Inflation in Kuwait
Consumer price inflation in Kuwait averaged 2.6% in the ten years to 2022, which is below the Middle East & North Africa's regional average of 5.4%. The average figure for Kuwait in 2022 was 4.0%. For more inflation information, visit our dedicated page.
Kuwait Inflation Chart
Note: This chart displays Inflation Rate (CPI, annual variation in %) for Kuwait from 2023 to 2018.
Source: Macrobond.
Kuwait Inflation Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, aop) | 1.1 | 2.1 | 3.4 | 4.0 | 3.6 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Kuwaiti inflation projections for the next ten years from a panel of 22 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 inflation forecast available for Kuwaiti inflation.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Kuwaiti inflation projections.
Want to get access to the full dataset of Kuwaiti inflation forecasts? Send an email to info@focus-economics.com.