Inflation Rate in Kuwait increased to 2.39 percent in July from 2.32 percent in June of 2025. This dataset provides the latest reported value for - Kuwait Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2024, the average inflation rate in Kuwait stood at 2.9 percent. From 2014 to 2024, the inflation returned close to the initial level. The inflation is forecast to decline by 1.2 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator measures inflation based upon the year-on-year change in the average consumer price index, expressed in percent. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services.

Monthly and long-term Kuwait Inflation data: historical series and analyst forecasts curated by FocusEconomics.

Graph and download economic data for Inflation, consumer prices for Kuwait (FPCPITOTLZGKWT) from 1973 to 2024 about Kuwait, consumer, CPI, inflation, price index, indexes, and price.

Historical dataset showing Kuwait inflation rate by year from 1973 to 2024.

The Consumer Price Index in Kuwait increased 0.22 percent in July of 2025 over the previous month. This dataset provides - Kuwait Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The annual inflation rate for the period of 2020/2021 in Kuwait was *** percent. It was a steep increase from the inflation rate of *** percent in 2018/2019. Food and contribution was the leading sector contributing to the inflation rate with **** percent.

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Kuwait was 2.39 percent. That number was released in . It shows an increase from the inflation rate in the previous month when it stood at 2.32 percent. Compared to a year ago, we see a decrease from the inflation...

View yearly updates and historical trends for Kuwait Inflation Rate Outlook, End of Period Consumer Prices. Source: International Monetary Fund. Track eco…

Actual value and historical data chart for Kuwait Inflation Consumer Prices Annual Percent

Inflation rate of Kuwait plummeted by 20.42% from 3.6 % in 2023 to 2.9 % in 2024. Since the 16.27% surge in 2022, inflation rate sank by 27.18% in 2024. 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.

Graph and download economic data for Core Consumer Price Inflation for Kuwait (KWTPCPICOREPCHPT) from 2002 to 2010 about Kuwait, consumer prices, core, REO, consumer, inflation, and rate.

As of 2021, the consumer price inflation for Kuwait was *** percent. The consumer price inflation for Kuwait was projected to decrease to *** percent in 2023. The overall projection of the consumer price inflation for the entire Middle East and North Africa was on average **** percent.

Kuwait KW: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data was reported at 11.947 % in 2017. This records an increase from the previous number of -6.134 % for 2016. Kuwait KW: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data is updated yearly, averaging 4.925 % from Dec 1993 (Median) to 2017, with 25 observations. The data reached an all-time high of 22.358 % in 2005 and a record low of -25.958 % in 2015. Kuwait KW: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.; ; World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.; ;

Time series data for the statistic Inflation_Rate and country Kuwait. Indicator Definition: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.The statistic "Inflation Rate" stands at 2.90 percent as of 12/31/2024, the lowest value since 12/31/2021. Regarding the One-Year-Change of the series, the current value constitutes a decrease of -0.7436 percentage points compared to the value the year prior.The 1 year change in percentage points is -0.7436.The 3 year change in percentage points is -0.5251.The 5 year change in percentage points is 1.81.The 10 year change in percentage points is -0.0104.The Serie's long term average value is 2.86 percent. It's latest available value, on 12/31/2024, is 0.0407 percentage points higher, compared to it's long term average value.The Serie's change in percentage points from it's minimum value, on 12/31/2018, to it's latest available value, on 12/31/2024, is +2.36.The Serie's change in percentage points from it's maximum value, on 12/31/2011, to it's latest available value, on 12/31/2024, is -1.94.

Cost of food in Kuwait increased 5.63 percent in July of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Kuwait Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about Kuwait Consumer Price Index CPI growth

• Kuwait Consumer Price Index (CPI) growth was measured at 2.4 % YoY in Jul 2025, compared with a rate of 2.3 % in the previous month.
• Kuwait Consumer Price Index growth data is updated monthly, available from Jul 1992 to Jul 2025, with an averaged number of 6.8 % YoY.
• The data reached an all-time high of 11.6 % YoY in Aug 2008 and a record low of -2.5 % YoY in Apr 1993.

CEIC extends history for monthly Consumer Price Index Growth. Central Statistical Bureau provides Consumer Price Index Growth with base 2013=100. Consumer Price Index Growth prior to June 2016 is calculated from Consumer Price Index with base 2007=100 and prior to April 2012 is sourced from the International Monetary Fund.

The 'Inflation Rate YoY' in Kuwait measures the percentage change in the Consumer Price Index (CPI) compared to the same month in the previous year, indicating how prices for goods and services have increased over time.-2025-06-19

The 'Inflation Rate YoY' in Kuwait measures the percentage change in the Consumer Price Index (CPI) compared to the same month in the previous year, indicating how prices for goods and services have increased over time.-2025-03-24

This scatter chart displays death rate (per 1,000 people) against inflation (annual %) in Kuwait. The data is about countries per year.