Private credit by deposit money banks and other financial in Kuwait
Kuwait: Private credit by deposit money banks and other financial was 93.6% in 2018. ◆ Volatile
Private credit by deposit money banks and other financial in Kuwait, 1965–2018
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2018, private credit by deposit money banks and other financial in Kuwait stood at 93.6%.
Compared with earlier readings it is down 8.2% on the previous year and up 40.5% over ten years.
Over the whole period, private credit by deposit money banks and other financial in Kuwait peaked at 109.1% in 2016 and was at its lowest, 9.2%, in 1974.
Kuwait ranks 36th of 187 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Private credit by deposit money banks and other financial in Kuwait, year by year
| Year | % | 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 | 25.0% | +74.3% |
| 1977 | 31.6% | +26.4% |
| 1978 | 38.2% | +20.8% |
| 1979 | 32.5% | -15.0% |
| 1980 | 36.5% | +12.3% |
| 1981 | 57.5% | +57.8% |
| 1982 | 82.3% | +43.0% |
| 1983 | 80.2% | -2.6% |
| 1984 | 78.9% | -1.6% |
| 1985 | 79.1% | +0.3% |
| 1986 | 101.7% | +28.5% |
| 1987 | 89.7% | -11.8% |
| 1988 | 99.3% | +10.7% |
| 1989 | 81.1% | -18.3% |
| 1991 | 43.2% | -46.7% |
| 1992 | 29.7% | -31.3% |
| 1993 | 23.6% | -20.4% |
| 1994 | 27.7% | +17.3% |
| 1995 | 34.1% | +23.1% |
| 1996 | 37.5% | +10.0% |
| 1997 | 50.8% | +35.2% |
| 1998 | 65.6% | +29.2% |
| 1999 | 58.9% | -10.3% |
| 2000 | 48.7% | -17.3% |
| 2001 | 64.3% | +32.2% |
| 2002 | 66.7% | +3.7% |
| 2003 | 67.7% | +1.6% |
| 2004 | 63.4% | -6.3% |
| 2005 | 58.5% | -7.8% |
| 2006 | 58.7% | +0.4% |
| 2007 | 68.1% | +16.0% |
| 2008 | 66.7% | -2.1% |
| 2009 | 85.1% | +27.7% |
| 2010 | 79.2% | -6.9% |
| 2011 | 64.5% | -18.7% |
| 2012 | 58.7% | -8.9% |
| 2013 | 62.2% | +5.9% |
| 2014 | 70.0% | +12.6% |
| 2015 | 101.6% | +45.2% |
| 2016 | 109.1% | +7.3% |
| 2017 | 102.0% | -6.5% |
| 2018 | 93.6% | -8.2% |
Kuwait compared with similar countries
- Kuwait's 93.6% is above the median for high income countries, which is 84.9%, 1.1× the median. (62 countries reporting)
- Kuwait's 93.6% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 64.4%, 1.5× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 11.8% | 9.9% | 14.1% | 5 |
| 1970s | 20.2% | 9.2% | 38.2% | 10 |
| 1980s | 78.6% | 36.5% | 101.7% | 10 |
| 1990s | 41.2% | 23.6% | 65.6% | 9 |
| 2000s | 64.8% | 48.7% | 85.1% | 10 |
| 2010s | 82.3% | 58.7% | 109.1% | 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 private credit by deposit money banks and other financial in Kuwait?
- Private credit by deposit money banks and other financial in Kuwait was 93.6% in 2018, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks and other financial recorded in Kuwait?
- The highest recorded value was 109.1% in 2016.
- What is the lowest private credit by deposit money banks and other financial recorded in Kuwait?
- The lowest recorded value was 9.2% in 1974.
- How does Kuwait rank for private credit by deposit money banks and other financial?
- Kuwait ranks 36th out of 187 countries with data for 2018.
- Is private credit by deposit money banks and other financial rising or falling in Kuwait?
- Over the last ten years it is up 40.5%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks and other financial institutions to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks and other financial institutions (IFS lines 22d and 42d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF)