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Kuwait Private Credit (% GDP)

Kuwait's private credit (% GDP) rose to 91.96% in 2019, up from 90.63% in 2018, according to World Bank. This represents an increase of 1.33% from the previous year. Kuwait has private credit (% GDP) higher than the global median (91.96% vs median 39.47%). Compared with the median in Asia, Kuwait is higher (91.96% vs regional median 59.91%) and ranks 14th out of 41 countries in Asia.

Yearly Historical Data (1962-2019)

(in %)
Year Private Credit (% GDP)
2019 91.96%
2018 90.63%
2017 98.7%
2016 105.19%
2015 98.51%
2014 67.64%
2013 59.75%
2012 55.74%
2011 60.81%
2010 74.64%
2009 79.07%
2008 57.26%
2007 59.58%
2006 49.95%
2005 50.93%
2004 56.36%
2003 59.46%
2002 58.34%
2001 56.63%
2000 45.39%
1999 54.69%
1998 60.73%
1997 46.97%
1996 33.65%
1995 30.03%
1994 23.08%
1993 17.16%
1992 17.72%
1991 26.73%
1989 73.71%
1988 90.85%
1987 83.02%
1986 93.55%
1985 73.43%
1984 72.43%
1983 71.79%
1982 72.19%
1981 52.44%
1980 33.96%
1979 30.53%
1978 36.2%
1977 30.15%
1976 24.01%
1975 14.36%
1974 9.22%
1973 15.44%
1972 12%
1971 10.63%
1970 13.36%
1969 13.65%
1968 14.12%
1967 11.09%
1966 10.09%
1965 9.92%
1964 8.18%
1963 8.39%
1962 6.37%
Kuwait Private Credit (% GDP) : Definition
Private Credit (% GDP) measures credit extended to the private sector by financial institutions during the period, expressed as a percentage of nominal GDP for Kuwait.
Indicator Last Value Prior Value Period
Current Account to GDP Ratio 28.2% 31.4% Dec'24
Debt to GDP Ratio 3% 3.2% Dec'24
Interest Rate 3.75% 4% Sep'25