Kuwait vs Libya: External balance on goods and services
External balance on goods and services over time
- Kuwait
- Libya
How they compare
Libya currently reports 14.72 billion current LCU against 8.65 billion current LCU in Kuwait, a difference of 6.07 billion current LCU.
That makes Libya's figure about 1.7 times Kuwait's.
The two have swapped places 8 times across 35 shared years of data; in 1990 it was Libya ahead.
Kuwait ranks 53rd and Libya ranks 50th of 192 countries.
Across the 4 decades both report, Kuwait averaged higher in 1 and Libya in 3.
Head to head by decade
| Decade | Kuwait | Libya | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -69.95 million current LCU | 399.64 million current LCU | 469.59 million current LCU | Libya |
| 2000s | 6.99 billion current LCU | 18.88 billion current LCU | 11.90 billion current LCU | Libya |
| 2010s | 10.93 billion current LCU | 9.77 billion current LCU | 1.16 billion current LCU | Kuwait |
| 2020s | 9.36 billion current LCU | 23.56 billion current LCU | 14.20 billion current LCU | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Kuwait or Libya?
- Libya, at 14.72 billion current LCU against 8.65 billion current LCU in Kuwait as of 2025.
- What is the difference in external balance on goods and services between Kuwait and Libya?
- 6.07 billion current LCU, with Libya ahead.
- How many years of comparable data are there for Kuwait and Libya?
- 35 years are reported by both, from 1990 to 2024.
- How do Kuwait and Libya rank globally for external balance on goods and services?
- Kuwait ranks 53rd and Libya ranks 50th 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.