Taxes less subsidies on products in Kuwait
Kuwait: Taxes less subsidies on products was -3.61 billion current LCU in 2025. ◆ Volatile
Taxes less subsidies on products in Kuwait, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, taxes less subsidies on products in Kuwait stood at -3.61 billion current LCU.
Compared with earlier readings it is up 4.3% on the previous year and down 24.8% over ten years.
Over the whole period, taxes less subsidies on products in Kuwait peaked at 217.10 million current LCU in 2008 and was at its lowest, -4.09 billion current LCU, in 2014.
That places Kuwait 197th out of 198 countries with data for 2025, putting it 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 |
|---|---|---|---|---|
| 1990s | -219.78 million current LCU | -361.70 million current LCU | -96.80 million current LCU | 5 |
| 2000s | 154.44 million current LCU | 77.00 million current LCU | 217.10 million current LCU | 10 |
| 2010s | -3.05 billion current LCU | -4.09 billion current LCU | -2.10 billion current LCU | 10 |
| 2020s | -3.25 billion current LCU | -3.78 billion current LCU | -2.64 billion current LCU | 6 |
Countries ranked near Kuwait
More economy & growth data for Kuwait
- DEC alternative conversion factor 0.3065 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -4.47 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -14.57 billion current US$ (2024)
- Taxes less subsidies on products -11.79 billion current US$ (2025)
- Net primary income (Net income from abroad) 10.15 billion current LCU (2024)
- Net primary income (Net income from abroad) 33.08 billion current US$ (2024)
- GNI per capita 12,148 current LCU (2024)
- GNI per capita, Atlas method 41,110 current US$ (2024)
- GNI 59.49 billion current LCU (2024)
- GNI 193.99 billion current US$ (2024)
Frequently asked questions
- What is taxes less subsidies on products in Kuwait?
- Taxes less subsidies on products in Kuwait was -3.61 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Kuwait?
- The highest recorded value was 217.10 million current LCU in 2008.
- What is the lowest taxes less subsidies on products recorded in Kuwait?
- The lowest recorded value was -4.09 billion current LCU in 2014.
- How does Kuwait rank for taxes less subsidies on products?
- Kuwait ranks 197th out of 198 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in Kuwait?
- Over the last ten years it is down 24.8%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. 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.