Kuwait vs Oman: External balance on goods and services as a percent of GDP

Kuwait
17.5%
in 2024
Oman
17.3%
in 2024
Kuwait rank
12th
Oman rank
14th

External balance on goods and services as a percent of GDP over time

  • Kuwait
  • Oman
-100-50050196519942024

How they compare

Kuwait currently reports 17.5% against 17.3% in Oman, a difference of 0.2%.

The two have swapped places 12 times across 57 shared years of data; in 1967 it was Kuwait ahead.

Kuwait ranks 12th and Oman ranks 14th of 191 countries.

Across the 7 decades both report, Kuwait averaged higher in 4 and Oman in 3.

Head to head by decade

Decade Kuwait Oman Difference Ahead
1960s 33.8% 43.1% 9.4% Oman
1970s 46.0% 21.9% 24.1% Kuwait
1980s 14.6% 15.0% 0.3% Oman
1990s -8.8% 12.1% 20.9% Oman
2000s 27.5% 18.0% 9.5% Kuwait
2010s 25.0% 14.1% 10.9% Kuwait
2020s 18.7% 13.5% 5.2% Kuwait

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services as a percent of gdp, Kuwait or Oman?
Kuwait, at 17.5% against 17.3% in Oman as of 2024.
What is the difference in external balance on goods and services as a percent of gdp between Kuwait and Oman?
0.2%, with Kuwait ahead.
How many years of comparable data are there for Kuwait and Oman?
57 years are reported by both, from 1967 to 2024.
How do Kuwait and Oman rank globally for external balance on goods and services as a percent of gdp?
Kuwait ranks 12th and Oman ranks 14th of 191 countries.
Where does this data come from?
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as External balance on goods and services as a percent of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Kuwait vs Oman: External balance on goods and services as a percent of GDP. Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 13 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-as-a-percent-of-gdp/kuwait/oman/

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About this data

Indicator
External balance on goods and services as a percent of GDP
Unit
% of GDP
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
191 places, 9,006 data points, 1960–2025
Last refreshed

Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.