Fiscal Balance in Kuwait
The fiscal balance averaged -2.5% of GDP in the decade to 2020, above the Middle East & North Africa average of -3.1% of GDP. The fiscal balance in Kuwait was -33.2% of GDP in 2020. For more fiscal balance information, visit our dedicated page.
Kuwait Fiscal Balance Chart
Note: This chart displays Fiscal Balance (% of GDP) for Kuwait from 2023 to 2022.
Source: Macrobond.
Kuwait Fiscal Balance Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Fiscal Balance (% of GDP) | -9.2 | -31.7 | -6.7 | 11.4 | -3.1 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Kuwaiti fiscal balance projections for the next ten years from a panel of 10 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable fiscal balance forecast available for Kuwaiti fiscal balance.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Kuwaiti fiscal balance projections.
Want to get access to the full dataset of Kuwaiti fiscal balance forecasts? Send an email to info@focus-economics.com.