Tax revenue in Kuwait
Kuwait: Tax revenue was 118.00 million current LCU in 1998. ◆ Volatile
Tax revenue in Kuwait, 1972–1998
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 1998, tax revenue in Kuwait stood at 118.00 million current LCU.
Compared with earlier readings it is up 9.3% on the previous year and up 66.2% over ten years.
Over the whole period, tax revenue in Kuwait peaked at 1.25 billion current LCU in 1974 and was at its lowest, 5.00 million current LCU, in 1992.
Kuwait ranks 151st of 157 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Tax revenue in Kuwait, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 548.00 million current LCU | — |
| 1973 | 597.00 million current LCU | +8.9% |
| 1974 | 1.25 billion current LCU | +108.7% |
| 1977 | 187.00 million current LCU | -85.0% |
| 1978 | 324.00 million current LCU | +73.3% |
| 1979 | 149.00 million current LCU | -54.0% |
| 1980 | 209.00 million current LCU | +40.3% |
| 1981 | 261.00 million current LCU | +24.9% |
| 1982 | 214.00 million current LCU | -18.0% |
| 1983 | 197.00 million current LCU | -7.9% |
| 1984 | 201.00 million current LCU | +2.0% |
| 1985 | 125.00 million current LCU | -37.8% |
| 1986 | 109.00 million current LCU | -12.8% |
| 1987 | 79.00 million current LCU | -27.5% |
| 1988 | 71.00 million current LCU | -10.1% |
| 1989 | 84.00 million current LCU | +18.3% |
| 1990 | 82.00 million current LCU | -2.4% |
| 1991 | 8.00 million current LCU | -90.2% |
| 1992 | 5.00 million current LCU | -37.5% |
| 1993 | 79.00 million current LCU | +1480.0% |
| 1994 | 105.00 million current LCU | +32.9% |
| 1995 | 93.00 million current LCU | -11.4% |
| 1996 | 91.00 million current LCU | -2.2% |
| 1997 | 108.00 million current LCU | +18.7% |
| 1998 | 118.00 million current LCU | +9.3% |
Kuwait compared with similar countries
- Kuwait's 118.00 million current LCU is below the median for high income countries, which is 103.80 billion current LCU, 0% of the median. (57 countries reporting)
- Kuwait's 118.00 million current LCU is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 216.60 billion current LCU, 0% of the median. (14 countries reporting)
Biggest year-on-year movements
Years where Tax revenue in Kuwait changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +1480.0% | 5.00 million current LCU | 79.00 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 508.50 million current LCU | 149.00 million current LCU | 1.25 billion current LCU | 6 |
| 1980s | 155.00 million current LCU | 71.00 million current LCU | 261.00 million current LCU | 10 |
| 1990s | 76.56 million current LCU | 5.00 million current LCU | 118.00 million current LCU | 9 |
Countries ranked near Kuwait
- 148 Saint Kitts and Nevis 359.00 million current LCU compare
- 149 San Marino 338.38 million current LCU
- 150 Tonga 285.55 million current LCU
- 152 Kiribati 76.97 million current LCU
- 153 Nauru 54.84 million current LCU
- 154 Palau 46.83 million current LCU
More public sector data for Kuwait
- Democracy, annual growth rate -100 % change on previous year (2024)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate -100 % change on previous year (2024)
- Democracy 0 (2025)
- Chief executive of the government is elected 0 (2025)
- Elected parliament 0 (2025)
- Men's universal right to vote 1 (2025)
- Competitive elections 0 (2025)
- Universal right to vote 2 (2025)
Frequently asked questions
- What is tax revenue in Kuwait?
- Tax revenue in Kuwait was 118.00 million current LCU in 1998, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Kuwait?
- The highest recorded value was 1.25 billion current LCU in 1974.
- What is the lowest tax revenue recorded in Kuwait?
- The lowest recorded value was 5.00 million current LCU in 1992.
- How does Kuwait rank for tax revenue?
- Kuwait ranks 151st out of 157 countries with data for 1998.
- Is tax revenue rising or falling in Kuwait?
- Over the last ten years it is up 66.2%. 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 Tax revenue (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.