Net lending (+) / net borrowing (-) in Kuwait
Kuwait: Net lending (+) / net borrowing (-) was -5.6% in 1998. ◆ Volatile
Net lending (+) / net borrowing (-) in Kuwait, 1972–1998
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for net lending (+) / net borrowing (-) in Kuwait is -5.6%, measured in 1998.
That represents a change of down 215.7% on the previous year and down 116.3% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Kuwait peaked at 61.7% in 1980 and was at its lowest, -203.7%, in 1991.
Kuwait ranks 134th of 156 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 30.7% | 14.8% | 48.1% | 6 |
| 1980s | 31.3% | 11.3% | 61.7% | 7 |
| 1990s | -40.5% | -203.7% | 4.8% | 9 |
Countries ranked near Kuwait
- 131 Burkina Faso -5.4% compare
- 132 Cote d'Ivoire -5.4% compare
- 133 Slovakia -5.4% compare
- 135 Philippines -5.7% compare
- 136 Brazil -5.7% compare
- 137 Nepal -5.9% compare
More public sector data for Kuwait
- Arms imports 503.00 million SIPRI trend indicator values (2024)
- Tax revenue 1.5% (1998)
- Taxes on income, profits and capital gains 0.8% (1998)
- Taxes on goods and services 0.0% (1998)
- Net investment in nonfinancial assets 2.8% (1998)
- Interest payments 3.9% (1998)
- Grants and other revenue 96.6% (1998)
- Interest payments 0.1% (2006)
- Other taxes 0.1% (1998)
- Compensation of employees 24.2% (2006)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in Kuwait?
- Net lending (+) / net borrowing (-) in Kuwait was -5.6% in 1998, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Kuwait?
- The highest recorded value was 61.7% in 1980.
- What is the lowest net lending (+) / net borrowing (-) recorded in Kuwait?
- The lowest recorded value was -203.7% in 1991.
- How does Kuwait rank for net lending (+) / net borrowing (-)?
- Kuwait ranks 134th out of 156 countries with data for 1998.
- Is net lending (+) / net borrowing (-) rising or falling in Kuwait?
- Over the last ten years it is down 116.3%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net lending (+) / net borrowing (-) (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.