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Kuwait
Kuwait ( ; Arabic: الكويت al-Kuwayt, Gulf Arabic pronunciation: [ɪl‿ɪkweːt] or [lɪkweːt]), officially the State of Kuwait (Arabic: دولة الكويت ), is a country in the Middle East. It is situated in the northern edge of Eastern Arabia at the tip of the Persian Gulf, bordering Iraq to the north and Saudi Arabia to the south. Kuwait also shares maritime borders with Iran. Kuwait has a coastal length of approximately 500 km (311 mi). Most of the country's population reside in the urban agglomeration of the capital and largest city Kuwait City. As of 2022, Kuwait has a population of 4.45 million people of which 1.45 million are Kuwaiti citizens while the remaining 3.00 million are foreign nationals from over 100 countries.
Historically, most of present-day Kuwait was part of ancient Mesopotamia. Before the discovery of oil, Kuwait was a strategic trade port between Mesopotamia, Persia and India. Oil reserves were discovered in commercial quantities in 1938. In 1946, crude oil was exported for the first time. From 1946 to 1982, the country underwent large-scale modernization, largely based on income from oil production. In the 1980s, Kuwait experienced a period of geopolitical instability and an economic crisis ... [More]

- Last : 3.7843
- High : 3.7847
- Low : 3.783
- Max Fluctuation : -
- Max Fluctuation % : -
- Open : 3.7843
- Time : 00:54:46
- Yesterday :
- Change % : INF%
- Change : 3.7843

- Last : 0.3088 (KWD)
- High : 0.3094
- Low : 0.3088
- Max Fluctuation : -
- Max Fluctuation % : -
- Open : -
- Time : 19:11:24
- Yesterday :
- Change % : INF%
- Change : 0.3088

- Last : 0.3332 (KWD)
- High : 0.3338
- Low : 0.3329
- Max Fluctuation : -
- Max Fluctuation % : -
- Open : -
- Time : 20:16:30
- Yesterday :
- Change % : INF%
- Change : 0.3332
Kuwait Currency Markets
Kuwait Indices
Kuwait Stocks
Economic Indicators + Forecasts
Actual
Forecast
Indicator | Last | Time | Previous | Metric |
---|---|---|---|---|
Balance of Trade |
3245 | 25.3 | 4020 | 7066 |
Bank Lending Rate |
4.85 | 3.6 | 4.71 | 9.1 |
Banks Balance Sheet |
86414 | 9942 | 85428 | 86414 |
CPI Transportation |
143 | 102 | 142 | 143 |
Capital Flows |
-19826 | -22336 | -12091 | 1633 |
Central Bank Balance Sheet |
12657 | 1046 | 13297 | 14781 |
Competitiveness Index |
65.1 | 19 Dec | 62.14 | Points |
Competitiveness Rank |
46 | 19 Dec | 54 | |
Consumer Price Index CPI |
131 | 65.3 | 131 | 131 |
Consumer Spending |
17100 | 198 | 16593 | 17100 |
Coronavirus Cases |
665885 | 0 | 665851 | 665885 |
Coronavirus Deaths |
2570 | 0 | 2569 | 2570 |
Coronavirus Vaccination Rate |
194 | 0.06 | 193 | 194 |
Coronavirus Vaccination Total |
8260099 | 2500 | 8260050 | 8260099 |
Corporate Tax Rate |
15 | 15 | 15 | 55 |
Corruption Index |
42 | 39 | 43 | 53 |
Corruption Rank |
77 | 35 | 73 | 85 |
Credit Rating |
81 | 23 Jul | ||
Crude Oil Production |
2548 | 0 | 2548 | 3768 |
Crude Oil Rigs |
24 | 1 | 22 | 47 |
Currency |
0.31 | 0.26 | 0.31 | 0.32 |
Current Account |
3728 | -908 | 3251 | 18142 |
Current Account to GDP |
28.5 | -242 | 23.7 | 54.57 |
Deposit Interest Rate |
1.6 | 1.4 | 1.4 | 9.21 |
Ease of Doing Business |
83 | 19 Dec | 97 | |
Exports |
6116 | 648 | 6619 | 8855 |
Food Inflation |
5.71 | -1.6 | 5.68 | 14.2 |
Foreign Direct Investment |
137 | -126 | 286 | 721 |
Foreign Exchange Reserves |
42022 | 23.2 | 42555 | 46924 |
GDP |
185 | 1.83 | 137 | 185 |
GDP Annual Growth Rate |
8.7 | -20.62 | 1.3 | 33.99 |
GDP Constant Prices |
9011 | 20 Dec | 8608 | KWD Million |
GDP Growth Rate |
4.7 | 20 Dec | 0.4 | percent |
GDP per capita |
26788 | 22581 | 24872 | 41161 |
GDP per capita PPP |
49169 | 41447 | 45652 | 75551 |
Gasoline Prices |
0.28 | 0.17 | 0.27 | 0.28 |
Gold Reserves |
78.97 | 13 | 78.97 | 105 |
Government Budget |
11.6 | -151 | 2.3 | 43.3 |
Government Debt to GDP |
2.9 | 1.09 | 8.7 | 151 |
Government Spending |
10429 | 19 Dec | 9621 | KWD Million |
Gross Fixed Capital Formation |
10345 | 96 | 10561 | 10561 |
IP Addresses |
126534 | 17 Mar | 135358 | IP |
Imports |
2871 | 440 | 2599 | 2871 |
Inflation Rate |
3.8 | -1.15 | 3.7 | 11.7 |
Inflation Rate Mom |
0.4 | -0.8 | 0.3 | 2.2 |
Interbank Rate |
1.56 | 0.63 | 1.56 | 11.95 |
Interest Rate |
4.25 | 1.5 | 4.25 | 7.25 |
Internet Speed |
7920 | 17 Mar | 9026 | KBps |
Labor Force Participation Rate |
71.5 | 64.8 | 70.37 | 73.28 |
Loan Growth |
3.35 | 0.6 | 2.75 | 43.8 |
Loans to Private Sector |
45225 | 1456 | 44855 | 47081 |
Military Expenditure |
8244 | 22 Dec | 9024 | USD Million |
Money Supply M1 |
10990 | 1042 | 10811 | 13434 |
Money Supply M2 |
39339 | 6378 | 39058 | 41530 |
Money Supply M3 |
39339 | 6516 | 39058 | 41732 |
Personal Income Tax Rate |
0 | 0 | 0 | 0 |
Population |
4.22 | 0.31 | 4.34 | 4.46 |
Producer Prices |
147 | 80.4 | 146 | 147 |
Remittances |
1220 | 943 | 1168 | 1495 |
Reverse Repo Rate |
3.88 | 0.75 | 3.88 | 5.87 |
Stock Market |
6655 | 4340 | 6655 | 8472 |
Terrorism Index |
0 | 0 | 0.16 | 5.58 |
Tourism Revenues |
526 | 286 | 1198 | 1198 |
Tourist Arrivals |
1606 | 1606 | 2161 | 8599 |
Unemployment Rate |
2.5 | 0.5 | 2.8 | 3.3 |
Indicator | Actual | Q1 | Q2 | Q3 | Q4 | Metric |
---|---|---|---|---|---|---|
Bank Lending Rate | 4.85 | 4.85 | 4.85 | 4.6 | 4.35 | 9.1 |
CPI Transportation | 143 | 144 | 144 | 145 | 145 | 143 |
Consumer Price Index CPI | 131 | 132 | 133 | 133 | 134 | 131 |
Consumer Spending | 17100 | 18212 | 17100 | |||
Crude Oil Production | 2548 | 2550 | 2550 | 2650 | 2670 | 3768 |
Current Account to GDP | 28.5 | 30.3 | 54.57 | |||
Food Inflation | 5.71 | 5.5 | 3.2 | 3 | 3.8 | 14.2 |
GDP | 185 | 197 | 185 | |||
GDP Annual Growth Rate | 8.7 | 6.5 | 6.5 | 6.5 | 6.5 | 33.99 |
GDP Growth Rate | 4.7 | 1.7 | 2 | 2 | 2 | percent |
GDP per capita | 26788 | 28529 | 41161 | |||
GDP per capita PPP | 49169 | 52365 | 75551 | |||
Gasoline Prices | 0.28 | 0.29 | 0.29 | 0.3 | 0.31 | 0.28 |
Government Budget | 11.6 | -6.8 | 43.3 | |||
Government Debt to GDP | 2.9 | 3 | 151 | |||
Government Spending | 10429 | 11107 | KWD Million | |||
Gross Fixed Capital Formation | 10345 | 11017 | 10561 | |||
Inflation Rate | 3.8 | 3.6 | 2.8 | 2.5 | 2.7 | 11.7 |
Inflation Rate Mom | 0.4 | 0.8 | 0.2 | 0.2 | 0.2 | 2.2 |
Interbank Rate | 1.56 | 1.56 | 1.56 | 1.31 | 1.06 | 11.95 |
Interest Rate | 4.25 | 4.25 | 4.25 | 4 | 3.75 | 7.25 |
Loan Growth | 3.35 | 3.7 | 4 | 4.5 | 4.8 | 43.8 |
Loans to Private Sector | 45225 | 46976 | 47408 | 47632 | 47771 | 47081 |
Population | 4.22 | 4.3 | 4.46 | |||
Stock Market | 6655 | 6544 | 6436 | 6329 | 6223 | 8472 |
Unemployment Rate | 2.5 | 2.2 | 3.3 |