Kuwait: Income and profits taxes

* indicates monthly or quarterly data series
 Kuwait

Income, profits, and capital gains taxes: percent of revenue

 Latest value 0.84
 Year 1998
 Measure percent
 Data availability 1972 - 1998
 Average 9.13
 Min - Max 0.42 - 68.75
 Source The World Bank
For that indicator, we provide data for Kuwait from 1972 to 1998. The average value for Kuwait during that period was 9.13 percent with a minimum of 0.42 percent in 1996 and a maximum of 68.75 percent in 1972. The latest value from 1998 is 0.84 percent. For comparison, the world average in 1998 based on 89 countries is 22.69 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Kuwait - Income and profits taxes - Recent values chart

Historical chart
Kuwait - Income and profits taxes - historical chart - 1972-1998




Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.


 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 25.22 2019 percent
 Government spending, in dollars 34.35 2019 billion U.S. dollars
 Fiscal balance, percent of GDP 30.60 2022 percent
 Government debt 2.95 2022 percent
 Tax revenue 1.49 1998 percent
 Commercial tax rate 13.00 2019 percent
 Tax preparation time 98 2019 hours
 Number of taxes 12 2019 taxes
 Taxes on goods and services 0.03 1998 percent
 Taxes on international trade 2.40 1998 percent
 Income and profits taxes 0.84 1998 percent
 Foreign aid 3.69 2004 million U.S. dollars
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