Kuwait General government revenue (% of GDP) Statistics

19, Feb 2019, EST.

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Country or Region: Kuwait › Change country
Economic Indicator: General government revenue (% of GDP) › See all Kuwait indicators, › See General government revenue (% of GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Kuwaiti Dinar
Currency Symbol: KWD

Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. See notes for: General government revenue (National currency).

General government revenue (% of GDP) Statistics for Kuwait , Year 2015 - In Detail

General government revenue (% of GDP) for Kuwait in year 2015 is 54.832 %. Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

This makes Kuwait No. 8 in world rankings according to General government revenue (% of GDP) in year 2015. The world's average General government revenue (% of GDP) value is 30.23 %; Kuwait is 24.60 more than the average.

In the previous year, 2014, General government revenue (% of GDP) for Kuwait was 68.48 % General government revenue (% of GDP) for Kuwait in 2015 was or will be 19.93% less than it was or will be in 2014.

In the following or forecasted year, 2016, General government revenue (% of GDP) for Kuwait was or will be 46.18 %, which is 15.78% less than the 2015 figure.

* Source: IMF
General government revenue (% of GDP) for Kuwait, in other Years
Year %
  2021 44.098
  2020 45.705
  2019 46.804
  2018 47.412
  2017 47.662
  2016 46.177
2015 54.832
  2014 68.482
  2013 71.787
  2012 72.088
  2011 72.117
  2010 70.693
  2009 69.389
  2008 60.561
  2007 67.491
  2006 63.809
  2005 71.422
  2004 56.414
  2003 54.348
  2002 61.201
  2001 71.623
  2000 68.168
  1999 60.074
  1998 58.891
  1997 60.844
  1996 56.123
  1995 52.734
  1994 49.392
  1993 45.633
  1992 41.242
  1991 52.861
  1990 60.328
  1989 n/a
  1988 n/a
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a