Inflation Kuwait 2021
Average inflation: 3.4%
Current Inflation
Inflation is high at 3.4%, well above the ECB target.
Peak and Trough
The highest inflation was in December at 4.3%. The lowest inflation was in January at 2.9%.
- Highest month
- December: 4.3%
- Lowest month
- January: 2.9%
- Difference
- 1.4 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 9.5%. The lowest price increase was in Energy with an average of 0.5%.
- Highest increase
- Food: 9.5%
- Lowest increase
- Energy: 0.5%
Historical Context
Current inflation is 1.5% higher than the 5-year average of 1.9%.
- 5-year average
- 1.9%
- 10-year average
- 2.5%
- All-time high (2011)
- 4.8%
- All-time low (2018)
- 0.5%
Trend
Inflation shows an upward trend. Compared to 2020, inflation has risen by +1.3 percentage point.
- Change vs. previous year
- +1.3 percentage points
- Largest monthly swing
- September: +2.1 percentage points
ECB Target
Inflation is 1.4% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €103.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2021
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2020 |
|---|---|---|
| January | 2.9% | +1.2 |
| February | 3.0% | +1.3 |
| March | 3.2% | +1.3 |
| April | 3.1% | +1.2 |
| May | 3.2% | +1.3 |
| June | 3.4% | +1.6 |
| July | 3.2% | +1.3 |
| August | 2.9% | +0.7 |
| September | 4.1% | +2.1 |
| October | 3.8% | +1.3 |
| November | 3.9% | +1.1 |
| December | 4.3% | +1.3 |
| Average | 3.4% |
Data source
Data from WorldBank. Last updated: 06/01/2026.