Kuwait Inflation Rate 1973-2020

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Kuwait inflation rate for 2019 was 1.09%, a 0.55% increase from 2018.
  • Kuwait inflation rate for 2018 was 0.54%, a 1.63% decline from 2017.
  • Kuwait inflation rate for 2017 was 2.17%, a 1.03% decline from 2016.
  • Kuwait inflation rate for 2016 was 3.20%, a 0.07% decline from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Argentina 53.55%
Uruguay 7.88%
Aruba 4.26%
Barbados 4.10%
Hungary 3.34%
Iceland 3.01%
Hong Kong 2.86%
Czech Republic 2.85%
Latvia 2.81%
Slovak Republic 2.66%
Netherlands 2.63%
Curacao 2.62%
Chile 2.56%
Bahamas 2.49%
Lithuania 2.33%
Estonia 2.28%
Poland 2.23%
Norway 2.17%
Canada 1.95%
United States 1.81%
Seychelles 1.81%
Sweden 1.78%
Luxembourg 1.74%
United Kingdom 1.74%
Malta 1.64%
Slovenia 1.63%
New Zealand 1.62%
Australia 1.61%
Austria 1.53%
Germany 1.45%
Belgium 1.44%
France 1.11%
Kuwait 1.09%
Finland 1.02%
Ireland 0.94%
Israel 0.84%
Croatia 0.77%
Denmark 0.76%
Spain 0.70%
Italy 0.61%
Singapore 0.57%
Japan 0.48%
South Korea 0.38%
Switzerland 0.36%
Portugal 0.34%
Greece 0.25%
Cyprus 0.25%
Oman 0.13%
Panama -0.36%
Brunei -0.39%
Qatar -0.67%
UAE -1.93%
Saudi Arabia -2.09%
Kuwait Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2019 1.09% 0.55%
2018 0.54% -1.63%
2017 2.17% -1.03%
2016 3.20% -0.07%
2015 3.27% 0.36%
2014 2.91% 0.23%
2013 2.68% -0.57%
2012 3.26% -1.58%
2011 4.84% 0.34%
2010 4.50% -0.11%
2009 4.61% -5.97%
2008 10.58% 5.10%
2007 5.48% 2.43%
2006 3.06% -1.09%
2005 4.14% 2.89%
2004 1.25% 0.29%
2003 0.96% 0.07%
2002 0.89% -0.41%
2001 1.30% -0.51%
2000 1.81% -1.18%
1999 2.99% 2.86%
1998 0.13% -0.55%
1997 0.68% -2.87%
1996 3.55% 0.87%
1995 2.69% 0.15%
1994 2.53% 2.15%
1993 0.38% 0.93%
1992 -0.55% -9.60%
1991 9.06% -0.78%
1990 9.83% 6.49%
1989 3.34% 1.87%
1988 1.47% 0.81%
1987 0.65% -0.30%
1986 0.95% -0.54%
1985 1.49% 0.31%
1984 1.18% -3.54%
1983 4.72% -3.06%
1982 7.78% 0.40%
1981 7.37% 0.45%
1980 6.93% -0.12%
1979 7.05% -1.64%
1978 8.69% -1.20%
1977 9.89% 4.65%
1976 5.24% -3.16%
1975 8.39% -4.60%
1974 12.99% 4.73%
1973 8.27% 4.73%