Kuwait Interest Payments to Revenue
Interest payments as % of revenue GC.XPN.INTP.RV.ZS
Kuwait's interest payments to revenue was 3.87% in 1998, ranked 17th globally. This represents a 7.4% increase from 1997. Data from World Bank, covering 1993–1998.
Overview
Kuwait's interest payments to revenue stood at 3.87% in 1998, a rise of +0.27pp from 1997. Kuwait ranked 17th globally.
Kuwait's interest payments to revenue ratio exhibited significant fluctuations over the 1993-1998 period. Starting at an all-time high of 16.39% in 1994, the ratio declined steadily, reaching a trough of 3.60% in 1997. The subsequent increase in 1998, to 3.87%, still ranked Kuwait 17th globally. Notably, this ratio has improved substantially from its peak, reflecting the country's efforts to manage its debt burden. In comparison, peer countries such as Korea, with a ratio of 3.56%, have also demonstrated a decline in interest payments as a percentage of revenue. The improvement in Kuwait's interest payments to revenue ratio is consistent with the country's efforts to diversify its economy and reduce its reliance on oil exports. However, a decline in oil prices or a significant increase in borrowing costs could potentially reverse this trend, necessitating a re-evaluation of Kuwait's fiscal policy.
Data & projection
| Year | Interest Payments to Revenue | YoY change | Rank |
|---|---|---|---|
| 1998 | 3.87% | +0.27pp | #17 |
| 1997 | 3.60% | −2.39pp | #19 |
| 1996 | 6.00% | +0.04pp | #28 |
| 1995 | 5.96% | −10.42pp | #31 |
| 1994 | 16.39% | +2.14pp | #59 |
| 1993 | 14.25% | – | #52 |
Detected Pattern
Analysis
Kuwait matched the Export Boom Cycle pattern in 2012. Historically, 71% of countries showing this pattern (546 out of 768) saw interest payments to revenue improve within 24 months. View full analysis →
Frequently Asked Questions
Kuwait's interest payments to revenue was 3.87% in 1998. Ranked 17th globally. This represents a 7.4% increase from the previous year.
Kuwait's interest payments to revenue peaked at 16.39% in 1994.
The lowest interest payments to revenue in Kuwait was 3.60% in 1997.
Kuwait ranks 17th globally in interest payments to revenue as of 1998.
The World Bank indicator code is GC.XPN.INTP.RV.ZS. Data sourced from World Bank.
The interest payments to revenue of Kuwait in 1998 was 3.87%. This ranks 17th in the world.
Cite this page
@misc{historysaid_kuwait_interest-to-revenue,
title = {Kuwait Interest Payments to Revenue},
url = {https://historysaid.com/kuwait/interest-to-revenue/},
publisher = {HistorySaid},
year = {2026}
}