Net lending (+) / net borrowing (-) in Kuwait
Kuwait: Net lending (+) / net borrowing (-) was -441.00 million current LCU in 1998. ◆ Volatile
Net lending (+) / net borrowing (-) in Kuwait, 1972–1998
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 1998, net lending (+) / net borrowing (-) in Kuwait stood at -441.00 million current LCU.
That represents a change of down 199.3% on the previous year and down 124.8% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Kuwait peaked at 4.78 billion current LCU in 1980 and was at its lowest, -6.38 billion current LCU, in 1991.
Kuwait ranks 52nd of 156 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.25 billion current LCU | 230.00 million current LCU | 2.02 billion current LCU | 6 |
| 1980s | 2.10 billion current LCU | 729.00 million current LCU | 4.78 billion current LCU | 7 |
| 1990s | -1.90 billion current LCU | -6.38 billion current LCU | 444.00 million current LCU | 9 |
Countries ranked near Kuwait
More public sector data for Kuwait
- Arms imports 503.00 million SIPRI trend indicator values (2024)
- Tax revenue 1.5% (1998)
- Taxes on income, profits and capital gains 0.8% (1998)
- Taxes on goods and services 0.0% (1998)
- Net investment in nonfinancial assets 2.8% (1998)
- Net lending (+) / net borrowing (-) -5.6% (1998)
- Interest payments 3.9% (1998)
- Grants and other revenue 96.6% (1998)
- Interest payments 0.1% (2006)
- Other taxes 0.1% (1998)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in Kuwait?
- Net lending (+) / net borrowing (-) in Kuwait was -441.00 million current LCU in 1998, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Kuwait?
- The highest recorded value was 4.78 billion current LCU in 1980.
- What is the lowest net lending (+) / net borrowing (-) recorded in Kuwait?
- The lowest recorded value was -6.38 billion current LCU in 1991.
- How does Kuwait rank for net lending (+) / net borrowing (-)?
- Kuwait ranks 52nd out of 156 countries with data for 1998.
- Is net lending (+) / net borrowing (-) rising or falling in Kuwait?
- Over the last ten years it is down 124.8%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net lending (+) / net borrowing (-) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.