Kuwait vs Oman: External balance on goods and services
External balance on goods and services over time
- Kuwait
- Oman
How they compare
Kuwait currently reports 10.96 billion constant LCU against 6.49 billion constant LCU in Oman, a difference of 4.47 billion constant LCU.
That makes Kuwait's figure about 1.7 times Oman's.
Across all 7 years both countries report, Kuwait has been ahead every year.
Kuwait ranks 40th and Oman ranks 43rd of 161 countries.
Kuwait has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Kuwait | Oman | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 9.83 billion constant LCU | 4.61 billion constant LCU | 5.22 billion constant LCU | Kuwait |
| 2020s | 11.70 billion constant LCU | 5.37 billion constant LCU | 6.33 billion constant LCU | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Kuwait or Oman?
- Kuwait, at 10.96 billion constant LCU against 6.49 billion constant LCU in Oman as of 2024.
- What is the difference in external balance on goods and services between Kuwait and Oman?
- 4.47 billion constant LCU, with Kuwait ahead.
- How many years of comparable data are there for Kuwait and Oman?
- 7 years are reported by both, from 2018 to 2024.
- How do Kuwait and Oman rank globally for external balance on goods and services?
- Kuwait ranks 40th and Oman ranks 43rd 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.
Individual pages
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.