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Kuwait Tax Revenue

Tax revenue as % of GDP  GC.TAX.TOTL.GD.ZS

Kuwait's tax revenue was 1.49% in 1998, ranked 2nd globally. This represents a 27.2% increase from 1997. Data from World Bank, covering 1972–1998.

1.49% +0.32% (+27.2%)
Year 1998 Rank #2 Global Peak 37.43% (1972) Source World Bank

Kuwait Tax Revenue (1972–1998)

Overview

Kuwait's tax revenue stood at 1.49% in 1998, a rise of +0.32% from 1997. Kuwait ranked 2nd globally.

Kuwait’s tax revenue has fallen dramatically from an all‑time peak of 37.43 in 1972 to a nadir of 0.09 in 1992, before reaching a modest 1.49 in the latest year of coverage, 1998, which placed it second globally among the 25‑year sample. The precipitous decline reflects the nation’s reliance on oil‑related fiscal structures that provide limited direct taxation, a pattern mirrored in other Gulf states; for example, the United Arab Emirates recorded a comparable figure of 1.08 in the same period. While the early 1970s showed a robust revenue base, the post‑1990s era was marked by structural adjustments and reduced tax collection, leaving Kuwait with one of the lowest tax‑to‑GDP ratios among its peers. Future diversification of the fiscal base and the introduction of broader tax instruments could reverse the long‑term downward trajectory, potentially raising revenue levels beyond the 1998 benchmark.

Data & projection

Year Tax Revenue YoY change Rank
1998 1.49% +0.32% #2
1997 1.17% +0.21% #2
1996 0.97% −0.18% #1
1995 1.15% −0.28% #1
1994 1.42% +0.33% #1
1993 1.09% +1.01% #1
1992 0.09% −0.17% #1
1991 0.26% −1.29% #1
1990 1.55% +0.37% #1
1989 1.18% −0.05% #1
1988 1.23% −0.04% #1
1987 1.27% −0.83% #1
1986 2.10% +0.16% #1
1985 1.94% −1.19% #1
1984 3.13% −0.11% #1
Show all years (1972-1998)

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 tax revenue improve within 24 months. View full analysis →

Frequently Asked Questions

What is Kuwait's tax revenue?▾

Kuwait's tax revenue was 1.49% in 1998. Ranked 2nd globally. This represents a 27.2% increase from the previous year.

What was the highest tax revenue in Kuwait?▾

Kuwait's tax revenue peaked at 37.43% in 1972.

What was the lowest tax revenue in Kuwait?▾

The lowest tax revenue in Kuwait was 0.09% in 1992.

How does Kuwait rank in tax revenue?▾

Kuwait ranks 2nd globally in tax revenue as of 1998.

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

The World Bank indicator code is GC.TAX.TOTL.GD.ZS. Data sourced from World Bank.

What is the tax revenue of Kuwait in 1998?▾

The tax revenue of Kuwait in 1998 was 1.49%. This ranks 2nd in the world.

Cite this page

APA
Kuwait Tax Revenue. HistorySaid. Retrieved October 19, 2026, from https://historysaid.com/kuwait/tax-revenue/
BibTeX
@misc{historysaid_kuwait_tax-revenue, title = {Kuwait Tax Revenue}, url = {https://historysaid.com/kuwait/tax-revenue/}, publisher = {HistorySaid}, year = {2026} }
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