Government Spending in Kuwait increased to 9114.90 KWD Million in 2017 from 8688.50 KWD Million in 2016. Government Spending in Kuwait averaged 2734.23 KWD Million from 1964 until 2017, reaching an all time high of 9114.90 KWD Million in 2017 and a record low of 102 KWD Million in 1964.

Government Spending in Kuwait is expected to be 9598.00 KWD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kuwait Government Spending is projected to trend around 10164.00 KWD Million in 2020, according to our econometric models.

Kuwait Government Spending
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Kuwait Government Last Previous Highest Lowest Unit
Government Debt to GDP 14.80 20.70 151.10 1.09 percent [+]
Government Budget 11.40 6.60 43.30 -151.31 percent of GDP [+]
Government Spending 9114.90 8688.50 9114.90 102.00 KWD Million [+]
Credit Rating 90.00 [+]
Military Expenditure 7211.00 6765.00 24808.00 611.00 USD Million [+]


Kuwait Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Kuwait Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kuwait Government Spending - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
9114.90 8688.50 9114.90 102.00 1964 - 2017 KWD Million Yearly
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