Kuwait Government Debt To GDP

Kuwait recorded a Government Debt to GDP of 5.28 percent of the country's Gross Domestic Product in 2013. Government Debt To GDP in Kuwait is reported by the Central Bank of Kuwait. Government Debt To GDP in Kuwait averaged 47.30 Percent from 1990 until 2013, reaching an all time high of 203.36 Percent in 1991 and a record low of 1.09 Percent in 1990. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Kuwait Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
5.28 6.43 203.36 1.09 5.18 | 2014/12 1990 - 2013 Percent Yearly

TO

Kuwait Government Debt To GDP
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Government Budget Value -6066.30 2013-03-15 1542.90 2819.60 -6066.30 -1143.61 2013-04-30 KWD Million [+]
Government Spending 7775.40 2012-06-29 6626.40 7775.40 102.00 7835.38 2012-12-31 KWD Million [+]
Government Debt To GDP 5.28 2013-12-31 6.43 203.36 1.09 5.18 2014-12-31 Percent [+]
Government Budget 28.93 2013-12-31 34.06 43.30 -151.31 29.03 2014-12-31 Percent of GDP [+]
Credit Rating 90.00 [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


RELATED NEWS

Kuwait Balance of Trade at 5926.40 KWD Million  
Kuwait recorded a trade surplus of 5926.40 KWD Million in the fourth quarter of 2013. Balance of Trade in Kuwait is reported by the Central Bank of Kuwait.
Kuwait Capital Flows at -9338.00 KWD Million  
Capital Flows in Kuwait decreased to -9338 KWD Million in 2010 from -7293 KWD Million in 2009. Capital Flows in Kuwait is reported by the Central Bank of Kuwait.
Kuwait Consumer Spending at 11348.80 KWD Million  
Consumer Spending in Kuwait increased to 11348.80 KWD Million in 2012 from 10319 KWD Million in 2011. Consumer Spending in Kuwait is reported by the Central Bank of Kuwait.
Kuwait Crude Oil Production at 2650.00 Thousands Barrels per Day  
Crude Oil Production in Kuwait remained unchanged at 2650 Thousands Barrels per Day in December of 2013 from 2650 Thousands Barrels per Day in November of 2013. Crude Oil Production in Kuwait is reported by the U.S. Energy Information Administration.
Kuwait GDP Constant Prices at 19245.40 KWD Million  
GDP Constant Prices in Kuwait increased to 19245.40 KWD Million in 2011 from 18104.20 KWD Million in 2010. GDP Constant Prices in Kuwait is reported by the Central Bank Of Kuwait.
Kuwait Government Budget Value at -6066.30 KWD Million  
Kuwait recorded a government budget deficit of 6066.30 KWD Million in March of 2013. Government Budget Value in Kuwait is reported by the Central Bank Of Kuwait.
Kuwait Government Spending at 7775.40 KWD Million  
Government Spending in Kuwait increased to 7775.40 KWD Million in 2012 from 6626.40 KWD Million in 2011. Government Spending in Kuwait is reported by the Central Bank of Kuwait.
Kuwait Gross Fixed Capital Formation at 7746.40 KWD Million  
Gross Fixed Capital Formation in Kuwait increased to 7746.40 KWD Million in 2012 from 7261.60 KWD Million in 2011. Gross Fixed Capital Formation in Kuwait is reported by the Central Bank Of Kuwait.
Kuwait Producer Prices at 123.40 Index Points  
Producer Prices in Kuwait decreased to 123.40 Index Points in December of 2013 from 123.90 Index Points in November of 2013. Producer Prices in Kuwait is reported by the Central Bank of Kuwait.
Kuwait Remittances at 4412.00 KWD Million  
Remittances in Kuwait increased to 4412 KWD Million in 2012 from 3660 KWD Million in 2011. Remittances in Kuwait is reported by the Central Bank of Kuwait.
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