Gross debt in Kuwait
The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. On the other hand not included in the gross debt are the demands of a country to foreign ones.The gross debt in Kuwait in the period from 1998 to 2020 was between 5.3 billion and 24.7 billion USD. The hightest level within the past 22 years was reached in 2017. However, the liabilities in 2020 have been only 12 billion USD
Based on the number of inhabitants, this is in Kuwait a debt of 2,904 USD per person. For comparison: The average debt per person in the same year in the European Union was 30,798 USD.
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Gross debt of the last 22 years in billion USD
Year | Kuwait total | Kuwait per capita | EU per capita |
---|---|---|---|
1998 | 14.30 bn USD | 7,811 USD | 14,079 USD |
1999 | 14.02 bn USD | 7,186 USD | 14,032 USD |
2000 | 13.17 bn USD | 6,439 USD | 11,232 USD |
2001 | 12.25 bn USD | 5,825 USD | 11,255 USD |
2002 | 11.42 bn USD | 5,345 USD | 12,258 USD |
2003 | 11.01 bn USD | 5,094 USD | 15,286 USD |
2004 | 10.28 bn USD | 4,673 USD | 17,595 USD |
2005 | 9.54 bn USD | 4,201 USD | 18,327 USD |
2006 | 8.38 bn USD | 3,532 USD | 18,877 USD |
2007 | 8.08 bn USD | 3,226 USD | 20,898 USD |
2008 | 7.92 bn USD | 2,983 USD | 24,086 USD |
2009 | 7.05 bn USD | 2,499 USD | 25,361 USD |
2010 | 7.11 bn USD | 2,377 USD | 26,496 USD |
2011 | 7.15 bn USD | 2,257 USD | 29,231 USD |
2012 | 6.27 bn USD | 1,872 USD | 28,174 USD |
2013 | 5.39 bn USD | 1,527 USD | 29,981 USD |
2014 | 5.58 bn USD | 1,511 USD | 30,648 USD |
2015 | 5.33 bn USD | 1,390 USD | 25,920 USD |
2016 | 10.96 bn USD | 2,770 USD | 26,262 USD |
2017 | 24.73 bn USD | 6,096 USD | 27,025 USD |
2018 | 20.87 bn USD | 5,044 USD | 28,454 USD |
2019 | 15.85 bn USD | 3,767 USD | 27,178 USD |
2020 | 12.40 bn USD | 2,904 USD | 30,798 USD |