Kuwait - Budget Deficit 1989
29.95%
+2.24% from 1988
Kuwait's budget deficit was 29.95% in 1989, increased +2.24% from 27.71% in 1988. This was the 52nd highest globally.
Global Ranking - 1989▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Equatorial Guinea | -76.17% | 63.5% |
| 2nd | Solomon Islands | -15.33% | 8.5% |
| 3rd | Greece | -11.90% | -23.6% |
| 4th | Mongolia | -11.77% | 18.0% |
| 5th | Italy | -10.95% | -3.5% |
| 6th | Bhutan | -10.14% | -862.1% |
| 7th | Belgium | -7.82% | -4.2% |
| 8th | India | -7.68% | -9.5% |
| 9th | Jordan | -6.89% | 47.1% |
| 10th | Bolivia, Plurinational State of | -5.50% | 15.4% |
| 11th | Netherlands | -5.09% | -16.9% |
| 12th | Canada | -4.72% | -4.6% |
| 13th | Brunei Darussalam | -4.69% | -52.8% |
| 14th | Trinidad and Tobago | -4.46% | 52.2% |
| 15th | Bangladesh | -4.31% | -4.1% |
| 16th | Iceland | -4.29% | -122.3% |
| 17th | Mozambique | -4.23% | 34.6% |
| 18th | Portugal | -3.48% | 19.3% |
| 19th | Madagascar | -3.35% | -484.8% |
| 20th | Central African Republic | -3.25% | 12.8% |
| 21st | Austria | -3.04% | 9.8% |
| 22nd | St. Kitts and Nevis | -2.99% | 60.1% |
| 23rd | Spain | -2.99% | 12.1% |
| 24th | Kenya | -2.39% | -21.5% |
| 25th | Togo | -2.18% | - |
| 26th | New Zealand | -2.16% | -14.8% |
| 27th | St. Vincent and the Grenadines | -1.92% | -426.5% |
| 28th | France | -1.80% | 29.9% |
| 29th | Philippines | -1.64% | - |
| 30th | Colombia | -1.45% | -61.7% |
| 31st | Denmark | -1.35% | -1,381.3% |
| 32nd | Comoros | -1.32% | 51.1% |
| 33rd | China | -0.91% | 5.3% |
| 34th | Ghana | -0.81% | 24.5% |
| 35th | Papua New Guinea | 0.34% | 8.7% |
| 36th | United Kingdom | 0.48% | 92.7% |
| 37th | Switzerland | 0.77% | -15.9% |
| 38th | Congo, Republic of | 0.78% | - |
| 39th | Benin | 0.89% | - |
| 40th | St. Lucia | 0.89% | -55.8% |
| 41st | Australia | 0.93% | 93.9% |
| 42nd | Japan | 1.23% | 148.7% |
| 43rd | Norway | 1.55% | -34.5% |
| 44th | Burkina Faso | 1.97% | 145.5% |
| 45th | Hong Kong SAR, China | 2.01% | -39.3% |
| 46th | Sweden | 3.57% | -1.6% |
| 47th | Lesotho | 3.88% | 307.2% |
| 48th | Paraguay | 5.48% | 82.2% |
| 49th | Eswatini | 5.82% | 80.3% |
| 50th | Finland | 7.14% | 46.5% |
| 51st | Seychelles | 8.26% | -30.1% |
| 52nd | Kuwait | 29.95% | 8.1% |
FAQ
What was Kuwait's budget deficit in 1989?▾
Kuwait's budget deficit in 1989 was 29.95%. This ranked 52nd globally.
How did Kuwait's budget deficit change in 1989?▾
Kuwait's budget deficit increased by 8.1% in 1989 compared to 1988.
Which country had the highest budget deficit in 1989?▾
Kuwait had the highest budget deficit in 1989 at 29.95%.
What is the budget deficit of Kuwait in 1989?▾
The budget deficit of Kuwait in 1989 was 29.95%. This ranked 52nd globally.
How does 1989 compare to 1988 for Kuwait's budget deficit?▾
Kuwait's budget deficit went from 27.71% in 1988 to 29.95% in 1989, a 8.1% increase.
HistorySaid - pattern alert
Kuwait matched the Export Boom Cycle pattern in 1989. Historically: 768 occurrences, 546 successful (71%). Outcome 24 months later: -41.0%. View full analysis →
Related
1988
1990
All years
Full ranking 1989
Tax Revenue
Government Spending
Military Spending
Health Spending
Government Debt to GDP
Peak: 2000
Lowest: 1991
Budget Deficit 1990s
Budget Deficit 2000s
Budget Deficit 2010s
Budget Deficit 2020s
Highest ever
Lowest ever
Average
vs Guyana
vs Portugal
vs Bahrain
vs New Caledonia
Organisation of Islamic Cooperation Budget Deficit
OPEC Budget Deficit
Gulf Cooperation Council Budget Deficit
Global Ranking