Figure 6. Public debt-to-GDP ratio, 2022

Bar chart of the public debt-to-GDP ratio (in 2022) of the GCC member countries. The public finances of these countries are very sound, with the exception of Bahrain, where the public debt-to-GDP ratio approached 120% of GDP in 2022 and the public deficit-to-GDP ratio exceeded 6%.Very remarkable is the fiscal position of Kuwait, with a public debt to GDP ratio slightly above 3% and a very large fiscal surplus in 2022 of almost 20% of GDP.