Azerbaijan vs Kuwait: External balance on goods and services
External balance on goods and services over time
- Azerbaijan
- Kuwait
How they compare
Kuwait currently reports 10.96 billion constant LCU against 9.38 billion constant LCU in Azerbaijan, a difference of 1.58 billion constant LCU.
That makes Kuwait's figure about 1.2 times Azerbaijan's.
The two have swapped places 1 time across 5 shared years of data; in 2010 it was Azerbaijan ahead.
Azerbaijan ranks 42nd and Kuwait ranks 40th of 161 countries.
Kuwait has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher external balance on goods and services, Azerbaijan or Kuwait?
- Kuwait, at 10.96 billion constant LCU against 9.38 billion constant LCU in Azerbaijan as of 2024.
- What is the difference in external balance on goods and services between Azerbaijan and Kuwait?
- 1.58 billion constant LCU, with Kuwait ahead.
- How many years of comparable data are there for Azerbaijan and Kuwait?
- 5 years are reported by both, from 2010 to 2014.
- How do Azerbaijan and Kuwait rank globally for external balance on goods and services?
- Azerbaijan ranks 42nd and Kuwait ranks 40th of 161 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.