Domestic credit to private sector in Kuwait
Kuwait: Domestic credit to private sector was 90.9% in 2018. ◆ Volatile
Domestic credit to private sector in Kuwait, 1965–2018
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector in Kuwait is 90.9%, measured in 2018.
The figure is down 7.9% on the previous year and up 58.8% over ten years.
Over the whole period, domestic credit to private sector in Kuwait peaked at 105.2% in 2016 and was at its lowest, 9.2%, in 1974.
That places Kuwait 38th out of 187 countries with data for 2018, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic credit to private sector in Kuwait, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1965 | 9.9% | — |
| 1966 | 10.1% | +1.8% |
| 1967 | 11.1% | +9.9% |
| 1968 | 14.1% | +27.3% |
| 1969 | 13.7% | -3.3% |
| 1970 | 13.4% | -2.1% |
| 1971 | 10.6% | -20.4% |
| 1972 | 12.0% | +12.9% |
| 1973 | 15.4% | +28.6% |
| 1974 | 9.2% | -40.2% |
| 1975 | 14.4% | +55.7% |
| 1976 | 24.0% | +67.2% |
| 1977 | 30.2% | +25.6% |
| 1978 | 36.2% | +20.0% |
| 1979 | 30.5% | -15.6% |
| 1980 | 34.0% | +11.2% |
| 1981 | 52.4% | +54.4% |
| 1982 | 72.2% | +37.7% |
| 1983 | 71.8% | -0.6% |
| 1984 | 72.4% | +0.9% |
| 1985 | 73.4% | +1.4% |
| 1986 | 93.5% | +27.4% |
| 1987 | 83.0% | -11.3% |
| 1988 | 90.8% | +9.4% |
| 1989 | 73.7% | -18.9% |
| 1991 | 26.7% | -63.7% |
| 1992 | 17.7% | -33.7% |
| 1993 | 17.2% | -3.2% |
| 1994 | 23.1% | +34.5% |
| 1995 | 30.0% | +30.1% |
| 1996 | 33.7% | +12.1% |
| 1997 | 47.0% | +39.6% |
| 1998 | 60.7% | +29.3% |
| 1999 | 54.7% | -9.9% |
| 2000 | 45.4% | -17.0% |
| 2001 | 56.6% | +24.8% |
| 2002 | 58.3% | +3.0% |
| 2003 | 59.5% | +1.9% |
| 2004 | 56.4% | -5.2% |
| 2005 | 50.9% | -9.6% |
| 2006 | 50.0% | -1.9% |
| 2007 | 59.6% | +19.3% |
| 2008 | 57.3% | -3.9% |
| 2009 | 79.1% | +38.1% |
| 2010 | 74.6% | -5.6% |
| 2011 | 60.8% | -18.6% |
| 2012 | 55.7% | -8.3% |
| 2013 | 59.8% | +7.2% |
| 2014 | 67.6% | +13.2% |
| 2015 | 98.5% | +45.6% |
| 2016 | 105.2% | +6.8% |
| 2017 | 98.7% | -6.2% |
| 2018 | 90.9% | -7.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 11.8% | 9.9% | 14.1% | 5 |
| 1970s | 19.6% | 9.2% | 36.2% | 10 |
| 1980s | 71.7% | 34.0% | 93.5% | 10 |
| 1990s | 34.5% | 17.2% | 60.7% | 9 |
| 2000s | 57.3% | 45.4% | 79.1% | 10 |
| 2010s | 79.1% | 55.7% | 105.2% | 9 |
Countries ranked near Kuwait
More financial sector data for Kuwait
- Reserve position in the IMF, US dollar, annual growth rate 11.16 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0044 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 142.41 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 5.86 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0032 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 103.99 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 11.16 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0044 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 142.41 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 5.86 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector in Kuwait?
- Domestic credit to private sector in Kuwait was 90.9% in 2018, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Kuwait?
- The highest recorded value was 105.2% in 2016.
- What is the lowest domestic credit to private sector recorded in Kuwait?
- The lowest recorded value was 9.2% in 1974.
- How does Kuwait rank for domestic credit to private sector?
- Kuwait ranks 38th out of 187 countries with data for 2018.
- Is domestic credit to private sector rising or falling in Kuwait?
- Over the last ten years it is up 58.8%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.