Kuwait - Credit to GDP 2008
57.26%
−2.31% from 2007
Kuwait's credit to gdp was 57.26% in 2008, decreased +2.31% from 59.58% in 2007. This was the 109th highest globally.
Global Ranking - 2008▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Chad | 2.38% | 24.6% |
| 2nd | Iraq | 2.68% | 8.3% |
| 3rd | Myanmar | 3.12% | -8.8% |
| 4th | Congo, Republic of | 3.21% | 48.1% |
| 5th | Guinea | 3.24% | -0.7% |
| 6th | Sierra Leone | 3.36% | 30.7% |
| 7th | Equatorial Guinea | 4.10% | 46.4% |
| 8th | Congo, Democratic Republic of | 4.34% | 80.2% |
| 9th | Guinea-Bissau | 5.12% | 59.3% |
| 10th | Liberia | 6.13% | 16.5% |
| 11th | Malawi | 6.26% | 66.4% |
| 12th | Comoros | 6.35% | 18.7% |
| 13th | Central African Republic | 7.02% | 3.5% |
| 14th | Libya | 7.30% | 18.6% |
| 15th | Yemen, Republic of | 7.70% | -5.9% |
| 16th | Niger | 8.05% | 13.8% |
| 17th | Gabon | 8.66% | -13.0% |
| 18th | Haiti | 8.68% | 7.7% |
| 19th | Gambia, The | 8.73% | 15.7% |
| 20th | Cameroon | 9.24% | 11.5% |
| 21st | Sudan | 9.38% | -4.4% |
| 22nd | Afghanistan | 9.39% | 37.3% |
| 23rd | Lao PDR | 9.57% | 46.2% |
| 24th | Madagascar | 9.70% | 10.6% |
| 25th | Lesotho | 10.02% | 0.3% |
| 26th | Mali | 10.25% | -25.0% |
| 27th | Tanzania | 11.91% | 3.9% |
| 28th | Côte d'Ivoire | 12.03% | -1.0% |
| 29th | Algeria | 12.13% | -1.4% |
| 30th | Argentina | 12.31% | -6.0% |
| 31st | Ghana | 12.61% | -12.9% |
| 32nd | Benin | 12.78% | 3.8% |
| 33rd | Rwanda | 13.36% | 11.1% |
| 34th | Togo | 13.62% | -15.7% |
| 35th | Burundi | 13.66% | -7.5% |
| 36th | Kyrgyz Republic | 13.77% | 116.9% |
| 37th | Mozambique | 14.01% | 39.5% |
| 38th | Burkina Faso | 15.09% | 18.0% |
| 39th | Timor-Leste | 15.80% | -14.7% |
| 40th | Syrian Arab Republic | 17.54% | 16.3% |
| 41st | West Bank and Gaza | 17.57% | -23.2% |
| 42nd | Nigeria | 18.63% | 35.1% |
| 43rd | Paraguay | 18.76% | 36.8% |
| 44th | Senegal | 18.87% | 16.5% |
| 45th | Mauritania | 19.21% | 17.8% |
| 46th | Mexico | 19.76% | -3.3% |
| 47th | Cambodia | 19.95% | 28.4% |
| 48th | Micronesia, Federated States of | 20.25% | -5.3% |
| 49th | Eswatini | 20.67% | -4.7% |
| 50th | Dominican Republic | 20.74% | 0.2% |
| 51st | Guyana | 21.84% | -2.3% |
| 52nd | Eritrea | 22.06% | 6.4% |
| 53rd | Suriname | 23.86% | 11.7% |
| 54th | Ecuador | 23.96% | 2.5% |
| 55th | Pakistan | 24.17% | 4.9% |
| 56th | Djibouti | 24.34% | 8.1% |
| 57th | Solomon Islands | 25.24% | 8.5% |
| 58th | Kenya | 25.38% | 10.1% |
| 59th | Botswana | 26.30% | 12.1% |
| 60th | Trinidad and Tobago | 26.71% | -16.7% |
| 61st | Tajikistan | 26.83% | - |
| 62nd | Uruguay | 27.17% | 18.0% |
| 63rd | Seychelles | 27.52% | 15.7% |
| 64th | São Tomé and Principe | 27.63% | -10.3% |
| 65th | Guatemala | 27.76% | -3.1% |
| 66th | Philippines | 27.88% | 0.9% |
| 67th | Bhutan | 28.62% | 28.3% |
| 68th | Belarus | 28.63% | 15.4% |
| 69th | Sri Lanka | 29.54% | -13.7% |
| 70th | Peru | 29.76% | 21.0% |
| 71st | Jamaica | 30.19% | 10.6% |
| 72nd | Oman | 30.65% | -1.1% |
| 73rd | Colombia | 31.34% | 2.5% |
| 74th | Nicaragua | 31.39% | -4.8% |
| 75th | Bolivia, Plurinational State of | 31.49% | -8.3% |
| 76th | Brunei Darussalam | 31.77% | -7.1% |
| 77th | Türkiye | 33.16% | - |
| 78th | Bangladesh | 34.04% | 6.2% |
| 79th | Georgia | 34.44% | - |
| 80th | Serbia | 35.44% | 15.9% |
| 81st | Romania | 35.91% | 5.6% |
| 82nd | Kosovo | 36.09% | - |
| 83rd | Saudi Arabia | 37.68% | 1.7% |
| 84th | Mongolia | 39.90% | -4.0% |
| 85th | Slovak Republic | 40.70% | 8.9% |
| 86th | Qatar | 40.80% | -1.9% |
| 87th | Russian Federation | 41.55% | 10.0% |
| 88th | Egypt, Arab Republic of | 42.80% | -6.0% |
| 89th | Czechia | 43.28% | 11.8% |
| 90th | Iran, Islamic Republic of | 45.32% | -3.7% |
| 91st | Brazil | 45.78% | 12.5% |
| 92nd | St. Vincent and the Grenadines | 46.41% | 0.3% |
| 93rd | Dominica | 46.73% | 0.4% |
| 94th | Poland | 47.11% | 27.1% |
| 95th | Cabo Verde | 47.72% | 14.2% |
| 96th | Tunisia | 48.51% | 1.0% |
| 97th | Costa Rica | 49.38% | 12.8% |
| 98th | Belize | 49.41% | 8.5% |
| 99th | India | 49.56% | 8.6% |
| 100th | Aruba | 50.66% | -2.1% |
| 101st | El Salvador | 51.05% | -0.9% |
| 102nd | Honduras | 51.29% | -1.9% |
| 103rd | Nepal | 51.65% | 38.5% |
| 104th | Tonga | 52.27% | -5.1% |
| 105th | Macao SAR, China | 53.28% | 12.6% |
| 106th | Vanuatu | 55.06% | 25.7% |
| 107th | St. Kitts and Nevis | 55.08% | 0.6% |
| 108th | Samoa | 57.20% | -3.7% |
| 109th | Kuwait | 57.26% | -3.9% |
| 110th | Maldives | 57.73% | 5.7% |
| 111th | Antigua and Barbuda | 58.66% | 3.1% |
| 112th | Hungary | 59.36% | 11.6% |
| 113th | Bahamas, The | 62.10% | 6.0% |
| 114th | Belgium | 62.76% | -8.3% |
| 115th | Bahrain | 64.21% | 20.9% |
| 116th | Bosnia and Herzegovina | 65.61% | 8.9% |
| 117th | Bulgaria | 66.92% | 14.5% |
| 118th | Israel | 69.01% | 5.0% |
| 119th | Grenada | 70.08% | 1.9% |
| 120th | Barbados | 75.53% | 6.0% |
| 121st | Lebanon | 76.28% | 2.9% |
| 122nd | Slovenia | 76.77% | 7.6% |
| 123rd | Jordan | 78.43% | -14.4% |
| 124th | Finland | 80.11% | 5.0% |
| 125th | Mauritius | 80.69% | 14.2% |
| 126th | Viet Nam | 82.87% | -3.2% |
| 127th | Italy | 83.38% | 2.4% |
| 128th | Ukraine | 84.56% | - |
| 129th | Fiji | 85.91% | 9.1% |
| 130th | Montenegro | 86.61% | 8.2% |
| 131st | St. Lucia | 88.87% | 3.7% |
| 132nd | Estonia | 89.67% | 7.1% |
| 133rd | Greece | 90.51% | 5.5% |
| 134th | France | 92.64% | 4.1% |
| 135th | Germany | 95.40% | -0.1% |
| 136th | Austria | 96.44% | 3.1% |
| 137th | Malaysia | 96.75% | -4.8% |
| 138th | Singapore | 97.86% | 14.7% |
| 139th | Chile | 100.17% | 19.1% |
| 140th | China | 100.41% | -3.6% |
| 141st | Luxembourg | 101.15% | 18.6% |
| 142nd | European Union | 101.35% | 2.0% |
| 143rd | Thailand | 105.76% | -0.6% |
| 144th | Netherlands | 110.22% | -2.2% |
| 145th | Malta | 114.42% | 5.3% |
| 146th | Sweden | 118.42% | 6.4% |
| 147th | Norway | 119.25% | 11.4% |
| 148th | Australia | 121.44% | 1.0% |
| 149th | Canada | 124.10% | 0.5% |
| 150th | South Africa | 125.96% | -11.6% |
| 151st | Korea | 136.20% | 9.8% |
| 152nd | Hong Kong SAR, China | 140.29% | 2.6% |
| 153rd | Switzerland | 145.87% | -5.0% |
| 154th | Portugal | 151.48% | 6.5% |
| 155th | Japan | 160.92% | -1.2% |
| 156th | Ireland | 166.32% | 5.2% |
| 157th | Spain | 170.74% | 1.9% |
| 158th | United States | 185.13% | -10.3% |
| 159th | United Kingdom | 190.15% | 12.1% |
| 160th | Denmark | 190.32% | 3.4% |
| 161st | Iceland | 190.99% | -21.5% |
| 162nd | Cyprus | 212.21% | 17.4% |
FAQ
What was Kuwait's credit to gdp in 2008?▾
Kuwait's credit to gdp in 2008 was 57.26%. This ranked 109th globally.
How did Kuwait's credit to gdp change in 2008?▾
Kuwait's credit to gdp decreased by 3.9% in 2008 compared to 2007.
Which country had the highest credit to gdp in 2008?▾
Cyprus had the highest credit to gdp in 2008 at 212.21%.
What is the credit to gdp of Kuwait in 2008?▾
The credit to gdp of Kuwait in 2008 was 57.26%. This ranked 109th globally.
How does 2008 compare to 2007 for Kuwait's credit to gdp?▾
Kuwait's credit to gdp went from 59.58% in 2007 to 57.26% in 2008, a 3.9% decrease.
HistorySaid - pattern alert
Kuwait matched the Fiscal Dominance Trap pattern in 2008. Historically: 386 occurrences, 278 successful (72%). Outcome 24 months later: 4.5%. View full analysis →
Related
2007
2009
All years
Full ranking 2008
Lending Rate
Deposit Rate
Real Interest Rate
M2 Money Supply Growth
Non-Performing Loans
Peak: 2016
Lowest: 1962
Credit to GDP 1990s
Credit to GDP 2000s
Credit to GDP 2010s
Credit to GDP 2020s
Highest ever
Lowest ever
Average
vs Guyana
vs Portugal
vs Bahrain
vs New Caledonia
Organisation of Islamic Cooperation Credit to GDP
OPEC Credit to GDP
Gulf Cooperation Council Credit to GDP
Global Ranking