Kuwait - Budget Deficit 2018
17.52%
+2.27% from 2017
Kuwait's budget deficit was 17.52% in 2018, increased +2.27% from 15.25% in 2017. This was the 189th highest globally.
Global Ranking - 2018▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Timor-Leste | -26.91% | 20.3% |
| 2nd | Dominica | -17.19% | -426.2% |
| 3rd | Lebanon | -11.30% | -30.6% |
| 4th | Bahrain | -11.28% | 15.7% |
| 5th | Egypt, Arab Republic of | -8.98% | 9.3% |
| 6th | Suriname | -8.56% | 0.7% |
| 7th | Zambia | -8.31% | -10.8% |
| 8th | Bolivia, Plurinational State of | -8.17% | -4.0% |
| 9th | Sudan | -7.92% | -30.5% |
| 10th | Yemen, Republic of | -7.85% | -60.0% |
| 11th | Mozambique | -7.39% | -154.5% |
| 12th | Brazil | -6.99% | 12.3% |
| 13th | Kenya | -6.94% | 6.2% |
| 14th | Ghana | -6.79% | -71.2% |
| 15th | Oman | -6.72% | 35.8% |
| 16th | Burundi | -6.66% | -33.0% |
| 17th | Eswatini | -6.58% | -16.8% |
| 18th | India | -6.34% | -1.8% |
| 19th | Montenegro | -6.30% | 8.6% |
| 20th | Algeria | -6.15% | 18.5% |
| 21st | Trinidad and Tobago | -5.89% | 43.6% |
| 22nd | Nepal | -5.83% | -116.9% |
| 23rd | Jordan | -5.78% | -60.1% |
| 24th | Pakistan | -5.67% | -9.7% |
| 25th | Costa Rica | -5.66% | 3.7% |
| 26th | Argentina | -5.44% | 18.7% |
| 27th | United States | -5.34% | -11.3% |
| 28th | Saudi Arabia | -5.21% | 39.2% |
| 29th | Maldives | -5.17% | -71.1% |
| 30th | Namibia | -5.09% | -2.0% |
| 31st | Botswana | -5.03% | -340.2% |
| 32nd | Sri Lanka | -4.96% | 2.8% |
| 33rd | Fiji | -4.82% | -111.0% |
| 34th | Guinea-Bissau | -4.76% | -260.6% |
| 35th | Mali | -4.74% | -65.7% |
| 36th | Liberia | -4.70% | 34.1% |
| 37th | Colombia | -4.67% | -87.0% |
| 38th | Lao PDR | -4.47% | 19.0% |
| 39th | Burkina Faso | -4.43% | 35.9% |
| 40th | Lesotho | -4.41% | -118.7% |
| 41st | Malawi | -4.35% | 15.6% |
| 42nd | Nicaragua | -4.35% | -147.6% |
| 43rd | Tunisia | -4.27% | 23.9% |
| 44th | China | -4.20% | -25.8% |
| 45th | Bangladesh | -4.07% | 2.4% |
| 46th | Gambia, The | -3.92% | 9.8% |
| 47th | Zimbabwe | -3.81% | 48.3% |
| 48th | South Africa | -3.73% | 7.1% |
| 49th | Senegal | -3.66% | -23.4% |
| 50th | Brunei Darussalam | -3.59% | 65.5% |
| 51st | Sierra Leone | -3.57% | 36.3% |
| 52nd | Israel | -3.56% | -214.2% |
| 53rd | Morocco | -3.52% | -6.6% |
| 54th | Cyprus | -3.36% | -258.0% |
| 55th | Bahamas, The | -3.28% | 45.7% |
| 56th | Türkiye | -3.10% | -65.9% |
| 57th | Nigeria | -3.06% | 20.3% |
| 58th | Uganda | -3.02% | 21.0% |
| 59th | Niger | -3.01% | 26.9% |
| 60th | Benin | -2.96% | 29.3% |
| 61st | Côte d'Ivoire | -2.91% | 11.3% |
| 62nd | Panama | -2.88% | -49.8% |
| 63rd | Ecuador | -2.80% | 51.4% |
| 64th | Myanmar | -2.77% | 19.2% |
| 65th | Romania | -2.74% | 4.1% |
| 66th | El Salvador | -2.71% | -7.0% |
| 67th | Tajikistan | -2.69% | 52.4% |
| 68th | Malaysia | -2.65% | -9.7% |
| 69th | Aruba | -2.64% | -2.1% |
| 70th | Papua New Guinea | -2.58% | -4.2% |
| 71st | Spain | -2.58% | 16.8% |
| 72nd | Rwanda | -2.57% | -2.2% |
| 73rd | Guyana | -2.52% | 19.6% |
| 74th | Japan | -2.47% | 20.3% |
| 75th | West Bank and Gaza | -2.46% | 11.6% |
| 76th | Antigua and Barbuda | -2.43% | 10.6% |
| 77th | Cameroon | -2.41% | 49.0% |
| 78th | Cabo Verde | -2.36% | 10.3% |
| 79th | France | -2.32% | 31.0% |
| 80th | United Kingdom | -2.27% | 8.9% |
| 81st | Italy | -2.19% | 12.6% |
| 82nd | Dominican Republic | -2.18% | 30.4% |
| 83rd | Mauritius | -2.15% | -33.4% |
| 84th | Mexico | -2.14% | -106.9% |
| 85th | Ukraine | -2.12% | 9.8% |
| 86th | Hungary | -2.05% | 16.7% |
| 87th | São Tomé and Principe | -2.02% | 34.9% |
| 88th | Tanzania | -2.01% | -76.0% |
| 89th | Djibouti | -1.98% | -839.8% |
| 90th | Peru | -1.94% | 30.3% |
| 91st | Uruguay | -1.89% | 24.8% |
| 92nd | Guatemala | -1.88% | -35.9% |
| 93rd | North Macedonia | -1.76% | 35.8% |
| 94th | Armenia | -1.75% | 63.4% |
| 95th | Indonesia | -1.69% | 25.4% |
| 96th | St. Vincent and the Grenadines | -1.65% | -5.4% |
| 97th | Albania | -1.60% | -13.6% |
| 98th | Iran, Islamic Republic of | -1.59% | -2.7% |
| 99th | San Marino | -1.56% | 55.4% |
| 100th | Bhutan | -1.52% | 66.2% |
| 101st | Philippines | -1.48% | -97.3% |
| 102nd | Chile | -1.48% | 43.6% |
| 103rd | Belize | -1.37% | 60.8% |
| 104th | Comoros | -1.35% | -1,274.5% |
| 105th | Congo, Democratic Republic of | -1.34% | -2,475.0% |
| 106th | Madagascar | -1.34% | 36.4% |
| 107th | Australia | -1.26% | 26.7% |
| 108th | Estonia | -1.15% | -7.5% |
| 109th | Haiti | -1.13% | -256.3% |
| 110th | South Sudan | -1.06% | -111.1% |
| 111th | Belgium | -1.05% | -37.4% |
| 112th | St. Lucia | -1.03% | 9.2% |
| 113th | Viet Nam | -1.02% | 48.0% |
| 114th | Paraguay | -1.01% | -131.0% |
| 115th | Slovak Republic | -1.01% | -2.1% |
| 116th | Guinea | -0.97% | 50.9% |
| 117th | Central African Republic | -0.93% | 6.5% |
| 118th | Finland | -0.87% | -38.6% |
| 119th | Moldova | -0.85% | -31.2% |
| 120th | Georgia | -0.80% | -77.7% |
| 121st | Seychelles | -0.80% | 52.0% |
| 122nd | Latvia | -0.77% | 10.3% |
| 123rd | Togo | -0.59% | -184.1% |
| 124th | Kyrgyz Republic | -0.59% | 84.2% |
| 125th | Portugal | -0.43% | 85.8% |
| 126th | Barbados | -0.34% | 91.2% |
| 127th | Poland | -0.25% | 83.5% |
| 128th | Turkmenistan | -0.22% | 92.4% |
| 129th | Gabon | -0.21% | 87.5% |
| 130th | Puerto Rico (US) | 0.03% | 102.3% |
| 131st | Somalia, Fed. Rep. | 0.03% | -91.7% |
| 132nd | Samoa | 0.06% | 102.9% |
| 133rd | Ireland | 0.09% | 130.2% |
| 134th | Bulgaria | 0.12% | -85.1% |
| 135th | Austria | 0.20% | 125.1% |
| 136th | Honduras | 0.20% | 148.3% |
| 137th | Thailand | 0.20% | 148.7% |
| 138th | Croatia | 0.24% | -70.6% |
| 139th | Cambodia | 0.28% | 136.4% |
| 140th | Canada | 0.36% | 421.4% |
| 141st | Equatorial Guinea | 0.52% | 120.2% |
| 142nd | Lithuania | 0.52% | 45.0% |
| 143rd | Sweden | 0.67% | -47.8% |
| 144th | Greece | 0.78% | -26.3% |
| 145th | Serbia | 0.78% | -40.9% |
| 146th | Denmark | 0.81% | -52.0% |
| 147th | Czechia | 0.88% | -39.6% |
| 148th | Slovenia | 0.90% | 1,559.3% |
| 149th | Iceland | 0.94% | -2.6% |
| 150th | Jamaica | 1.10% | 159.8% |
| 151st | New Zealand | 1.27% | -6.4% |
| 152nd | Switzerland | 1.29% | 14.2% |
| 153rd | Chad | 1.39% | 888.1% |
| 154th | Solomon Islands | 1.49% | 165.5% |
| 155th | Netherlands | 1.50% | 10.4% |
| 156th | Bosnia and Herzegovina | 1.63% | -8.8% |
| 157th | Afghanistan | 1.63% | 342.8% |
| 158th | Uzbekistan | 1.64% | 57.0% |
| 159th | St. Kitts and Nevis | 1.80% | 6.8% |
| 160th | Belarus | 1.81% | 635.6% |
| 161st | Malta | 1.86% | -45.4% |
| 162nd | Germany | 1.88% | 40.8% |
| 163rd | Angola | 2.03% | 135.3% |
| 164th | Qatar | 2.26% | 133.1% |
| 165th | Hong Kong SAR, China | 2.35% | -57.2% |
| 166th | Korea | 2.42% | 16.7% |
| 167th | Marshall Islands | 2.55% | -41.7% |
| 168th | Kazakhstan | 2.58% | 160.5% |
| 169th | Andorra | 2.67% | -20.0% |
| 170th | Liechtenstein | 2.82% | 3.0% |
| 171st | Mongolia | 2.85% | 176.8% |
| 172nd | Tonga | 2.92% | -18.4% |
| 173rd | Russian Federation | 2.92% | 299.0% |
| 174th | Luxembourg | 3.18% | 132.3% |
| 175th | Mauritania | 3.23% | 507.7% |
| 176th | United Arab Emirates | 3.65% | 2,398.1% |
| 177th | Singapore | 3.68% | -29.8% |
| 178th | Grenada | 4.92% | 63.0% |
| 179th | Kiribati | 5.18% | -84.8% |
| 180th | Congo, Republic of | 5.22% | 193.7% |
| 181st | Eritrea | 5.22% | 191.1% |
| 182nd | Azerbaijan | 5.43% | 504.5% |
| 183rd | Palau | 6.19% | 30.0% |
| 184th | Vanuatu | 6.26% | 621.3% |
| 185th | Iraq | 7.69% | 605.3% |
| 186th | Norway | 7.81% | 57.6% |
| 187th | Libya | 9.39% | 184.9% |
| 188th | Macao SAR, China | 13.33% | 0.4% |
| 189th | Kuwait | 17.52% | 14.9% |
| 190th | Micronesia, Federated States of | 24.68% | 70.4% |
| 191st | Nauru | 29.56% | 82.8% |
| 192nd | Tuvalu | 30.29% | 1,345.7% |
FAQ
What was Kuwait's budget deficit in 2018?▾
Kuwait's budget deficit in 2018 was 17.52%. This ranked 189th globally.
How did Kuwait's budget deficit change in 2018?▾
Kuwait's budget deficit increased by 14.9% in 2018 compared to 2017.
Which country had the highest budget deficit in 2018?▾
Tuvalu had the highest budget deficit in 2018 at 30.29%.
What is the budget deficit of Kuwait in 2018?▾
The budget deficit of Kuwait in 2018 was 17.52%. This ranked 189th globally.
How does 2018 compare to 2017 for Kuwait's budget deficit?▾
Kuwait's budget deficit went from 15.25% in 2017 to 17.52% in 2018, a 14.9% increase.
Related
2017
2019
All years
Full ranking 2018
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