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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 : 3.636
- High : 3.647
- Low : 3.6327
- Max Fluctuation : -
- Max Fluctuation % : -
- Open : 3.6455
- Time : 04:00:03
- Yesterday :
- Change % : INF%
- Change : 3.636
- Last : 0.3094 (KWD)
- High : 0.3097
- Low : 0.3094
- Max Fluctuation : -
- Max Fluctuation % : -
- Open : 0.3097
- Time : 00:47:24
- Yesterday : 0.3094
- Change % : 0%
- Change : 0
- Last : 0.325 (KWD)
- High : 0.3254
- Low : 0.325
- Max Fluctuation : -
- Max Fluctuation % : -
- Open : 0.3252
- Time : 03:57:35
- Yesterday : 0.3257
- Change % : 0.22%
- Change : 0.0007
Kuwait Currency Markets
Kuwait Indices
Kuwait Stocks
Economic Indicators + Forecasts
Actual
Forecast
Indicator | Last | Time | Previous | Metric |
---|---|---|---|---|
Balance of Trade |
3638 | 23 Mar | 3823 | KWD Million |
Bank Lending Rate |
4.71 | 23 Mar | 4.3 | percent |
Banks Balance Sheet |
84549 | 23 Aug | 84759 | KWD Million |
CPI Transportation |
142 | 23 Aug | 142 | points |
Capital Flows |
-19826 | 22 Dec | -12091 | KWD Million |
Central Bank Balance Sheet |
13386 | 23 Aug | 13441 | KWD Million |
Competitiveness Index |
65.1 | 19 Dec | 62.14 | Points |
Competitiveness Rank |
46 | 19 Dec | 54 | |
Consumer Price Index CPI |
130 | 23 Aug | 130 | points |
Consumer Spending |
17100 | 19 Dec | 16593 | KWD Million |
Coronavirus Cases |
665885 | 23 May | 665851 | Persons |
Coronavirus Deaths |
2570 | 23 May | 2569 | Persons |
Coronavirus Vaccination Rate |
194 | 23 May | 193 | doses per 100 people |
Coronavirus Vaccination Total |
8260099 | 23 May | 8260050 | doses |
Corporate Tax Rate |
15 | 23 Dec | 15 | percent |
Corruption Index |
42 | 22 Dec | 43 | Points |
Corruption Rank |
77 | 22 Dec | 73 | |
Credit Rating |
81 | 23 Jul | ||
Crude Oil Production |
2548 | 23 Aug | 2548 | BBL/D/1K |
Crude Oil Rigs |
22 | 23 Aug | 27 | |
Currency |
0.31 | 23 Oct | 0.31 | |
Current Account |
4183 | 23 Mar | 4672 | KWD Million |
Current Account to GDP |
28.5 | 22 Dec | 23.7 | percent of GDP |
Deposit Interest Rate |
1.6 | 22 Dec | 1.4 | percent |
Ease of Doing Business |
83 | 19 Dec | 97 | |
Exports |
6604 | 23 Mar | 6787 | KWD Million |
Food Inflation |
5.63 | 23 Aug | 5.79 | percent |
Foreign Direct Investment |
284 | 23 Mar | 135 | KWD Million |
Foreign Exchange Reserves |
42605 | 23 Jul | 43810 | USD million |
GDP |
185 | 22 Dec | 137 | USD Billion |
GDP Annual Growth Rate |
8.7 | 22 Dec | 1.3 | percent |
GDP Constant Prices |
9011 | 20 Dec | 8608 | KWD Million |
GDP Growth Rate |
4.7 | 20 Dec | 0.4 | percent |
GDP per capita |
26788 | 22 Dec | 24872 | USD |
GDP per capita PPP |
49169 | 22 Dec | 45652 | USD |
Gasoline Prices |
0.27 | 23 Sep | 0.28 | USD/Liter |
Gold Reserves |
78.97 | 23 Jun | 78.97 | Tonnes |
Government Budget |
11.6 | 22 Dec | 2.3 | percent of GDP |
Government Debt to GDP |
2.9 | 22 Dec | 8.7 | percent of GDP |
Government Spending |
10429 | 19 Dec | 9621 | KWD Million |
Gross Fixed Capital Formation |
10345 | 19 Dec | 10561 | KWD Million |
IP Addresses |
126534 | 17 Mar | 135358 | IP |
Imports |
2966 | 23 Mar | 2964 | KWD Million |
Inflation Rate |
3.8 | 23 Aug | 3.8 | percent |
Inflation Rate Mom |
0.2 | 23 Aug | 0 | percent |
Interbank Rate |
1.56 | 23 Oct | 1.56 | percent |
Interest Rate |
4.25 | 23 Aug | 4.25 | percent |
Internet Speed |
7920 | 17 Mar | 9026 | KBps |
Labor Force Participation Rate |
71.5 | 22 Dec | 70.37 | percent |
Loan Growth |
2.41 | 23 Aug | 3.21 | percent |
Loans to Private Sector |
44664 | 23 Aug | 44774 | KWD Million |
Military Expenditure |
8244 | 22 Dec | 9024 | USD Million |
Money Supply M1 |
10724 | 23 Aug | 11037 | KWD Million |
Money Supply M2 |
39169 | 23 Aug | 39242 | KWD Million |
Money Supply M3 |
39169 | 23 Aug | 39242 | KWD Million |
Personal Income Tax Rate |
0 | 23 Dec | 0 | percent |
Population |
4.22 | 22 Dec | 4.34 | Million |
Producer Prices |
146 | 23 Jun | 146 | points |
Remittances |
1220 | 23 Mar | 1168 | KWD Million |
Reverse Repo Rate |
3.88 | 23 Jul | 3.63 | percent |
Stock Market |
6855 | 23 Oct | 6918 | points |
Terrorism Index |
0 | 21 Dec | 0.16 | Points |
Tourism Revenues |
526 | 20 Dec | 1198 | USD Million |
Tourist Arrivals |
2161 | 20 Dec | 8565 | Thousand |
Unemployment Rate |
2.5 | 22 Dec | 2.8 | percent |
Indicator | Actual | Q1 | Q2 | Q3 | Q4 | Metric |
---|---|---|---|---|---|---|
Bank Lending Rate | 4.71 | 4.71 | 4.71 | 4.46 | 4.21 | percent |
CPI Transportation | 142 | 144 | 144 | 144 | 144 | points |
Consumer Price Index CPI | 130 | 132 | 132 | 134 | 134 | points |
Consumer Spending | 17100 | 18212 | KWD Million | |||
Crude Oil Production | 2548 | 2650 | 2650 | 2650 | 2650 | BBL/D/1K |
Current Account to GDP | 28.5 | 20 | percent of GDP | |||
Deposit Interest Rate | 1.6 | 1.6 | percent | |||
Food Inflation | 5.63 | 3.5 | 3.2 | 3 | 3.8 | percent |
GDP | 185 | 197 | 207 | 215 | USD Billion | USD Billion |
GDP Annual Growth Rate | 8.7 | 6.5 | 6.5 | 6.5 | 6.5 | percent |
GDP Growth Rate | 4.7 | 1.7 | 2 | 2 | 2 | percent |
GDP per capita | 26788 | 28529 | 30012 | 31213 | USD | USD |
GDP per capita PPP | 49169 | 52365 | 55088 | 57291 | USD | USD |
Gasoline Prices | 0.27 | 0.28 | 0.28 | 0.29 | 0.3 | USD/Liter |
Government Budget | 11.6 | -6.8 | 3 | 5 | percent of GDP | |
Government Debt to GDP | 2.9 | 3 | percent of GDP | |||
Government Spending | 10429 | 11107 | KWD Million | |||
Gross Fixed Capital Formation | 10345 | 11017 | KWD Million | |||
Inflation Rate | 3.8 | 3.2 | 2.5 | 2.8 | 3 | percent |
Inflation Rate Mom | 0.2 | 0.8 | 0.2 | 0.2 | 0.2 | percent |
Interbank Rate | 1.56 | 1.56 | 1.56 | 1.31 | 1.06 | percent |
Interest Rate | 4.25 | 4.25 | 4.25 | 4 | 3.75 | percent |
Loans to Private Sector | 44664 | 46976 | 47408 | 47632 | 47567 | KWD Million |
Population | 4.22 | 4.3 | Million | |||
Stock Market | 6855 | 6772 | 6659 | 6547 | 6438 | points |
Unemployment Rate | 2.5 | 4 | percent |