Taxes on goods and services (current LCU), annual growth rate in Kuwait
Kuwait: Taxes on goods and services (current LCU), annual growth rate was 0 % change on previous year in 1998. ◆ Volatile
Taxes on goods and services (current LCU), annual growth rate in Kuwait, 1973–1998
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 1998, taxes on goods and services (current lcu), annual growth rate in Kuwait stood at 0 % change on previous year.
Over the whole period, taxes on goods and services (current lcu), annual growth rate in Kuwait peaked at 125.56 % change on previous year in 1974 and was at its lowest, -90 % change on previous year, in 1987.
Kuwait ranks 134th of 156 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services (current LCU), annual growth rate in Kuwait, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1973 | 9.92 % change on previous year | — |
| 1974 | 125.56 % change on previous year | +1166.1% |
| 1978 | -43.24 % change on previous year | -134.4% |
| 1979 | 9.52 % change on previous year | -122.0% |
| 1980 | -4.35 % change on previous year | -145.7% |
| 1981 | 72.73 % change on previous year | -1772.7% |
| 1982 | -5.26 % change on previous year | -107.2% |
| 1983 | -30.56 % change on previous year | +480.6% |
| 1984 | 84 % change on previous year | -374.9% |
| 1985 | -36.96 % change on previous year | -144.0% |
| 1986 | -31.03 % change on previous year | -16.0% |
| 1987 | -90 % change on previous year | +190.0% |
| 1988 | 0 % change on previous year | -100.0% |
| 1989 | 50 % change on previous year | — |
| 1990 | -66.67 % change on previous year | -233.3% |
| 1993 | 0 % change on previous year | -100.0% |
| 1994 | 0 % change on previous year | — |
| 1995 | 0 % change on previous year | — |
| 1998 | 0 % change on previous year | — |
Kuwait compared with similar countries
- Kuwait's 0 % change on previous year is below the median for high income countries, which is 6.4 % change on previous year. (57 countries reporting)
- Kuwait's 0 % change on previous year is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 12.05 % change on previous year. (14 countries reporting)
Biggest year-on-year movements
Years where Taxes on goods and services (current LCU), annual growth rate 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 |
|---|---|---|---|
| 1981 | +1772.7% | -4.35 % change on previous year | 72.73 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25.44 % change on previous year | -43.24 % change on previous year | 125.56 % change on previous year | 4 |
| 1980s | 0.857 % change on previous year | -90 % change on previous year | 84 % change on previous year | 10 |
| 1990s | -13.33 % change on previous year | -66.67 % change on previous year | 0 % change on previous year | 5 |
Countries ranked near Kuwait
- 131 Saint Vincent and the Grenadines 0.5222 % change on previous year compare
- 132 Kiribati 0.5199 % change on previous year
- 133 France 0.4709 % change on previous year compare
- 135 Belgium -0.6602 % change on previous year
- 136 Sweden -1.83 % change on previous year compare
- 137 Saint Kitts and Nevis -2.06 % change on previous year compare
More public sector data for Kuwait
- Democracy, annual growth rate -100 % change on previous year (2024)
- Elected parliament, annual growth rate -100 % change on previous year (2024)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- 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 taxes on goods and services (current lcu), annual growth rate in Kuwait?
- Taxes on goods and services (current lcu), annual growth rate in Kuwait was 0 % change on previous year in 1998, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), annual growth rate recorded in Kuwait?
- The highest recorded value was 125.56 % change on previous year in 1974.
- What is the lowest taxes on goods and services (current lcu), annual growth rate recorded in Kuwait?
- The lowest recorded value was -90 % change on previous year in 1987.
- How does Kuwait rank for taxes on goods and services (current lcu), annual growth rate?
- Kuwait ranks 134th out of 156 countries with data for 1998.
- Where does this Kuwait data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
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
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.