Changes in inventories (current LCU) in Kuwait
Kuwait: Changes in inventories (current LCU) was -811.50 million current LCU in 2024. ◆ Volatile
Changes in inventories in Kuwait, 1965–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2024, changes in inventories in Kuwait stood at -811.50 million current LCU. That is the lowest value across all 48 years on record.
The figure is down 291.7% on the previous year and down 2,740.0% over ten years.
Over the whole period, changes in inventories in Kuwait peaked at 344.28 million current LCU in 2012 and was at its lowest, -811.50 million current LCU, in 2024.
Kuwait ranks 156th of 186 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Changes in inventories (current LCU) in Kuwait, year by year
| Year | current LCU | Change |
|---|---|---|
| 1965 | 23.00 million current LCU | — |
| 1966 | 16.00 million current LCU | -30.4% |
| 1967 | 23.00 million current LCU | +43.8% |
| 1968 | 14.00 million current LCU | -39.1% |
| 1969 | 19.00 million current LCU | +35.7% |
| 1970 | -2.10 million current LCU | -111.1% |
| 1971 | 3.00 million current LCU | -242.9% |
| 1972 | 8.90 million current LCU | +196.7% |
| 1973 | 6.80 million current LCU | -23.6% |
| 1974 | 36.70 million current LCU | +439.7% |
| 1975 | 26.10 million current LCU | -28.9% |
| 1976 | 72.10 million current LCU | +176.2% |
| 1977 | 129.40 million current LCU | +79.5% |
| 1978 | 69.00 million current LCU | -46.7% |
| 1979 | 144.10 million current LCU | +108.8% |
| 1980 | 105.00 million current LCU | -27.1% |
| 1981 | 89.00 million current LCU | -15.2% |
| 1982 | 129.10 million current LCU | +45.1% |
| 1983 | -19.19 million current LCU | -114.9% |
| 1984 | -8.27 million current LCU | -56.9% |
| 1985 | -60.72 million current LCU | +634.2% |
| 1986 | 23.37 million current LCU | -138.5% |
| 1987 | 37.39 million current LCU | +60.0% |
| 1988 | 116.29 million current LCU | +211.0% |
| 1989 | 106.40 million current LCU | -8.5% |
| 1990 | -21.40 million current LCU | -120.1% |
| 1991 | 80.00 million current LCU | -473.8% |
| 1992 | 145.00 million current LCU | +81.2% |
| 1993 | 149.00 million current LCU | +2.8% |
| 1994 | 210.00 million current LCU | +40.9% |
| 2007 | 0 current LCU | -100.0% |
| 2008 | 0 current LCU | — |
| 2009 | 0 current LCU | — |
| 2010 | 321.58 million current LCU | — |
| 2011 | 317.08 million current LCU | -1.4% |
| 2012 | 344.28 million current LCU | +8.6% |
| 2013 | 315.32 million current LCU | -8.4% |
| 2014 | -28.57 million current LCU | -109.1% |
| 2015 | -17.96 million current LCU | -37.1% |
| 2016 | 226.78 million current LCU | -1362.5% |
| 2017 | 264.44 million current LCU | +16.6% |
| 2018 | 338.77 million current LCU | +28.1% |
| 2019 | 108.08 million current LCU | -68.1% |
| 2020 | -459.08 million current LCU | -524.8% |
| 2021 | -514.98 million current LCU | +12.2% |
| 2022 | 254.85 million current LCU | -149.5% |
| 2023 | -207.15 million current LCU | -181.3% |
| 2024 | -811.50 million current LCU | +291.7% |
Kuwait compared with similar countries
- Kuwait's -811.50 million current LCU is below the median for high income countries, which is 300.00 million current LCU. (69 countries reporting)
- Kuwait's -811.50 million current LCU is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 337.80 million current LCU. (23 countries reporting)
Biggest year-on-year movements
Years where Changes in inventories (current LCU) 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 |
|---|---|---|---|
| 2016 | +1362.5% | -17.96 million current LCU | 226.78 million current LCU |
| 1985 | -634.2% | -8.27 million current LCU | -60.72 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 19.00 million current LCU | 14.00 million current LCU | 23.00 million current LCU | 5 |
| 1970s | 49.40 million current LCU | -2.10 million current LCU | 144.10 million current LCU | 10 |
| 1980s | 51.84 million current LCU | -60.72 million current LCU | 129.10 million current LCU | 10 |
| 1990s | 112.52 million current LCU | -21.40 million current LCU | 210.00 million current LCU | 5 |
| 2000s | 0 current LCU | 0 current LCU | 0 current LCU | 3 |
| 2010s | 218.98 million current LCU | -28.57 million current LCU | 344.28 million current LCU | 10 |
| 2020s | -347.57 million current LCU | -811.50 million current LCU | 254.85 million current LCU | 5 |
Countries ranked near Kuwait
- 153 South Africa -581.90 million current LCU compare
- 154 Lithuania -592.47 million current LCU compare
- 155 Slovakia -612.32 million current LCU compare
- 157 Eswatini -977.45 million current LCU compare
- 158 New Caledonia -983.00 million current LCU compare
- 159 Croatia -1.07 billion current LCU compare
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 changes in inventories in Kuwait?
- Changes in inventories in Kuwait was -811.50 million current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest changes in inventories recorded in Kuwait?
- The highest recorded value was 344.28 million current LCU in 2012.
- What is the lowest changes in inventories recorded in Kuwait?
- The lowest recorded value was -811.50 million current LCU in 2024.
- How does Kuwait rank for changes in inventories?
- Kuwait ranks 156th out of 186 countries with data for 2024.
- Is changes in inventories rising or falling in Kuwait?
- Over the last ten years it is down 2,740.0%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Changes in inventories (current LCU). Statizoid updates them automatically from the source API.
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About this data
Changes in inventories is the value of entries into inventories less the value of withdrawals and less the value of any recurrent losses of goods held in inventories during the accounting period.This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.