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$, in 2024.
Kuwait ranks 179th of 185 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 53.20 million current US$ | 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
- External balance on goods and services as a percent of GDP 17.5% (2024)
- Inflation of consumer prices 2.4% (2025)
- GDP per capita 24,963 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 7.7% (2025)
- Gross domestic product (GDP) 121.45 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 24,963 constant 2015 US$ (2025)
- DEC alternative conversion factor 0.3065 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -4.47 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -14.57 billion current US$ (2024)
- Taxes less subsidies on products -3.61 billion current LCU (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 179th out of 185 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.