Kuwait - Tax revenue
Tax revenue (current LCU)
The value for Tax revenue (current LCU) in Kuwait was 118,000,000 as of 1998. As the graph below shows, over the past 26 years this indicator reached a maximum value of 1,246,000,000 in 1974 and a minimum value of 5,000,000 in 1992.
Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.
| Year | Value |
|---|---|
| 1972 | 548,000,000 |
| 1973 | 597,000,000 |
| 1974 | 1,246,000,000 |
| 1977 | 187,000,000 |
| 1978 | 324,000,000 |
| 1979 | 149,000,000 |
| 1980 | 209,000,000 |
| 1981 | 261,000,000 |
| 1982 | 214,000,000 |
| 1983 | 197,000,000 |
| 1984 | 201,000,000 |
| 1985 | 125,000,000 |
| 1986 | 109,000,000 |
| 1987 | 79,000,000 |
| 1988 | 71,000,000 |
| 1989 | 84,000,000 |
| 1990 | 82,000,000 |
| 1991 | 8,000,000 |
| 1992 | 5,000,000 |
| 1993 | 79,000,000 |
| 1994 | 105,000,000 |
| 1995 | 93,000,000 |
| 1996 | 91,000,000 |
| 1997 | 108,000,000 |
| 1998 | 118,000,000 |
Tax revenue (% of GDP)
Tax revenue (% of GDP) in Kuwait was 1.49 as of 1998. Its highest value over the past 26 years was 37.43 in 1972, while its lowest value was 0.09 in 1992.
Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.
See also:
| Year | Value |
|---|---|
| 1972 | 37.43 |
| 1973 | 37.22 |
| 1974 | 32.68 |
| 1977 | 4.62 |
| 1978 | 7.60 |
| 1979 | 2.18 |
| 1980 | 2.70 |
| 1981 | 3.74 |
| 1982 | 3.44 |
| 1983 | 3.24 |
| 1984 | 3.13 |
| 1985 | 1.94 |
| 1986 | 2.10 |
| 1987 | 1.27 |
| 1988 | 1.23 |
| 1989 | 1.18 |
| 1990 | 1.55 |
| 1991 | 0.26 |
| 1992 | 0.09 |
| 1993 | 1.09 |
| 1994 | 1.42 |
| 1995 | 1.15 |
| 1996 | 0.97 |
| 1997 | 1.17 |
| 1998 | 1.49 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
