Inflation rates by country and year

-0.5%2.8%6.2%9.6%13%
-0.5%2.8%6.2%9.6%13%
19738.3%
19993.0%
20252.4%
Source: World Bank

Data: World Bank, annual %. For information only — not financial advice.

Year2025Inflation Rate2.4%

Behind the curve

Turning points in Kuwait

  1. 1990↑ Upward pressure

    The Iraqi invasion — Wikipedia (opens in a new tab)

    The 1990 invasion and occupation disrupted supply chains and the economy, driving up prices during and after the crisis.

    Central Bank of Kuwait
  2. 2008↑ Upward pressure

    The world food price crisis — Wikipedia (opens in a new tab)

    Kuwait imports nearly all its food, so the 2007–08 global price surge passed through to consumer prices.

    Central Bank of Kuwait
  3. 2020↓ Downward pressure

    The pandemic recession — Wikipedia (opens in a new tab)

    The pandemic and the oil-price collapse cut activity and demand, easing inflation in 2020.

    Central Bank of Kuwait
  4. 2022↑ Upward pressure

    The post-pandemic inflation surge — Wikipedia (opens in a new tab)

    Rising global food and energy prices lifted Kuwaiti inflation in 2022.

    Central Bank of Kuwait

These are selected historical influences, not a complete account of inflation. An upward-pressure event can coincide with a peak when its inflationary effect has already occurred or when other forces begin pushing inflation lower. The markers show the years in which events occurred, although their effects may extend into later years.

What is the inflation in Kuwait?

The annual inflation rate in Kuwait was 2.4% in 2025, the most recent year in the World Bank dataset. That means prices rose 2.4% on average compared with the year before. Use the chart above to explore Kuwait's full inflation history from 1973 to 2025, and to compare it with any other country.

How inflation in Kuwait has changed

Inflation in Kuwait peaked at 13.0% in 1974 and reached its lowest point at -0.5% in 1992. Averaged across the 53 years of available data (1973–2025), the rate has been 3.9% per year.

Frequently asked questions about inflation in Kuwait

What is the current inflation rate in Kuwait?

The latest available annual figure is 2.4% in 2025, from the World Bank. Because the figures are reported annually, they may not reflect the most recent monthly reading published by Kuwait's statistical office.

What was the highest inflation rate in Kuwait?

The highest annual inflation rate on record is 13.0%, reached in 1974.

What was the lowest inflation rate in Kuwait?

The lowest annual inflation rate on record is -0.5%, recorded in 1992.

Where does the inflation data for Kuwait come from?

All figures come from the World Bank's World Development Indicators (indicator FP.CPI.TOTL.ZG), which report annual consumer price inflation for more than 200 countries and territories from 1960 onward.