Kuwait vs Other small states: External balance on goods and services
External balance on goods and services over time
- Kuwait
- Other small states
How they compare
Kuwait currently reports 17.5% against 1.9% in Other small states, a difference of 15.6%.
That makes Kuwait's figure about 9.2 times Other small states's.
The two have swapped places 4 times across 32 shared years of data; in 1993 it was Kuwait ahead.
Kuwait ranks 12th and Other small states ranks 12th of 193 countries.
Kuwait has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Kuwait | Other small states | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6.9% | -5.3% | 12.2% | Kuwait |
| 2000s | 27.5% | -2.0% | 29.5% | Kuwait |
| 2010s | 25.0% | 2.4% | 22.5% | Kuwait |
| 2020s | 18.7% | 1.2% | 17.5% | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Kuwait or Other small states?
- Kuwait, at 17.5% against 1.9% in Other small states as of 2024.
- What is the difference in external balance on goods and services between Kuwait and Other small states?
- 15.6%, with Kuwait ahead.
- How many years of comparable data are there for Kuwait and Other small states?
- 32 years are reported by both, from 1993 to 2024.
- How do Kuwait and Other small states rank globally for external balance on goods and services?
- Kuwait ranks 12th and Other small states ranks 12th of 193 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 (% 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.