Exports of goods and services in Kuwait
Kuwait: Exports of goods and services was -3.2% in 2024. ◆ Volatile
Exports of goods and services in Kuwait, 2011–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
In 2024, exports of goods and services in Kuwait stood at -3.2%.
That represents a change of down 235.5% on the previous year and down 979.5% over ten years.
Over the whole period, exports of goods and services in Kuwait peaked at 15.3% in 2022 and was at its lowest, -8.5%, in 2019.
Kuwait ranks 157th of 178 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of goods and services in Kuwait, year by year
| Year | annual % growth | 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% | -84.6% |
| 2024 | -3.2% | -235.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.8% | -8.5% | 14.3% | 9 |
| 2020s | 1.7% | -3.2% | 15.3% | 5 |
Countries ranked near Kuwait
- 154 Haiti -2.0% compare
- 155 South Africa -2.5% compare
- 156 Samoa -2.6% compare
- 158 Mozambique -4.0% compare
- 159 Brunei Darussalam -4.1% compare
- 160 Montenegro -4.6% compare
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)
- Total reserves minus gold (current US$), annual growth rate -7.84 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.2586 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 8,355 current US$ per person (2025)
- General government final consumption expenditure (current US$) 2.02 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.2579 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 8,474 current US$ per person (2024)
- General government final consumption expenditure (current LCU) 1.85 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 0.0791 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is exports of goods and services in Kuwait?
- Exports of goods and services in Kuwait was -3.2% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest exports of goods and services recorded in Kuwait?
- The highest recorded value was 15.3% in 2022.
- What is the lowest exports of goods and services recorded in Kuwait?
- The lowest recorded value was -8.5% in 2019.
- How does Kuwait rank for exports of goods and services?
- Kuwait ranks 157th out of 178 countries with data for 2024.
- Is exports of goods and services rising or falling in Kuwait?
- Over the last ten years it is down 979.5%. 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 Exports of goods and services (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.