Taxes on international trade in Kuwait
Kuwait: Taxes on international trade was 83.00 million current LCU in 1998. ▲ Rising
Taxes on international trade in Kuwait, 1972–1998
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Kuwait recorded 83.00 million current LCU for taxes on international trade in 1998.
That represents a change of up 50.9% over ten years.
Over the whole period, taxes on international trade in Kuwait peaked at 87.00 million current LCU in 1982 and was at its lowest, 6.00 million current LCU, in 1991.
That places Kuwait 122nd out of 155 countries with data for 1998, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 28.50 million current LCU | 9.00 million current LCU | 46.00 million current LCU | 6 |
| 1980s | 65.80 million current LCU | 54.00 million current LCU | 87.00 million current LCU | 10 |
| 1990s | 62.62 million current LCU | 6.00 million current LCU | 83.00 million current LCU | 8 |
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 taxes on international trade in Kuwait?
- Taxes on international trade in Kuwait was 83.00 million current LCU in 1998, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Kuwait?
- The highest recorded value was 87.00 million current LCU in 1982.
- What is the lowest taxes on international trade recorded in Kuwait?
- The lowest recorded value was 6.00 million current LCU in 1991.
- How does Kuwait rank for taxes on international trade?
- Kuwait ranks 122nd out of 155 countries with data for 1998.
- Is taxes on international trade rising or falling in Kuwait?
- Over the last ten years it is up 50.9%. The long-run trend across the full record is rising.
- 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 Taxes on international trade (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. 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.