Kuwait vs Papua New Guinea: External balance on goods and services (current LCU), annual growth

Kuwait
-12.18 % change on previous year
in 2024
Papua New Guinea
-13.34 % change on previous year
in 2004
Kuwait rank
117th
Papua New Guinea rank
119th

External balance on goods and services (current LCU), annual growth over time

  • Kuwait
  • Papua New Guinea
-500-2500250500750196219932024

How they compare

Kuwait currently reports -12.18 % change on previous year against -13.34 % change on previous year in Papua New Guinea, a difference of 1.16 % change on previous year.

The two have swapped places 20 times across 37 shared years of data; in 1966 it was Kuwait ahead.

Kuwait ranks 117th and Papua New Guinea ranks 119th of 192 countries.

Across the 5 decades both report, Kuwait averaged higher in 4 and Papua New Guinea in 1.

Head to head by decade

Decade Kuwait Papua New Guinea Difference Ahead
1960s 2.11 % change on previous year -22.46 % change on previous year 24.57 % change on previous year Kuwait
1970s 44.51 % change on previous year -26.87 % change on previous year 71.38 % change on previous year Kuwait
1980s 33.05 % change on previous year -16.88 % change on previous year 49.93 % change on previous year Kuwait
1990s -8.28 % change on previous year 162.72 % change on previous year 170.99 % change on previous year Papua New Guinea
2000s 112.67 % change on previous year 89.26 % change on previous year 23.42 % change on previous year Kuwait

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services (current lcu), annual growth, Kuwait or Papua New Guinea?
Kuwait, at -12.18 % change on previous year against -13.34 % change on previous year in Papua New Guinea as of 2024.
What is the difference in external balance on goods and services (current lcu), annual growth between Kuwait and Papua New Guinea?
1.16 % change on previous year, with Kuwait ahead.
How many years of comparable data are there for Kuwait and Papua New Guinea?
37 years are reported by both, from 1966 to 2004.
How do Kuwait and Papua New Guinea rank globally for external balance on goods and services (current lcu), annual growth?
Kuwait ranks 117th and Papua New Guinea ranks 119th of 192 countries.
Where does this data come from?
Statizoid (derived), published as External balance on goods and services (current LCU), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Kuwait vs Papua New Guinea: External balance on goods and services (current LCU), annual growth. Statizoid, drawing on Statizoid (derived). Retrieved 12 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-current-lcu-annual-growth-rate/kuwait/papua-new-guinea/

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About this data

Indicator
External balance on goods and services (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
192 places, 8,589 data points, 1961–2025
Last refreshed

The year-on-year percentage change in External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.