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Kuwait Government Revenue

General government revenue as % of GDP  GGR_NGDP

Kuwait's government revenue was 77.67% in 2025, ranked 4th globally. This represents a 4.7% increase from 2024. Data from IMF WEO, covering 1985–2025.

77.67% +3.47% (+4.7%)
Year 2025 Rank #4 Global Peak 94.96% (1986) Source IMF WEO

Kuwait Government Revenue (1985–2025)

Overview

Kuwait's government revenue stood at 77.67% in 2025, a rise of +3.47% from 2024. The IMF projects 77.67% by 2025. Kuwait ranked 4th globally.

Kuwait’s government revenue has shown a pronounced swing over the 41‑year span covered by the IMF World Economic Outlook, falling from an all‑time peak of 94.96 in 1986 to a trough of 49.59 in 1992 before stabilising around 77.67 in 2025, which ranks fourth globally. The early‑1990s collapse reflects the combined impact of the Gulf War and a sharp fall in oil prices, while the recent figure remains well above the revenue of peer small‑state economies such as Micronesia, Federated States of (68.60) and the Marshall Islands (68.15). Despite a modest decline from the 1985 level of 79.90, Kuwait’s fiscal position stays robust due to its sizeable hydrocarbon base and sovereign wealth assets. Continued diversification of the non‑oil sector and prudent fiscal management will be critical to sustaining the upward trajectory and mitigating future volatility in government revenue.

Data & projection

Year Government Revenue YoY change Rank
2030* IMF 75.63% - -
2029* IMF 75.86% - -
2028* IMF 76.09% - -
2027* IMF 76.38% - -
2026* IMF 76.68% - -
2025* IMF 77.67% - -
2025 77.67% +3.47% #4
2024 74.20% −2.35% #5
2023 76.55% +6.98% #4
2022 69.57% +11.24% #5
2021 58.33% −4.71% #8
2020 63.04% −0.20% #6
2019 63.24% −5.40% #6
2018 68.64% +1.45% #5
2017 67.19% −0.01% #7
2016 67.20% −4.75% #5
2015 71.95% −3.07% #4
2014 75.02% −4.00% #4
2013 79.02% +0.18% #4
2012 78.84% +0.40% #3
2011 78.44% +1.06% #2
Show all years (1985-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +11.5% GDP growth 6.6% C/A balance 45.5%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Kuwait matched the Export Boom Cycle pattern in 2012. Historically, 71% of countries showing this pattern (546 out of 768) saw government revenue improve within 24 months. View full analysis →

Frequently Asked Questions

What is Kuwait's government revenue?▾

Kuwait's government revenue was 77.67% in 2025. Ranked 4th globally. This represents a 4.7% increase from the previous year.

What was the highest government revenue in Kuwait?▾

Kuwait's government revenue peaked at 94.96% in 1986.

What was the lowest government revenue in Kuwait?▾

The lowest government revenue in Kuwait was 49.59% in 1992.

How does Kuwait rank in government revenue?▾

Kuwait ranks 4th globally in government revenue as of 2025.

What is the World Bank indicator code for government revenue?▾

The World Bank indicator code is GGR_NGDP. Data sourced from IMF WEO.

What is the projected government revenue of Kuwait in 2025?▾

Kuwait's government revenue is projected to reach 77.67% by 2025 based on IMF projection.

What is the government revenue of Kuwait in 2025?▾

The government revenue of Kuwait in 2025 was 77.67%. This ranks 4th in the world.

Cite this page

APA
Kuwait Government Revenue. HistorySaid. Retrieved October 28, 2026, from https://historysaid.com/kuwait/government-revenue/
BibTeX
@misc{historysaid_kuwait_government-revenue, title = {Kuwait Government Revenue}, url = {https://historysaid.com/kuwait/government-revenue/}, publisher = {HistorySaid}, year = {2026} }
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