Europe & Central Asia vs Kuwait: External balance on goods and services
External balance on goods and services over time
- Europe & Central Asia
- Kuwait
How they compare
Kuwait currently reports 17.5% against 2.7% in Europe & Central Asia, a difference of 14.8%.
That makes Kuwait's figure about 6.5 times Europe & Central Asia's.
The two have swapped places 8 times across 55 shared years of data; in 1970 it was Kuwait ahead.
Europe & Central Asia ranks 10th and Kuwait ranks 12th of 44 groups.
Across the 6 decades both report, Europe & Central Asia averaged higher in 1 and Kuwait in 5.
Head to head by decade
| Decade | Europe & Central Asia | Kuwait | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -0.6% | 46.0% | 46.6% | Kuwait |
| 1980s | -0.5% | 14.3% | 14.8% | Kuwait |
| 1990s | 1.1% | -8.8% | 9.9% | Europe & Central Asia |
| 2000s | 1.7% | 27.5% | 25.9% | Kuwait |
| 2010s | 3.0% | 25.0% | 22.0% | Kuwait |
| 2020s | 3.3% | 18.7% | 15.5% | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Europe & Central Asia or Kuwait?
- Kuwait, at 17.5% against 2.7% in Europe & Central Asia as of 2024.
- What is the difference in external balance on goods and services between Europe & Central Asia and Kuwait?
- 14.8%, with Kuwait ahead.
- How many years of comparable data are there for Europe & Central Asia and Kuwait?
- 55 years are reported by both, from 1970 to 2024.
- How do Europe & Central Asia and Kuwait rank globally for external balance on goods and services?
- Europe & Central Asia ranks 10th and Kuwait ranks 12th of 44 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.