Kuwait vs Somalia: External balance on goods and services (current US$), annual growth

Kuwait
-12.04 % change on previous year
in 2024
Somalia
-11.25 % change on previous year
in 2025
Kuwait rank
117th
Somalia rank
115th

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

  • Kuwait
  • Somalia
-500-2500250500750196119932025

How they compare

Somalia currently reports -11.25 % change on previous year against -12.04 % change on previous year in Kuwait, a difference of 0.79 % change on previous year.

The two have swapped places 16 times across 36 shared years of data; in 1966 it was Kuwait ahead.

Kuwait ranks 117th and Somalia ranks 115th of 192 countries.

Across the 6 decades both report, Kuwait averaged higher in 5 and Somalia in 1.

Head to head by decade

Decade Kuwait Somalia Difference Ahead
1960s 2.11 % change on previous year -38.68 % change on previous year 40.79 % change on previous year Kuwait
1970s 47.57 % change on previous year -42.67 % change on previous year 90.24 % change on previous year Kuwait
1980s 26.83 % change on previous year -14.86 % change on previous year 41.69 % change on previous year Kuwait
1990s -190.23 % change on previous year 36.94 % change on previous year 227.17 % change on previous year Somalia
2010s 92.04 % change on previous year -8.56 % change on previous year 100.6 % change on previous year Kuwait
2020s 76.55 % change on previous year -16.58 % change on previous year 93.13 % 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 us$), annual growth, Kuwait or Somalia?
Somalia, at -11.25 % change on previous year against -12.04 % change on previous year in Kuwait as of 2025.
What is the difference in external balance on goods and services (current us$), annual growth between Kuwait and Somalia?
0.79 % change on previous year, with Somalia ahead.
How many years of comparable data are there for Kuwait and Somalia?
36 years are reported by both, from 1966 to 2024.
How do Kuwait and Somalia rank globally for external balance on goods and services (current us$), annual growth?
Kuwait ranks 117th and Somalia ranks 115th of 192 countries.
Where does this data come from?
Statizoid (derived), published as External balance on goods and services (current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Kuwait vs Somalia: External balance on goods and services (current US$), annual growth. Statizoid, drawing on Statizoid (derived). Retrieved 05 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-current-us-annual-growth-rate/kuwait/somalia-fed-rep/

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About this data

Indicator
External balance on goods and services (current US$), 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, 8,628 data points, 1961–2025
Last refreshed

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