Kuwait vs Malaysia: External balance on goods and services
External balance on goods and services over time
- Kuwait
- Malaysia
How they compare
Kuwait currently reports 28.19 billion current US$ against 26.16 billion current US$ in Malaysia, a difference of 2.04 billion current US$.
That makes Kuwait's figure about 1.1 times Malaysia's.
The two have swapped places 10 times across 60 shared years of data; in 1965 it was Kuwait ahead.
Kuwait ranks 19th and Malaysia ranks 21st of 192 countries.
Across the 7 decades both report, Kuwait averaged higher in 5 and Malaysia in 2.
Head to head by decade
| Decade | Kuwait | Malaysia | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 917.84 million current US$ | 165.03 million current US$ | 752.81 million current US$ | Kuwait |
| 1970s | 5.04 billion current US$ | 558.65 million current US$ | 4.48 billion current US$ | Kuwait |
| 1980s | 3.54 billion current US$ | 958.44 million current US$ | 2.58 billion current US$ | Kuwait |
| 1990s | -312.24 million current US$ | 3.32 billion current US$ | 3.63 billion current US$ | Malaysia |
| 2000s | 24.47 billion current US$ | 29.67 billion current US$ | 5.20 billion current US$ | Malaysia |
| 2010s | 38.47 billion current US$ | 29.60 billion current US$ | 8.87 billion current US$ | Kuwait |
| 2020s | 30.62 billion current US$ | 23.87 billion current US$ | 6.75 billion current US$ | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Kuwait or Malaysia?
- Kuwait, at 28.19 billion current US$ against 26.16 billion current US$ in Malaysia as of 2024.
- What is the difference in external balance on goods and services between Kuwait and Malaysia?
- 2.04 billion current US$, with Kuwait ahead.
- How many years of comparable data are there for Kuwait and Malaysia?
- 60 years are reported by both, from 1965 to 2024.
- How do Kuwait and Malaysia rank globally for external balance on goods and services?
- Kuwait ranks 19th and Malaysia ranks 21st of 192 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (current US$). 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 indicator is expressed in United States dollars.