Standard & Poor's Agency estimated Kuwait's sovereign assets at $522 billion by the end of 2018, and $477 billion in external assets (external assets account for 91 percent of total sovereign assets).
Kuwait's liquid assets represent 384 percent of GDP, the world’s first top position in terms of its ability to meet its obligations and achieve financial security against economic or financial crises.
Kuwait's gross domestic product (GDP) is estimated at $135 billion in 2018. The sovereign assets include KIA's asset estimates, government deposits with the central bank and financial institutions.
In his report, the agency forecasted that the fund's sovereign assets would increase to nearly $600 billion by the end of 2021 and by 15 percent over the next three years at an annual rate of 5 percent. Foreign assets are expected to reach Kuwait's sovereign assets in three years at $562 billion, while sovereign assets will exceed 406 percent of the country's gross domestic product.
Source: (Economic Bulletin website, Edited)
