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 twelve 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

YearKuwait totalKuwait per capitaEU per capita
199814.30 bn USD7,811 USD14,079 USD
199914.02 bn USD7,186 USD14,032 USD
200013.17 bn USD6,439 USD11,232 USD
200112.25 bn USD5,825 USD11,255 USD
200211.42 bn USD5,345 USD12,258 USD
200311.01 bn USD5,094 USD15,286 USD
200410.28 bn USD4,673 USD17,595 USD
20059.54 bn USD4,201 USD18,327 USD
20068.38 bn USD3,532 USD18,877 USD
20078.08 bn USD3,226 USD20,898 USD
20087.92 bn USD2,983 USD24,086 USD
20097.05 bn USD2,499 USD25,361 USD
20107.11 bn USD2,377 USD26,496 USD
20117.15 bn USD2,257 USD29,231 USD
20126.27 bn USD1,872 USD28,174 USD
20135.39 bn USD1,527 USD29,981 USD
20145.58 bn USD1,511 USD30,648 USD
20155.33 bn USD1,390 USD25,920 USD
201610.96 bn USD2,770 USD26,262 USD
201724.73 bn USD6,096 USD27,025 USD
201820.87 bn USD5,044 USD28,454 USD
201915.85 bn USD3,767 USD27,178 USD
202012.40 bn USD2,904 USD30,798 USD

Comparison of gross debt per capita with the European Union in U.S. dollars

      Kuwait       European Union

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