Taxes on income, profits and capital gains in Kuwait
Kuwait: Taxes on income, profits and capital gains was 24.6% in 1998. ◆ Volatile
Taxes on income, profits and capital gains in Kuwait, 1972–1998
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of total taxes.
Analysis
In 1998, taxes on income, profits and capital gains in Kuwait stood at 24.6%.
Compared with earlier readings it is up 32.7% on the previous year and up 24.6% over ten years.
Over the whole period, taxes on income, profits and capital gains in Kuwait peaked at 79.6% in 1978 and was at its lowest, 15.4%, in 1996.
Kuwait ranks 128th of 153 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 income, profits and capital gains in Kuwait, year by year
| Year | % of total taxes | Change |
|---|---|---|
| 1972 | 76.3% | — |
| 1973 | 75.7% | -0.7% |
| 1974 | 74.5% | -1.6% |
| 1977 | 58.3% | -21.7% |
| 1978 | 79.6% | +36.6% |
| 1979 | 53.7% | -32.6% |
| 1980 | 63.6% | +18.5% |
| 1981 | 59.0% | -7.3% |
| 1982 | 42.5% | -27.9% |
| 1983 | 46.7% | +9.8% |
| 1984 | 43.8% | -6.3% |
| 1985 | 28.0% | -36.0% |
| 1986 | 26.6% | -5.0% |
| 1987 | 21.5% | -19.1% |
| 1988 | 19.7% | -8.4% |
| 1989 | 19.0% | -3.4% |
| 1990 | 19.5% | +2.4% |
| 1991 | 25.0% | +28.1% |
| 1992 | 60.0% | +140.0% |
| 1993 | 19.0% | -68.4% |
| 1994 | 32.4% | +70.5% |
| 1995 | 24.7% | -23.6% |
| 1996 | 15.4% | -37.8% |
| 1997 | 18.5% | +20.4% |
| 1998 | 24.6% | +32.7% |
Kuwait compared with similar countries
- Kuwait's 24.6% is below the median for high income countries, which is 43.9%, 56% of the median. (55 countries reporting)
- Kuwait's 24.6% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 38.8%, 63% of the median. (13 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 69.7% | 53.7% | 79.6% | 6 |
| 1980s | 37.1% | 19.0% | 63.6% | 10 |
| 1990s | 26.6% | 15.4% | 60.0% | 9 |
Countries ranked near Kuwait
- 125 Albania 25.9%
- 126 Saint Lucia 25.8%
- 127 Seychelles 24.7% compare
- 129 Palau 24.0%
- 130 Togo 24.0%
- 131 Laos 23.6%
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 taxes on income, profits and capital gains in Kuwait?
- Taxes on income, profits and capital gains in Kuwait was 24.6% in 1998, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Kuwait?
- The highest recorded value was 79.6% in 1978.
- What is the lowest taxes on income, profits and capital gains recorded in Kuwait?
- The lowest recorded value was 15.4% in 1996.
- How does Kuwait rank for taxes on income, profits and capital gains?
- Kuwait ranks 128th out of 153 countries with data for 1998.
- Is taxes on income, profits and capital gains rising or falling in Kuwait?
- Over the last ten years it is up 24.6%. 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 income, profits and capital gains (% of total taxes). Statizoid updates them automatically from the source API.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed as a percentage of total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.