Makrognosis

Kuwait Credit Rating & Sovereign Risk Score

Model scoreCode CREDIT:KW

Model score60 / 1009 Nov 2026
Grade equivalentBBBmodel-implied
BandInvestment grade0–100 scale, 100 = strongest
Rank45th of 84economies scored

Makrognosis sovereign credit model scores Kuwait at 60 out of 100 as of 9 November 2026, equivalent to BBB on the familiar letter scale — investment grade.

The score is unchanged from the previous assessment on 1 October 2026.

That places Kuwait 45th of the 84 economies the model scores; Russia has the highest score at 100.

Key inputs include government debt of 24.4% of GDP, a fiscal balance of 23.6% of GDP, a current account balance of 22.7% of GDP.

This is a model-implied assessment built from official macroeconomic data. It is not a credit rating issued by S&P, Moody's or Fitch, and agency ratings are not reproduced here.

Kuwait sovereign credit score (0–100), 18 Jun 2026 – 9 Nov 20265560657075Robomacro
Kuwait sovereign credit score (0–100), 18 Jun 2026 – 9 Nov 2026. Source: Makrognosis sovereign credit model.

Score history

Assessment dateScoreGrade equivalent
9 November 202659.7BBB
1 October 202659.7BBB
31 July 202659.7BBB
30 July 202675.2A
26 July 202677.3A
21 June 202665.0BBB+
18 June 202677.0A
Get the Kuwait sovereign risk score in your code

Score, grade equivalent and inputs for 84 economies. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/credit/KW"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/credit/KW",
                 headers={"X-API-Key": KEY})
score = r.json()["headline"]["score_0_100"]
Get a free API key → · API docs

What drives the score

The model's published inputs for Kuwait, from official national and international statistics.

InputValueVintage
GDP per capitaUS$32,3122026
Real GDP growth, 5-year average0.7%2026
Inflation, recent average2.3%2026
Government debt24.4% of GDP2026
Fiscal balance23.6% of GDP2026
Current account balance22.7% of GDP2026
Foreign-exchange reserves8.4 months of imports2026
Governance (World Bank WGI composite)0.1262026

How Kuwait compares

#EconomyAs ofScore
1Russia9 Nov 2026100
2Turkey9 Nov 2026100
3Denmark9 Nov 202698
4Switzerland9 Nov 202696
5Netherlands9 Nov 202695
40Oman9 Nov 202665
41South Africa9 Nov 202664
42Grenada9 Nov 202663
43Greece9 Nov 202663
44Indonesia9 Nov 202661
45Kuwait9 Nov 202660
46Romania9 Nov 202660
47Hungary9 Nov 202659
48Ghana9 Nov 202659
49Argentina9 Nov 202658
50Panama9 Nov 202658
51Trinidad and Tobago9 Nov 202657

All 84 economies ranked →

Kuwait economic indicators

Kuwait Inflation Rate (CPI)Kuwait Kuwaiti Dinar per US Dollar (KWD/USD; Central Bank of daily reference rate)

FAQ

What is Kuwait's credit rating?
Makrognosis sovereign credit model scores Kuwait at 60/100 as of 9 November 2026, equivalent to BBB (investment grade). This is a model-implied assessment built from official macroeconomic data. It is not a credit rating issued by S&P, Moody's or Fitch, and agency ratings are not reproduced here.
How is the sovereign risk score calculated?
A statistical model scores each economy from published inputs — government debt and fiscal balance, current account and external debt, GDP per capita and growth, inflation, reserves and governance — on a 0–100 scale where 100 is the strongest credit. It is re-run as the inputs update.
Where can I get the data?
Through the Makrognosis API: GET /v1/credit/KW returns the score history and inputs; /v1/credit/universe lists every economy.

This is a model-implied assessment built from official macroeconomic data. It is not a credit rating issued by S&P, Moody's or Fitch, and agency ratings are not reproduced here.

Last assessed 2026-11-09. Source: Makrognosis sovereign credit model.