Kuwait vs Upper middle income: External balance on goods and services
External balance on goods and services over time
- Kuwait
- Upper middle income
How they compare
Kuwait currently reports 17.5% against 2.1% in Upper middle income, a difference of 15.4%.
That makes Kuwait's figure about 8.3 times Upper middle income's.
The two have swapped places 8 times across 60 shared years of data; in 1965 it was Kuwait ahead.
Kuwait ranks 12th and Upper middle income ranks 11th of 193 countries.
Across the 7 decades both report, Kuwait averaged higher in 6 and Upper middle income in 1.
Head to head by decade
| Decade | Kuwait | Upper middle income | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 37.4% | -0.5% | 37.9% | Kuwait |
| 1970s | 46.0% | -0.4% | 46.5% | Kuwait |
| 1980s | 14.3% | -0.6% | 14.9% | Kuwait |
| 1990s | -8.8% | -0.5% | 8.2% | Upper middle income |
| 2000s | 27.5% | 2.5% | 25.1% | Kuwait |
| 2010s | 25.0% | 1.0% | 24.0% | Kuwait |
| 2020s | 18.7% | 1.4% | 17.3% | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Kuwait or Upper middle income?
- Kuwait, at 17.5% against 2.1% in Upper middle income as of 2024.
- What is the difference in external balance on goods and services between Kuwait and Upper middle income?
- 15.4%, with Kuwait ahead.
- How many years of comparable data are there for Kuwait and Upper middle income?
- 60 years are reported by both, from 1965 to 2024.
- How do Kuwait and Upper middle income rank globally for external balance on goods and services?
- Kuwait ranks 12th and Upper middle income ranks 11th 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.