Kuwait: Liquid liabilities, percent of GDP

The latest value from 2018 is 91.7 percent, a decline from 100.45 percent in 2017. In comparison, the world average is 68.12 percent, based on data from 167 countries. Historically, the average for Kuwait from 1965 to 2018 is 68.06 percent. The minimum value, 17.95 percent, was reached in 1974 while the maximum of 192.24 percent was recorded in 1991. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Ratio of liquid liabilities to GDP. Liquid liabilities are also known as broad money, or M3. They are the sum of currency and deposits in the central bank (M0), plus transferable deposits and electronic currency (M1), plus time and savings deposits, foreign currency transferable deposits, certificates of deposit, and securities repurchase agreements (M2), plus travelers checks, foreign currency time deposits, commercial paper, and shares of mutual funds or market funds held by residents.