Ghana vs Kuwait: External balance on goods and services
External balance on goods and services over time
- Ghana
- Kuwait
How they compare
Ghana currently reports 13.54 billion current LCU against 8.65 billion current LCU in Kuwait, a difference of 4.89 billion current LCU.
That makes Ghana's figure about 1.6 times Kuwait's.
The two have swapped places 7 times across 60 shared years of data; in 1965 it was Kuwait ahead.
Ghana ranks 51st and Kuwait ranks 53rd of 192 countries.
Kuwait has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Ghana | Kuwait | Difference | Ahead |
|---|---|---|---|---|
| 1960s | -5,500 current LCU | 327.80 million current LCU | 327.81 million current LCU | Kuwait |
| 1970s | -3,220 current LCU | 1.47 billion current LCU | 1.47 billion current LCU | Kuwait |
| 1980s | -2.55 million current LCU | 992.48 million current LCU | 995.03 million current LCU | Kuwait |
| 1990s | -122.26 million current LCU | -69.95 million current LCU | 52.31 million current LCU | Kuwait |
| 2000s | -2.44 billion current LCU | 6.99 billion current LCU | 9.42 billion current LCU | Kuwait |
| 2010s | -9.41 billion current LCU | 10.93 billion current LCU | 20.35 billion current LCU | Kuwait |
| 2020s | -4.92 billion current LCU | 9.36 billion current LCU | 14.28 billion current LCU | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Ghana or Kuwait?
- Ghana, at 13.54 billion current LCU against 8.65 billion current LCU in Kuwait as of 2024.
- What is the difference in external balance on goods and services between Ghana and Kuwait?
- 4.89 billion current LCU, with Ghana ahead.
- How many years of comparable data are there for Ghana and Kuwait?
- 60 years are reported by both, from 1965 to 2024.
- How do Ghana and Kuwait rank globally for external balance on goods and services?
- Ghana ranks 51st and Kuwait ranks 53rd of 192 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.