Annual growth of exports of goods and services (%) in Kuwait
Kuwait: Annual growth of exports of goods and services (%) was 2.4% in 2023. ◆ Volatile
Annual growth of exports of goods and services in Kuwait, 2011–2023
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual growth of exports of goods and services in Kuwait is 2.4%, measured in 2023.
That represents a change of down 84.4% on the previous year and up 179.7% over ten years.
Over the whole period, annual growth of exports of goods and services in Kuwait peaked at 15.3% in 2022 and was at its lowest, -8.5%, in 2019.
Kuwait ranks 100th of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of exports of goods and services (%) in Kuwait, year by year
| Year | % | Change |
|---|---|---|
| 2011 | 14.3% | — |
| 2012 | 7.7% | -46.1% |
| 2013 | -3.0% | -139.0% |
| 2014 | 0.4% | -112.1% |
| 2015 | -0.9% | -338.7% |
| 2016 | 2.5% | -383.6% |
| 2017 | -4.8% | -293.2% |
| 2018 | -0.3% | -93.2% |
| 2019 | -8.5% | +2539.2% |
| 2020 | -2.9% | -66.0% |
| 2021 | -3.2% | +10.2% |
| 2022 | 15.3% | -580.1% |
| 2023 | 2.4% | -84.4% |
Kuwait compared with similar countries
- Kuwait's 2.4% is above the median for high income countries, which is 2.1%, 1.1× the median. (59 countries reporting)
- Kuwait's 2.4% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.9%, 2.7× the median. (18 countries reporting)
Biggest year-on-year movements
Years where Annual growth of exports of goods and services (%) in Kuwait changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2019 | -2539.2% | -0.3% | -8.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.8% | -8.5% | 14.3% | 9 |
| 2020s | 2.9% | -3.2% | 15.3% | 4 |
Countries ranked near Kuwait
More economy & growth data for Kuwait
- Real gdp growth, annual growth rate 10.23 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.61 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.56 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0284 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 916.14 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.517 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0207 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 668.96 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.97 % change on previous year (2025)
Frequently asked questions
- What is annual growth of exports of goods and services in Kuwait?
- Annual growth of exports of goods and services in Kuwait was 2.4% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of exports of goods and services recorded in Kuwait?
- The highest recorded value was 15.3% in 2022.
- What is the lowest annual growth of exports of goods and services recorded in Kuwait?
- The lowest recorded value was -8.5% in 2019.
- How does Kuwait rank for annual growth of exports of goods and services?
- Kuwait ranks 100th out of 186 countries with data for 2023.
- Is annual growth of exports of goods and services rising or falling in Kuwait?
- Over the last ten years it is up 179.7%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of exports of goods and services (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under UN SDG Global Database (open, attribution requested).