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Kuwait Tariff Rate

Kuwait's tariff rate rose to 4.64% in 2022, up from 3.86% in 2021, according to World Bank. This represents an increase of 0.78% from the previous year. Kuwait has tariff rate lower than the global median (4.64% vs median 5.90%). Compared with the median in Asia, Kuwait is lower (4.64% vs regional median 5.36%) and ranks 27th out of 45 countries in Asia.

Yearly Historical Data (2002-2022)

(in %)
Year Tariff Rate (%)
2022 4.64%
2021 3.86%
2020 3.84%
2019 3.9%
2018 3.9%
2017 3.88%
2016 3.86%
2015 3.86%
2014 3.9%
2013 4.49%
2012 4.25%
2011 4.62%
2010 4.62%
2009 3.5%
2008 4.03%
2007 3.99%
2006 4.29%
2005 4.31%
2004 4.82%
2003 4.82%
2002 3.46%
Kuwait Tariff Rate : Definition
Tariff Rate measures the simple average of the import taxes applied by Kuwait on all products, expressed as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $83.98B $99.78B 2023
Annual Imports $37.49B $35.93B 2023
Balance of Trade KWD 1.7B KWD 2.5B Jun'25
Exports KWD 5B KWD 5.7B Jun'25
Exports (% GDP) 60.45% 51.73% 2022
FDI Inflows (% GDP) 0.38% 1.28% 2024
Imports KWD 3.3B KWD 3.1B Jun'25
Imports (% GDP) 30.47% 30.27% 2022
Net Trade (Goods & Services, BoP) $28.19B $32.05B 2024
Trade (% GDP) 90.92% 82% 2022