Tax revenue (current LCU), per unit of GDP in Kuwait
Kuwait: Tax revenue (current LCU), per unit of GDP was 0.0045 current LCU per US$ of GDP in 1998. ◆ Volatile
Tax revenue (current LCU), per unit of GDP in Kuwait, 1972–1998
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Kuwait recorded 0.0045 current LCU per US$ of GDP for tax revenue (current lcu), per unit of gdp in 1998.
Compared with earlier readings it is up 27.8% on the previous year and up 32.5% over ten years.
Over the whole period, tax revenue (current lcu), per unit of gdp in Kuwait peaked at 0.1231 current LCU per US$ of GDP in 1972 and was at its lowest, 0.0003 current LCU per US$ of GDP, in 1992.
That places Kuwait 156th out of 157 countries with data for 1998, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Tax revenue (current LCU), per unit of GDP in Kuwait, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1972 | 0.1231 current LCU per US$ of GDP | — |
| 1973 | 0.1104 current LCU per US$ of GDP | -10.4% |
| 1974 | 0.0958 current LCU per US$ of GDP | -13.2% |
| 1977 | 0.0132 current LCU per US$ of GDP | -86.2% |
| 1978 | 0.0209 current LCU per US$ of GDP | +58.0% |
| 1979 | 0.006 current LCU per US$ of GDP | -71.2% |
| 1980 | 0.0073 current LCU per US$ of GDP | +21.2% |
| 1981 | 0.0104 current LCU per US$ of GDP | +42.7% |
| 1982 | 0.0099 current LCU per US$ of GDP | -4.8% |
| 1983 | 0.0094 current LCU per US$ of GDP | -4.8% |
| 1984 | 0.0093 current LCU per US$ of GDP | -1.9% |
| 1985 | 0.0058 current LCU per US$ of GDP | -37.1% |
| 1986 | 0.0061 current LCU per US$ of GDP | +4.5% |
| 1987 | 0.0035 current LCU per US$ of GDP | -42.0% |
| 1988 | 0.0034 current LCU per US$ of GDP | -2.8% |
| 1989 | 0.0035 current LCU per US$ of GDP | +0.7% |
| 1990 | 0.0044 current LCU per US$ of GDP | +28.8% |
| 1991 | 0.0007 current LCU per US$ of GDP | -83.7% |
| 1992 | 0.0003 current LCU per US$ of GDP | -65.3% |
| 1993 | 0.0033 current LCU per US$ of GDP | +1210.6% |
| 1994 | 0.0042 current LCU per US$ of GDP | +28.1% |
| 1995 | 0.0034 current LCU per US$ of GDP | -19.0% |
| 1996 | 0.0029 current LCU per US$ of GDP | -15.5% |
| 1997 | 0.0036 current LCU per US$ of GDP | +23.1% |
| 1998 | 0.0045 current LCU per US$ of GDP | +27.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0616 current LCU per US$ of GDP | 0.006 current LCU per US$ of GDP | 0.1231 current LCU per US$ of GDP | 6 |
| 1980s | 0.0069 current LCU per US$ of GDP | 0.0034 current LCU per US$ of GDP | 0.0104 current LCU per US$ of GDP | 10 |
| 1990s | 0.003 current LCU per US$ of GDP | 0.0003 current LCU per US$ of GDP | 0.0045 current LCU per US$ of GDP | 9 |
Countries ranked near Kuwait
- 153 Micronesia (country) 0.0703 current LCU per US$ of GDP
- 154 United Arab Emirates 0.0238 current LCU per US$ of GDP
- 155 Bahrain 0.0106 current LCU per US$ of GDP compare
- 157 Zimbabwe 0.0001 current LCU per US$ of GDP
More public sector data for Kuwait
- Arms imports 503.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 102.71 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0031 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 1.21 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 503.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 1,591 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0484 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 0.4887 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 7.79 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 27,890 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is tax revenue (current lcu), per unit of gdp in Kuwait?
- Tax revenue (current lcu), per unit of gdp in Kuwait was 0.0045 current LCU per US$ of GDP in 1998, according to Statizoid (derived).
- What is the highest tax revenue (current lcu), per unit of gdp recorded in Kuwait?
- The highest recorded value was 0.1231 current LCU per US$ of GDP in 1972.
- What is the lowest tax revenue (current lcu), per unit of gdp recorded in Kuwait?
- The lowest recorded value was 0.0003 current LCU per US$ of GDP in 1992.
- How does Kuwait rank for tax revenue (current lcu), per unit of gdp?
- Kuwait ranks 156th out of 157 countries with data for 1998.
- Is tax revenue (current lcu), per unit of gdp rising or falling in Kuwait?
- Over the last ten years it is up 32.5%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from Statizoid (derived), published as part of Tax revenue (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Tax revenue (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Tax revenue (current LCU) ÷ GDP (current US$)
Computed from
- Tax revenue Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Tax revenue (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.