Changes in inventories in Kuwait
Kuwait: Changes in inventories was -2.65 billion current US$ in 2024. ◆ Volatile
Changes in inventories in Kuwait, 1965–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for changes in inventories in Kuwait is -2.65 billion current US$, measured in 2024. That is the lowest value across all 48 years on record.
The figure is down 292.4% on the previous year and down 2,535.1% over ten years.
Over the whole period, changes in inventories in Kuwait peaked at 1.23 billion current US$ in 2012 and was at its lowest, -2.65 billion current US$, in 2024.
Kuwait ranks 180th of 186 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Changes in inventories in Kuwait, year by year
| Year | current US$ | Change |
|---|---|---|
| 1965 | 64.40 million current US$ | — |
| 1966 | 44.80 million current US$ | -30.4% |
| 1967 | 64.40 million current US$ | +43.8% |
| 1968 | 39.20 million current US$ | -39.1% |
| 1969 | 53.20 million current US$ | +35.7% |
| 1970 | -5.88 million current US$ | -111.1% |
| 1971 | 8.42 million current US$ | -243.3% |
| 1972 | 27.06 million current US$ | +221.2% |
| 1973 | 22.93 million current US$ | -15.3% |
| 1974 | 125.19 million current US$ | +446.0% |
| 1975 | 89.99 million current US$ | -28.1% |
| 1976 | 246.59 million current US$ | +174.0% |
| 1977 | 451.55 million current US$ | +83.1% |
| 1978 | 250.86 million current US$ | -44.4% |
| 1979 | 521.41 million current US$ | +107.8% |
| 1980 | 388.46 million current US$ | -25.5% |
| 1981 | 319.24 million current US$ | -17.8% |
| 1982 | 448.40 million current US$ | +40.5% |
| 1983 | -65.84 million current US$ | -114.7% |
| 1984 | -27.93 million current US$ | -57.6% |
| 1985 | -201.89 million current US$ | +622.8% |
| 1986 | 80.42 million current US$ | -139.8% |
| 1987 | 134.18 million current US$ | +66.8% |
| 1988 | 416.77 million current US$ | +210.6% |
| 1989 | 362.18 million current US$ | -13.1% |
| 1990 | -74.31 million current US$ | -120.5% |
| 1991 | 281.42 million current US$ | -478.7% |
| 1992 | 494.21 million current US$ | +75.6% |
| 1993 | 493.38 million current US$ | -0.2% |
| 1994 | 707.07 million current US$ | +43.3% |
| 2007 | 0 current US$ | -100.0% |
| 2008 | 0 current US$ | — |
| 2009 | 0 current US$ | — |
| 2010 | 1.12 billion current US$ | — |
| 2011 | 1.15 billion current US$ | +2.4% |
| 2012 | 1.23 billion current US$ | +7.0% |
| 2013 | 1.11 billion current US$ | -9.6% |
| 2014 | -100.41 million current US$ | -109.0% |
| 2015 | -59.71 million current US$ | -40.5% |
| 2016 | 750.58 million current US$ | -1357.1% |
| 2017 | 871.73 million current US$ | +16.1% |
| 2018 | 1.12 billion current US$ | +28.7% |
| 2019 | 355.98 million current US$ | -68.3% |
| 2020 | -1.50 billion current US$ | -521.1% |
| 2021 | -1.71 billion current US$ | +13.9% |
| 2022 | 832.16 million current US$ | -148.7% |
| 2023 | -674.36 million current US$ | -181.0% |
| 2024 | -2.65 billion current US$ | +292.4% |
Kuwait compared with similar countries
- Kuwait's -2.65 billion current US$ is below the median for high income countries, which is 285.44 million current US$. (69 countries reporting)
- Kuwait's -2.65 billion current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 279.70 million current US$. (23 countries reporting)
Biggest year-on-year movements
Years where Changes in inventories in Kuwait changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | +1357.1% | -59.71 million current US$ | 750.58 million current US$ |
| 1985 | -622.8% | -27.93 million current US$ | -201.89 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 53.20 million current US$ | 39.20 million current US$ | 64.40 million current US$ | 5 |
| 1970s | 173.81 million current US$ | -5.88 million current US$ | 521.41 million current US$ | 10 |
| 1980s | 185.40 million current US$ | -201.89 million current US$ | 448.40 million current US$ | 10 |
| 1990s | 380.35 million current US$ | -74.31 million current US$ | 707.07 million current US$ | 5 |
| 2000s | 0 current US$ | 0 current US$ | 0 current US$ | 3 |
| 2010s | 755.28 million current US$ | -100.41 million current US$ | 1.23 billion current US$ | 10 |
| 2020s | -1.14 billion current US$ | -2.65 billion current US$ | 832.16 million current US$ | 5 |
Countries ranked near Kuwait
More economy & growth data for Kuwait
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.99 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.019 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 614.43 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 413.09 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -32.78 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0026 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 84.91 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 1.99 % change on previous year (2025)
Frequently asked questions
- What is changes in inventories in Kuwait?
- Changes in inventories in Kuwait was -2.65 billion current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest changes in inventories recorded in Kuwait?
- The highest recorded value was 1.23 billion current US$ in 2012.
- What is the lowest changes in inventories recorded in Kuwait?
- The lowest recorded value was -2.65 billion current US$ in 2024.
- How does Kuwait rank for changes in inventories?
- Kuwait ranks 180th 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 2,535.1%. 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 Organizations and/or Central Banks, published as part of Changes in inventories (current US$). 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 indicator is expressed in United States dollars.