Development of inflation rates in Kuwait
The inflation rate for consumer prices in Kuwait moved over the past 48 years between -0.5% and 13.0%. For 2021, an inflation rate of 3.4% was calculated.During the observation period from 1973 to 2021, the average inflation rate was 4.1% per year. Overall, the price increase was 566.40 %. An item that cost 100 Dinar in 1973 was so charged 666.40 Dinar in the beginning of 2022.
› Inflation rates in global comparison
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Performance over the last 48 years compared to the US
In only a few countries negative inflation rates are achieved. This means that the general price level is declining and consumer prices get cheaper. This case is called deflation.In comparison to other countries, the drastic price increases are no longer on average. Usually this is a sign of political and economic turmoil.Performance based on 100% in 1972:
Inflation calculator for Kuwait
Enter any amount, an initial year and an end year here. You will then be issued with the amount that arose from the original amount after inflation. Example: 1000 Dinar in 1973 corresponds to an amount of 6,664.05 Dinar at the beginning of 2022 due to inflation.Development of inflation rates for consumer goods in Kuwait
Historical inflation rates in comparison
| Year | Kuwait | Ø USA | Ø World |
|---|---|---|---|
| 2021 | 3.42 % | 4.70 % | 3.42 % |
| 2020 | 2.10 % | 1.23 % | 1.89 % |
| 2019 | 1.09 % | 1.81 % | 2.21 % |
| 2018 | 0.54 % | 2.44 % | 2.44 % |
| 2017 | 2.17 % | 2.13 % | 2.19 % |
| 2016 | 3.20 % | 1.26 % | 1.55 % |
| 2015 | 3.27 % | 0.12 % | 1.43 % |
| 2014 | 2.91 % | 1.62 % | 2.35 % |
| 2013 | 2.68 % | 1.46 % | 2.62 % |
| 2012 | 3.26 % | 2.07 % | 3.73 % |
| 2011 | 4.84 % | 3.16 % | 4.82 % |
| 2010 | 4.50 % | 1.64 % | 3.35 % |
| 2009 | 4.61 % | -0.36 % | 2.94 % |
| 2008 | 10.58 % | 3.84 % | 8.95 % |
| 2007 | 5.48 % | 2.85 % | 4.82 % |
| 2006 | 3.06 % | 3.23 % | 4.28 % |
| 2005 | 4.14 % | 3.39 % | 4.11 % |
| 2004 | 1.25 % | 2.68 % | 3.38 % |
| 2003 | 0.96 % | 2.27 % | 3.03 % |
| 2002 | 0.89 % | 1.59 % | 2.83 % |
| 2001 | 1.30 % | 2.83 % | 3.84 % |
| 2000 | 1.81 % | 3.38 % | 3.49 % |
| 1999 | 2.99 % | 2.19 % | 3.08 % |
| 1998 | 0.13 % | 1.55 % | 5.11 % |
| 1997 | 0.68 % | 2.34 % | 5.57 % |
| 1996 | 3.55 % | 2.93 % | 6.55 % |
| 1995 | 2.69 % | 2.81 % | 9.15 % |
| 1994 | 2.53 % | 2.61 % | 10.32 % |
| 1993 | 0.38 % | 2.95 % | 7.51 % |
| 1992 | -0.55 % | 3.03 % | 7.71 % |
| 1991 | 9.06 % | 4.23 % | 9.00 % |
| 1990 | 9.83 % | 5.40 % | 8.13 % |
| 1989 | 3.34 % | 4.83 % | 7.00 % |
| 1988 | 1.47 % | 4.08 % | 7.15 % |
| 1987 | 0.65 % | 3.66 % | 5.76 % |
| 1986 | 0.95 % | 1.90 % | 5.82 % |
| 1985 | 1.49 % | 3.55 % | 6.86 % |
| 1984 | 1.18 % | 4.30 % | 8.12 % |
| 1983 | 4.72 % | 3.21 % | 8.77 % |
| 1982 | 7.78 % | 6.13 % | 10.24 % |
| 1981 | 7.37 % | 10.33 % | 12.47 % |
| 1980 | 6.93 % | 13.55 % | 13.98 % |
| 1979 | 7.05 % | 11.25 % | n/a |
| 1978 | 8.69 % | 7.63 % | n/a |
| 1977 | 9.89 % | 6.50 % | n/a |
| 1976 | 5.24 % | 5.74 % | n/a |
| 1975 | 8.39 % | 9.14 % | n/a |
| 1974 | 12.99 % | 11.05 % | n/a |
| 1973 | 8.27 % | 6.18 % | n/a |
Data basis: International Monetary Fund, World Bank and OECD Inflation CPI indicator (doi:10.1787/eee82e6e-en)
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