IBRD only vs Kuwait: External balance on goods and services
External balance on goods and services over time
- IBRD only
- Kuwait
How they compare
Kuwait currently reports 17.5% against 1.6% in IBRD only, a difference of 15.9%.
That makes Kuwait's figure about 10.9 times IBRD only's.
The two have swapped places 8 times across 60 shared years of data; in 1965 it was Kuwait ahead.
IBRD only ranks 13th and Kuwait ranks 12th of 44 groups.
Across the 7 decades both report, IBRD only averaged higher in 1 and Kuwait in 6.
Head to head by decade
| Decade | IBRD only | Kuwait | Difference | Ahead |
|---|---|---|---|---|
| 1960s | -0.3% | 37.4% | 37.8% | Kuwait |
| 1970s | -0.5% | 46.0% | 46.5% | Kuwait |
| 1980s | -0.9% | 14.3% | 15.2% | Kuwait |
| 1990s | -0.2% | -8.8% | 8.6% | IBRD only |
| 2000s | 2.3% | 27.5% | 25.2% | Kuwait |
| 2010s | 0.9% | 25.0% | 24.1% | Kuwait |
| 2020s | 1.3% | 18.7% | 17.4% | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, IBRD only or Kuwait?
- Kuwait, at 17.5% against 1.6% in IBRD only as of 2024.
- What is the difference in external balance on goods and services between IBRD only and Kuwait?
- 15.9%, with Kuwait ahead.
- How many years of comparable data are there for IBRD only and Kuwait?
- 60 years are reported by both, from 1965 to 2024.
- How do IBRD only and Kuwait rank globally for external balance on goods and services?
- IBRD only ranks 13th 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.