Taxes on goods and services (current LCU), per unit of GDP in Kuwait
Kuwait: Taxes on goods and services (current LCU), per unit of GDP was 0 current LCU per US$ of GDP in 1998. ◆ Volatile
Taxes on goods and services (current LCU), per unit of GDP in Kuwait, 1972–1998
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 1998, taxes on goods and services (current lcu), per unit of gdp in Kuwait stood at 0 current LCU per US$ of GDP.
Compared with earlier readings it is up 17.0% on the previous year and down 60.1% over ten years.
Over the whole period, taxes on goods and services (current lcu), per unit of gdp in Kuwait peaked at 0.0272 current LCU per US$ of GDP in 1972 and was at its lowest, 0 current LCU per US$ of GDP, in 1997.
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.
Taxes on goods and services (current LCU), per unit of GDP in Kuwait, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1972 | 0.0272 current LCU per US$ of GDP | — |
| 1973 | 0.0246 current LCU per US$ of GDP | -9.6% |
| 1974 | 0.0231 current LCU per US$ of GDP | -6.2% |
| 1977 | 0.0026 current LCU per US$ of GDP | -88.7% |
| 1978 | 0.0014 current LCU per US$ of GDP | -48.2% |
| 1979 | 0.0009 current LCU per US$ of GDP | -31.4% |
| 1980 | 0.0008 current LCU per US$ of GDP | -17.3% |
| 1981 | 0.0015 current LCU per US$ of GDP | +97.4% |
| 1982 | 0.0017 current LCU per US$ of GDP | +10.0% |
| 1983 | 0.0012 current LCU per US$ of GDP | -28.2% |
| 1984 | 0.0021 current LCU per US$ of GDP | +77.0% |
| 1985 | 0.0014 current LCU per US$ of GDP | -36.2% |
| 1986 | 0.0011 current LCU per US$ of GDP | -17.4% |
| 1987 | 0.0001 current LCU per US$ of GDP | -92.0% |
| 1988 | 0.0001 current LCU per US$ of GDP | +8.1% |
| 1989 | 0.0001 current LCU per US$ of GDP | +27.6% |
| 1990 | 0.0001 current LCU per US$ of GDP | -56.0% |
| 1992 | 0.0001 current LCU per US$ of GDP | -7.2% |
| 1993 | 0 current LCU per US$ of GDP | -17.1% |
| 1994 | 0 current LCU per US$ of GDP | -3.7% |
| 1995 | 0 current LCU per US$ of GDP | -8.6% |
| 1997 | 0 current LCU per US$ of GDP | -10.4% |
| 1998 | 0 current LCU per US$ of GDP | +17.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0133 current LCU per US$ of GDP | 0.0009 current LCU per US$ of GDP | 0.0272 current LCU per US$ of GDP | 6 |
| 1980s | 0.001 current LCU per US$ of GDP | 0.0001 current LCU per US$ of GDP | 0.0021 current LCU per US$ of GDP | 10 |
| 1990s | 0 current LCU per US$ of GDP | 0 current LCU per US$ of GDP | 0.0001 current LCU per US$ of GDP | 7 |
Countries ranked near Kuwait
- 153 Micronesia, Federated States of 0.0126 current LCU per US$ of GDP
- 154 Bahrain 0.0081 current LCU per US$ of GDP compare
- 155 United States of America 0.0037 current LCU per US$ of GDP compare
- 157 Zimbabwe 0 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 taxes on goods and services (current lcu), per unit of gdp in Kuwait?
- Taxes on goods and services (current lcu), per unit of gdp in Kuwait was 0 current LCU per US$ of GDP in 1998, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in Kuwait?
- The highest recorded value was 0.0272 current LCU per US$ of GDP in 1972.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in Kuwait?
- The lowest recorded value was 0 current LCU per US$ of GDP in 1997.
- How does Kuwait rank for taxes on goods and services (current lcu), per unit of gdp?
- Kuwait ranks 156th out of 157 countries with data for 1998.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in Kuwait?
- Over the last ten years it is down 60.1%. 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 Taxes on goods and services (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Taxes on goods and services 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
Taxes on goods and services (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.