Taxes on goods and services in Kuwait
Kuwait: Taxes on goods and services was 0.0% in 1998. ◆ Volatile
Taxes on goods and services in Kuwait, 1972–1998
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Kuwait recorded 0.0% for taxes on goods and services in 1998.
That represents a change of up 21.1% on the previous year and down 93.1% over ten years.
Over the whole period, taxes on goods and services in Kuwait peaked at 19.9% in 1972 and was at its lowest, 0.0%, in 1997.
Kuwait ranks 156th 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 in Kuwait, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1972 | 19.9% | — |
| 1973 | 19.2% | -3.7% |
| 1974 | 11.0% | -42.5% |
| 1977 | 1.2% | -88.8% |
| 1978 | 0.7% | -44.3% |
| 1979 | 0.6% | -8.5% |
| 1980 | 0.3% | -49.6% |
| 1981 | 0.6% | +88.5% |
| 1982 | 0.8% | +40.6% |
| 1983 | 0.6% | -28.4% |
| 1984 | 1.1% | +75.0% |
| 1985 | 0.8% | -27.6% |
| 1986 | 0.4% | -44.8% |
| 1990 | 0.0% | -92.4% |
| 1992 | 0.2% | +432.6% |
| 1993 | 0.0% | -74.2% |
| 1994 | 0.0% | -10.9% |
| 1995 | 0.0% | -14.8% |
| 1997 | 0.0% | -28.7% |
| 1998 | 0.0% | +21.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.8% | 0.6% | 19.9% | 6 |
| 1980s | 0.7% | 0.3% | 1.1% | 7 |
| 1990s | 0.1% | 0.0% | 0.2% | 7 |
Countries ranked near Kuwait
- 153 Naoero 2.7%
- 154 United States of America 2.1% compare
- 155 Iraq 0.4%
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 in Kuwait?
- Taxes on goods and services in Kuwait was 0.0% in 1998, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Kuwait?
- The highest recorded value was 19.9% in 1972.
- What is the lowest taxes on goods and services recorded in Kuwait?
- The lowest recorded value was 0.0% in 1997.
- How does Kuwait rank for taxes on goods and services?
- Kuwait ranks 156th out of 156 countries with data for 1998.
- Is taxes on goods and services rising or falling in Kuwait?
- Over the last ten years it is down 93.1%. 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 Taxes on goods and services (% of revenue). Statizoid updates them automatically from the source API.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.