Kuwait Interest Rate

The benchmark interest rate in Kuwait was last recorded at 2 percent. Interest Rate in Kuwait is reported by the Central Bank of Kuwait. Interest Rate in Kuwait averaged 4.17 Percent from 1999 until 2014, reaching an all time high of 7.25 Percent in April of 2000 and a record low of 2 Percent in October of 2012. In Kuwait, interest rate decisions are taken by the Central Bank of Kuwait's Board of Directors. The official interest rate is the discount rate. This page provides - Kuwait Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-18

Actual Previous Highest Lowest Forecast Dates Unit Frequency
2.00 2.00 7.25 2.00 2.00 | 2014/06 1999 - 2014 Percent Monthly

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Kuwait Interest Rate
LIST BY COUNTRY

Money Last Previous Highest Lowest Forecast Unit
Money Supply M1 9067.50 2014-02-28 8810.40 9067.50 1042.40 9421.56 2014-06-30 KWD Million [+]
Money Supply M2 32812.50 2014-02-28 32513.20 32812.50 6378.20 33922.48 2014-06-30 KWD Million [+]
Money Supply M3 32812.50 2014-02-28 32547.90 32812.50 6516.50 33906.28 2014-06-30 KWD Million [+]
Interest Rate 2.00 2014-03-31 2.00 7.25 2.00 2.00 2014-06-30 Percent [+]
[+]


Interest Rate | Notes
The interest rate shown on this page refers to the central bank benchmark interest rate. Usually, the central bank benchmark interest rate is the overnight rate at which central banks make loans to the commercial banks under their jurisdiction. Moving the benchmark interest rate, the central bank is able to make an impact on interest rates of commercial banks, inflation level of the country and national currency exchange rate. Reduction of interest rates should bring increase in business activity, a rise in inflation rate and weakening of national currency. In case of increase in interest rates the level of business activity is likely to drop, inflation declines and national currency strengthens.


RELATED NEWS

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 October of 2013 from 2650 Thousands Barrels per Day in September of 2013. Crude Oil Production in Kuwait is reported by the U.S. Energy Information Administration.
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 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.
Kuwait Tourist Arrivals at 5729.00 Thousand  
Tourist Arrivals in Kuwait increased to 5729 Thousand in 2012 from 5574 Thousand in 2011. Tourist Arrivals in Kuwait is reported by the The Statistical, Economic and Social Research and Training Centre for Islamic Countries.
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