Kuwait Unemployment Rate
1999 - 2021 | Yearly | % | CEIC Data
Key information about Kuwait Unemployment Rate
- Kuwait Unemployment Rate dropped to 0.93% in Jun 2021, from the previously reported figure of 2.09% in Jun 2018.
- Kuwait Unemployment Rate is updated yearly, available from Jun 1999 to Jun 2021, with an average rate of 1.49%.
- The data reached an all-time high of 2.23% in Jun 2011 and a record low of 0.71% in Jun 1999.
- The data is reported by reported by CEIC Data.
- In the latest reports, Kuwait Population reached 4.74 million people in Dec 2022.
View Kuwait's Unemployment Rate from 1999 to 2021 in the chart:
What was Kuwait's Unemployment Rate in 2021?
Kuwait Unemployment Rate dropped to 0.93% in Jun 2021, from the previously reported figure of 2.09% in Jun 2018. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 0.93 2021 | 2.09 2018 | 0.71 1999 | 2.23 2011 | % | yearly | 1999 - 2021 |
Unemployment Rate by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 10.65 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| Algeria (%) | 11.40 Jun 2019 | quarterly | Mar 2014 - Jun 2019 |
| Argentina (%) | 6.90 Mar 2023 | quarterly | Jun 1990 - Mar 2023 |
| Armenia (%) | 15.50 Mar 2024 | quarterly | Mar 2008 - Mar 2024 |
| Australia (%) | 4.05 Jun 2024 | monthly | Feb 1978 - Jun 2024 |
| Austria (%) | 4.90 Nov 2023 | monthly | Jan 1993 - Nov 2023 |
| Azerbaijan (%) | 5.64 Mar 2023 | quarterly | Mar 2008 - Mar 2023 |
| Bahrain (%) | 5.90 2020 | yearly | 1991 - 2020 |
| Bangladesh (%) | 5.30 2020 | yearly | 1991 - 2020 |
| Belarus (%) | 0.10 May 2024 | monthly | Oct 2004 - May 2024 |
| Belgium (%) | 5.90 May 2024 | monthly | Jan 1983 - May 2024 |
| Bolivia (%) | 3.03 Mar 2024 | quarterly | Dec 2015 - Mar 2024 |
| Bosnia and Herzegovina (%) | 13.17 2023 | yearly | 2006 - 2023 |
| Botswana (%) | 20.68 2022 | yearly | 1991 - 2022 |
| Brazil (%) | 6.90 Jun 2024 | monthly | Mar 2012 - Jun 2024 |
| Brunei (%) | 5.20 2023 | yearly | 1981 - 2023 |
| Bulgaria (%) | 5.00 Mar 2024 | quarterly | Mar 2000 - Mar 2024 |
| Cambodia (%) | 2.40 2020 | yearly | 2020 - 2020 |
| Canada (%) | 6.40 Jun 2024 | monthly | Jan 1976 - Jun 2024 |
| Chile (%) | 8.35 Jun 2024 | monthly | Mar 2009 - Jun 2024 |
| China (%) | 5.00 Jun 2024 | quarterly | Mar 2017 - Jun 2024 |
| Colombia (%) | 12.12 Mar 2022 | monthly | Jan 2021 - Mar 2022 |
| Croatia (%) | 6.80 Dec 2022 | quarterly | Mar 1998 - Dec 2022 |
| Cyprus (%) | 4.10 May 2024 | monthly | Jan 2000 - May 2024 |
| Czech Republic (%) | 2.68 May 2024 | monthly | Jan 1993 - May 2024 |
| Denmark (%) | 4.90 Apr 2023 | monthly | Jan 2007 - Apr 2023 |
| Ecuador (%) | 3.48 Jun 2024 | quarterly | Dec 2013 - Jun 2024 |
| Egypt (%) | 6.70 Mar 2024 | quarterly | Mar 2003 - Mar 2024 |
| Estonia (%) | 5.30 Mar 2023 | quarterly | Mar 1997 - Mar 2023 |
| European Union (%) | 6.00 May 2024 | monthly | Jan 2000 - May 2024 |
| Finland (%) | 6.90 Apr 2023 | monthly | Jan 1988 - Apr 2023 |
| France (%) | 7.20 Jun 2023 | quarterly | Mar 1975 - Jun 2023 |
| Georgia (%) | 16.40 2023 | yearly | 1991 - 2023 |
| Germany (%) | 3.40 Jun 2024 | monthly | Jan 1991 - Jun 2024 |
| Ghana (%) | 3.56 2023 | yearly | 1991 - 2023 |
| Greece (%) | 11.20 Apr 2023 | monthly | Apr 1998 - Apr 2023 |
| Hong Kong SAR, China (%) | 3.00 Jun 2024 | monthly | Oct 1981 - Jun 2024 |
| Hungary (%) | 4.22 Jun 2024 | monthly | Jan 2000 - Jun 2024 |
| Iceland (%) | 3.41 May 2024 | monthly | Jan 2003 - May 2024 |
| India (%) | 7.11 2020 | yearly | 1991 - 2020 |
| Indonesia (%) | 5.32 2023 | yearly | 1984 - 2023 |
| Iran (%) | 9.40 Mar 2022 | quarterly | Jun 2001 - Mar 2022 |
| Ireland (%) | 4.10 Jul 2023 | monthly | Jan 1998 - Jul 2023 |
| Israel (%) | 3.22 Jun 2024 | monthly | Jan 2012 - Jun 2024 |
| Italy (%) | 6.83 May 2024 | monthly | Jan 1983 - May 2024 |
| Ivory Coast (%) | 3.50 2020 | yearly | 1991 - 2020 |
| Japan (%) | 2.60 May 2024 | monthly | Jan 1953 - May 2024 |
| Jordan (%) | 21.40 Feb 2024 | quarterly | Feb 2000 - Feb 2024 |
| Kazakhstan (%) | 4.70 Jun 2024 | monthly | Jan 2001 - Jun 2024 |
| Kenya (%) | 2.98 2020 | yearly | 1991 - 2020 |
| South Korea (%) | 2.80 Jun 2024 | monthly | Jun 1999 - Jun 2024 |
| Kosovo (%) | 10.70 Dec 2023 | quarterly | Mar 2016 - Dec 2023 |
| Kuwait (%) | 0.93 2021 | yearly | 1999 - 2021 |
| Kyrgyzstan (%) | 4.90 2022 | yearly | 1992 - 2022 |
| Laos (%) | 0.95 2020 | yearly | 1991 - 2020 |
| Latvia (%) | 6.70 Jun 2024 | monthly | Jan 1998 - Jun 2024 |
| Lebanon (%) | 29.56 2021 | yearly | 2004 - 2021 |
| Lithuania (%) | 8.20 Jun 2024 | monthly | Jan 1998 - Jun 2024 |
| Luxembourg (%) | 5.73 Jun 2024 | monthly | Jan 1995 - Jun 2024 |
| Macau SAR, China (%) | 1.70 Jun 2024 | monthly | Sep 1996 - Jun 2024 |
| North Macedonia (%) | 12.90 Mar 2024 | quarterly | Mar 2023 - Mar 2024 |
| Malawi (%) | 6.60 2013 | yearly | 2005 - 2013 |
| Malaysia (%) | 3.30 May 2024 | monthly | Jan 2010 - May 2024 |
| Malta (%) | 2.96 Mar 2024 | quarterly | Mar 2018 - Mar 2024 |
| Mauritius (%) | 7.10 Mar 2020 | quarterly | Mar 2004 - Mar 2020 |
| Mexico (%) | 2.61 May 2024 | monthly | Jan 2005 - May 2024 |
| Moldova (%) | 5.55 Mar 2023 | quarterly | Mar 1999 - Mar 2023 |
| Mongolia (%) | 5.20 Mar 2024 | quarterly | Sep 2006 - Mar 2024 |
| Montenegro (%) | 11.90 Mar 2024 | quarterly | Mar 2008 - Mar 2024 |
| Morocco (%) | 13.70 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
| Mozambique (%) | 3.67 2023 | yearly | 1991 - 2023 |
| Myanmar (%) | 1.79 2020 | yearly | 1991 - 2020 |
| Nepal (%) | 4.44 2020 | yearly | 1991 - 2020 |
| Netherlands (%) | 3.10 Jul 2021 | monthly | Jan 2003 - Jul 2021 |
| New Zealand (%) | 4.30 Mar 2024 | quarterly | Mar 1986 - Mar 2024 |
| Nigeria (%) | 4.10 Mar 2023 | quarterly | Dec 2022 - Mar 2023 |
| Norway (%) | 4.20 May 2024 | monthly | Jan 1989 - May 2024 |
| Oman (%) | 3.60 Jun 2024 | monthly | Mar 2018 - Jun 2024 |
| Pakistan (%) | 6.30 2021 | yearly | 1980 - 2021 |
| Palestinian Territory (%) | 32.20 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Panama (%) | 7.40 2023 | yearly | 2003 - 2023 |
| Paraguay (%) | 6.90 Mar 2024 | quarterly | Mar 2017 - Mar 2024 |
| Peru (%) | 6.63 Jun 2024 | monthly | Mar 2001 - Jun 2024 |
| Philippines (%) | 4.50 Apr 2023 | quarterly | Jul 1982 - Apr 2023 |
| Poland (%) | 4.90 Jun 2024 | monthly | Jan 1990 - Jun 2024 |
| Portugal (%) | 7.20 Jan 2021 | monthly | Feb 1998 - Jan 2021 |
| Qatar (%) | 0.10 2019 | yearly | 1997 - 2019 |
| Romania (%) | 5.60 Apr 2023 | monthly | Jan 2004 - Apr 2023 |
| Russia (%) | 2.80 Feb 2024 | monthly | Jan 1994 - Feb 2024 |
| Saudi Arabia (%) | 3.54 Mar 2024 | quarterly | Mar 2012 - Mar 2024 |
| Serbia (%) | 9.40 Mar 2024 | quarterly | Mar 2014 - Mar 2024 |
| Singapore (%) | 1.90 May 2023 | monthly | Mar 2020 - May 2023 |
| Slovakia (%) | 4.97 Jun 2024 | monthly | Jan 2006 - Jun 2024 |
| Slovenia (%) | 3.40 Mar 2024 | quarterly | Jun 1997 - Mar 2024 |
| South Africa (%) | 32.90 Mar 2024 | quarterly | Mar 2008 - Mar 2024 |
| Spain (%) | 11.27 Jun 2024 | quarterly | Mar 2021 - Jun 2024 |
| Sri Lanka (%) | 4.50 Mar 2024 | quarterly | Mar 2004 - Mar 2024 |
| Sudan (%) | 20.30 2010 | yearly | 1993 - 2010 |
| Sweden (%) | 7.22 Apr 2023 | monthly | Jan 1983 - Apr 2023 |
| Switzerland (%) | 4.26 Mar 2024 | monthly | Jan 1991 - Mar 2024 |
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Learn more about what we doKuwait Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.1 2023 | yearly | 1988 - 2023 |
| Consolidated Fiscal Balance (USD mn) | -5,077.511 2023 | yearly | 1988 - 2023 |
| Tax Revenue (USD mn) | 128.142 Dec 2015 | monthly | Sep 2003 - Dec 2015 |
| Tax Revenue: % of GDP (%) | 1.0 2022 | yearly | 1986 - 2022 |
| National Government Debt (USD mn) | 488.8 May 2024 | monthly | Dec 1993 - May 2024 |
| Government Debt: % of GDP (%) | 0.4 Mar 2024 | quarterly | Dec 2010 - Mar 2024 |
| Forecast: Government Expenditure (KWD bn) | 28.396 2028 | yearly | 1985 - 2028 |
| Forecast: Government Net Debt (KWD bn) | 14.118 2029 | yearly | 1991 - 2029 |
| Forecast: Government Revenue (KWD bn) | 42.514 2029 | yearly | 1985 - 2029 |
| Government Fiscal Balance: ytd (KWD mn) | -1,092.520 Jan 2024 | monthly | Apr 2018 - Jan 2024 |
| Government Revenue: ytd: Non Oil: Tax and Fees (KWD mn) | 347.935 Jan 2024 | monthly | Apr 2018 - Jan 2024 |
| Government Expenditure: ytd: Purchases of Non Financial Assets (KWD mn) | 821.421 Jan 2024 | monthly | Apr 2018 - Jan 2024 |
| Government Revenue: ytd: Non Oil (KWD mn) | 1,452.022 Jan 2024 | monthly | Apr 2018 - Jan 2024 |
| Government Revenue: ytd (KWD mn) | 17,803.518 Jan 2024 | monthly | Apr 2018 - Jan 2024 |
| Government Expenditure: ytd: Current (KWD mn) | 18,074.618 Jan 2024 | monthly | Apr 2018 - Jan 2024 |
| Government Expenditure: ytd (KWD mn) | 18,896.039 Jan 2024 | monthly | Apr 2018 - Jan 2024 |
| Government Revenue (KWD mn) | 13,633.900 2016 | yearly | 1987 - 2016 |
| Government Expenditure: Capital (KWD mn) | 226.000 2016 | yearly | 1989 - 2016 |
| Government Expenditure (KWD mn) | 18,245.900 2016 | yearly | 1989 - 2016 |
| Government Revenue: Tax (KWD mn) | 486.000 2016 | yearly | 1987 - 2016 |
| Government Expenditure: Current (KWD mn) | 12,125.900 2016 | yearly | 1989 - 2016 |
| Government Surplus/Deficit (KWD mn) | -1,561.505 2024 | yearly | 1989 - 2024 |
| Public Debt (KWD mn) | 150.000 May 2024 | monthly | Dec 1993 - May 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.994 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 2,950.3 Feb 2024 | monthly | Jan 1993 - Feb 2024 |
| Total Exports (USD mn) | 6,145.8 Feb 2024 | monthly | Jan 1993 - Feb 2024 |
| Total Exports Growth (%) | -12.6 Feb 2024 | monthly | Jan 1994 - Feb 2024 |
| Aluminum: Exports (USD th) | 152,297.350 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 529,113.260 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 17,111.420 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 3,025.0 Mar 2024 | monthly | Jan 1992 - Mar 2024 |
| Total Imports Growth (%) | 9.7 Feb 2024 | monthly | Jan 1993 - Feb 2024 |
| Imports: Medicament (USD th) | 1,144,894.403 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 442,329.808 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 4.589 Mar 2024 | monthly | Sep 1991 - Mar 2024 |
| Total Imports from USA (USD mn) | 280.072 Feb 2024 | monthly | Jan 2017 - Feb 2024 |
| Total Exports to China (USD mn) | 43.131 Mar 2024 | monthly | Jan 2017 - Mar 2024 |
| Total Imports from China (USD mn) | 617.874 Feb 2024 | monthly | Jan 2017 - Feb 2024 |
| Trade Balance: Quarterly (KWD mn) | 2,789.603 Dec 2018 | quarterly | Mar 1973 - Dec 2018 |
| Exports: FOB: Growth Rate: YoY (%) | -2.326 Mar 2024 | monthly | Apr 2020 - Mar 2024 |
| Exports: SITC: Other Manufactured Articles (KWD mn) | 36.800 Sep 2018 | quarterly | Sep 2014 - Sep 2018 |
| Exports: SITC: Food and Live Animals (KWD mn) | 39.900 Sep 2018 | quarterly | Sep 2014 - Sep 2018 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 636.6 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| Current Account Balance (USD mn) | 13,349.9 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| Current Account Balance: % of GDP (%) | 32.0 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| Foreign Direct Investment (USD mn) | 537.1 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| Foreign Direct Investment: % of GDP (%) | 1.3 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| Foreign Portfolio Investment (USD mn) | -26.269 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| Foreign Portfolio Investment: % of GDP (%) | -0.1 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | -47.7 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 21.404 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| External Debt (USD mn) | 64,616.5 Dec 2023 | quarterly | Mar 2018 - Dec 2023 |
| External Debt: % of GDP (%) | 39.4 2023 | yearly | 2014 - 2023 |
| Forecast: Current Account Balance (USD bn) | 31.307 2029 | yearly | 1980 - 2029 |
| Net International Investment Position (USD mn) | 113,840.261 2023 | yearly | 2001 - 2023 |
| BoP: FA: OT: Assets (KWD mn) | -2,795.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Reserve Assets: Central Bank of Kuwait (CBK) (KWD mn) | 448.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Portfolio Investment: Liabilities (KWD mn) | 10.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: CA: Primary Income: Debit (KWD mn) | 0.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Portfolio Investment: Assets (KWD mn) | -1,260.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: CA: Debit (KWD mn) | 0.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Other Investments (OT) (KWD mn) | -1,407.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: OT: Liabilities (KWD mn) | 1,389.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: Capital Account: Debit (KWD mn) | 5.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: CA: Secondary Income: Credit (KWD mn) | 0.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: Net Errors and Omissions (KWD mn) | 493.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Financial Derivatives: Liabilities (KWD mn) | 40.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Financial Derivatives: Assets (KWD mn) | -36.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Portfolio Investment: Liabilities: Debt Instruments (KWD mn) | 0.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| Number of Investment Companies (Unit) | 41.000 Dec 2022 | monthly | Mar 2005 - Dec 2022 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.6 Mar 2024 | quarterly | Mar 2011 - Mar 2024 |
| Household Debt: % of GDP (%) | 0.7 Mar 2024 | quarterly | Dec 2010 - Mar 2024 |
| Money Supply M1 (USD mn) | 34,964.641 May 2024 | monthly | Jan 1994 - May 2024 |
| Money Supply M2 (USD mn) | 130,804.954 May 2024 | monthly | Jan 1994 - May 2024 |
| M2 Growth (%) | 1.9 Apr 2024 | monthly | Jan 1995 - Apr 2024 |
| Foreign Exchange Reserves (USD mn) | 43,803.4 Apr 2024 | monthly | Jan 1964 - Apr 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 26.120 Mar 2024 | quarterly | Dec 2010 - Mar 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 13.8 Mar 2024 | quarterly | Mar 1973 - Mar 2024 |
| Gold Reserves (USD mn) | 103.022 Apr 2024 | monthly | Dec 1961 - Apr 2024 |
| Total Deposits (USD mn) | 159,149.496 Apr 2024 | monthly | Jan 1994 - Apr 2024 |
| Total Deposits Growth (%) | 2.1 Apr 2024 | monthly | Jan 1995 - Apr 2024 |
| Domestic Credit (USD mn) | 127,937.0 Apr 2024 | monthly | Jan 1994 - Apr 2024 |
| Domestic Credit Growth (%) | 1.3 Apr 2024 | monthly | Jan 1995 - Apr 2024 |
| Household Debt (USD mn) | 1,446.0 May 2024 | monthly | Jan 2002 - May 2024 |
| Total Loans (USD mn) | 178,333.767 Apr 2024 | monthly | Jan 1994 - Apr 2024 |
| Total Loans Growth (%) | 5.05 Apr 2024 | monthly | Jan 1995 - Apr 2024 |
| Private Debt: % of Nominal GDP (%) | 103.30 Mar 2024 | quarterly | Dec 2010 - Mar 2024 |
| Monetary Survey: CBK and Local Banks: Money Supply M2: M1 (KWD mn) | 10,728.900 May 2024 | monthly | Jan 1994 - May 2024 |
More Indicators for Kuwait
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