Kuwait's taxes less subsidies on products (constant LCU) was -4.4 billion in 2025, the latest year in the World Bank's World Development Indicators. That is down 36.89% from -3.22 billion in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | -4.4 billion | 2025 |
| Five years earlier | -3.69 billion | 2020 |
| Ten years earlier | -3.22 billion | 2015 |
| Highest | -2.72 billion | 2010 |
| Lowest | -4.4 billion | 2025 |
| Average since 2016 | -3.85 billion | 2016–2025 |
| First recorded | -2.72 billion |
What the numbers say
In 2025, Kuwait's taxes less subsidies on products (constant LCU) fell 72.85 million on 2024 (from -4.33 billion to -4.4 billion).
Across the 14 yearly changes before that (2011 to 2024), the average change was −115.02 million and a typical year strayed about 287.96 million from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 622.19 million in 2015 and the biggest yearly fall was 576.47 million in 2012. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is downward, about 120.41 million a year. A straight line explains 98% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Kuwait had the 151st highest value of the 152 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Kuwait in the 2025 ranking
- Micronesia, Fed. Sts. — 148th of 152: 22.51 million
- Brunei Darussalam — 149th of 152: -374.3 million
- Oman — 150th of 152: -485.3 million
- Libya — 152nd of 152: -5.97 billion
What this measures
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
All 16 values
| Year | Taxes less subsidies on products (constant LCU) |
|---|---|
| 2025 | -4,403,029,734 |
| 2024 | -4,330,181,300 |
| 2023 | -4,107,177,961 |
| 2022 | -3,996,100,000 |
| 2021 | -3,987,900,000 |
| 2020 | -3,694,900,000 |
| 2019 | -3,629,270,900 |
| 2018 | -3,540,704,300 |
| 2017 | -3,485,995,400 |
| 2016 | -3,321,650,700 |
Taxes less subsidies on products (constant LCU) in nearby economies
- Afghanistan — 59.23 billion (2024)
- Algeria — 668.49 billion (2025)
- Bahrain — 722.65 million (2025)
- Djibouti — 41.65 billion (2025)
- Egypt, Arab Rep. — 446.54 billion (2025)
- Iran, Islamic Rep. — 2,386.92 trillion (2024)
- Israel — 155.51 billion (2024)
- Jordan — 4.47 billion (2025)
- Lebanon — 1.05 trillion (2024)
- Libya
More economic policy & debt data for Kuwait
- Total reserves, including gold (current US$) — US$51.74 billion (2025)
- Total reserves, excluding gold (current US$) — US$40.65 billion (2025)
- GDP (current US$) — US$157.21 billion (2025)
- GDP (current LCU) — 48.18 billion (2025)
- GDP per capita (current US$) — US$32,312 (2025)
- GDP per capita (current LCU) — 9,902 (2025)
- GNI (current US$) — US$193.99 billion (2024)
- GNI (current LCU) — 59.49 billion (2024)
- GNI per capita (current LCU) — 12,148 (2024)
- General government final consumption expenditure (current US$) — US$41.5 billion (2024)
Reading data like this
Questions people ask
- What is Kuwait's taxes less subsidies on products (constant LCU)?
- -4.4 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 2010?
- It is down 61.88% from -2.72 billion in 2010. The highest value was -2.72 billion in 2010 and the lowest -4.4 billion in 2025.
- How does Kuwait rank?
- 151st highest of 152 economies with data for 2025.
- Is the latest change in taxes less subsidies on products (constant LCU) unusual for Kuwait?
- In 2025, Kuwait's taxes less subsidies on products (constant LCU) fell 72.85 million on 2024 (from -4.33 billion to -4.4 billion). Across the 14 yearly changes before that (2011 to 2024), the average change was −115.02 million and a typical year strayed about 287.96 million from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.TAX.NIND.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in