Kuwait Foreign Reserves
Total reserves including gold FI.RES.TOTL.CD
Kuwait's foreign reserves was $51.3B in 2025, ranked 42nd globally. This represents a 1.1% increase from 2024. Data from World Bank, covering 1960–2025.
Overview
Kuwait's foreign reserves stood at $51.3B in 2025, a rise of +$536.5M from 2024. Based on recent trends, this figure is projected to reach $51.3B by 2025. Kuwait ranked 42nd globally.
Kuwait’s foreign exchange reserves have expanded dramatically from a modest 71,700,000.00 in 1960 to 51,264,433,892.72 in 2025, placing the emirate 42nd globally. The accumulation accelerated after the oil boom of the 1970s, reaching an all‑time peak of 52,918,606,999.35 in 2020 before a slight contraction in the subsequent years. Compared with peer economies, Kuwait’s reserve stock is marginally lower than Qatar’s 57,826,906,679.49 but exceeds Hungary’s 47,352,830,983.74, reflecting the country’s continued reliance on hydrocarbon revenues and prudent fiscal management through the Kuwait Investment Authority. The modest decline from the 2020 peak coincides with lower oil prices and increased sovereign spending, suggesting sensitivity to external price shocks. If diversification initiatives accelerate and global oil demand stabilises, Kuwait could rebuild its reserve buffer, while persistent price volatility or fiscal deficits would likely restrain further growth.
Data & projection
| Year | Foreign Reserves | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $51.0B | - | - |
| 2026* trend | $51.1B | - | - |
| 2025* trend | $51.3B | - | - |
| 2025 | $51.3B | +$536.5M | #42 |
| 2024 | $50.7B | −$1.9B | #40 |
| 2023 | $52.6B | +$157.6M | #41 |
| 2022 | $52.5B | +$2.9B | #41 |
| 2021 | $49.5B | −$3.4B | #42 |
| 2020 | $52.9B | +$9.3B | #39 |
| 2019 | $43.7B | +$3.4B | #42 |
| 2018 | $40.3B | +$3.4B | #44 |
| 2017 | $36.9B | +$3.0B | #45 |
| 2016 | $33.9B | +$3.0B | #44 |
| 2015 | $31.0B | −$4.2B | #44 |
| 2014 | $35.2B | +$2.8B | #44 |
| 2013 | $32.4B | −$699.7M | #45 |
| 2012 | $33.1B | +$3.4B | #46 |
| 2011 | $29.7B | +$4.9B | #47 |
Detected Pattern
Analysis
Kuwait matched the Export Boom Cycle pattern in 2012. Historically, 71% of countries showing this pattern (546 out of 768) saw foreign reserves improve within 24 months. View full analysis →
Frequently Asked Questions
Kuwait's foreign reserves was $51.3B in 2025. Ranked 42nd globally. This represents a 1.1% increase from the previous year.
Kuwait's foreign reserves peaked at $52.9B in 2020.
The lowest foreign reserves in Kuwait was $71.7M in 1960.
Kuwait ranks 42nd globally in foreign reserves as of 2025.
The World Bank indicator code is FI.RES.TOTL.CD. Data sourced from World Bank.
Kuwait's foreign reserves is projected to reach $51.3B by 2025 based on trend extrapolation.
Kuwait's foreign reserves was approximately 51.26 billion ($51.3B) in 2025.
The foreign reserves of Kuwait in 2025 was $51.3B. This ranks 42nd in the world.
Cite this page
@misc{historysaid_kuwait_reserves,
title = {Kuwait Foreign Reserves},
url = {https://historysaid.com/kuwait/reserves/},
publisher = {HistorySaid},
year = {2026}
}