 10% GDP | +9.8pp |
| 2022 | 30% GDP | +20.0pp |
| 2023 | 28.2% GDP | -1.8pp |
| 2024 | 26% GDP | -2.2pp |
Source: IMF WEO. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.