Subsidies and other transfers in Kuwait
Kuwait: Subsidies and other transfers was 4.04 billion current LCU in 2006. ◆ Volatile
Subsidies and other transfers in Kuwait, 1987–2006
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Kuwait recorded 4.04 billion current LCU for subsidies and other transfers in 2006.
The figure is up 129.9% on the previous year and up 275.0% over ten years.
Over the whole period, subsidies and other transfers in Kuwait peaked at 5.96 billion current LCU in 1991 and was at its lowest, 78.00 million current LCU, in 1989.
Kuwait ranks 129th of 153 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 |
|---|---|---|---|---|
| 1980s | 273.00 million current LCU | 78.00 million current LCU | 468.00 million current LCU | 2 |
| 1990s | 1.73 billion current LCU | 589.00 million current LCU | 5.96 billion current LCU | 9 |
| 2000s | 1.99 billion current LCU | 1.29 billion current LCU | 4.04 billion current LCU | 6 |
Countries ranked near Kuwait
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)
- Net lending (+) / net borrowing (-) -5.6% (1998)
- Interest payments 3.9% (1998)
- Grants and other revenue 96.6% (1998)
- Interest payments 0.1% (2006)
- Other taxes 0.1% (1998)
Frequently asked questions
- What is subsidies and other transfers in Kuwait?
- Subsidies and other transfers in Kuwait was 4.04 billion current LCU in 2006, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Kuwait?
- The highest recorded value was 5.96 billion current LCU in 1991.
- What is the lowest subsidies and other transfers recorded in Kuwait?
- The lowest recorded value was 78.00 million current LCU in 1989.
- How does Kuwait rank for subsidies and other transfers?
- Kuwait ranks 129th out of 153 countries with data for 2006.
- Is subsidies and other transfers rising or falling in Kuwait?
- Over the last ten years it is up 275.0%. 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 Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.