Exports of goods and services (constant 2015 US$), per unit of GDP in Kuwait
Kuwait: Exports of goods and services (constant 2015 US$), per unit of GDP was 0.366 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
Exports of goods and services (constant 2015 US$), per unit of GDP in Kuwait, 2010–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
Kuwait recorded 0.366 constant 2015 US$ per US$ of GDP for exports of goods and services (constant 2015 us$), per unit of gdp in 2024.
The figure is down 0.5% on the previous year and down 4.2% over ten years.
Over the whole period, exports of goods and services (constant 2015 us$), per unit of gdp in Kuwait peaked at 0.577 constant 2015 US$ per US$ of GDP in 2016 and was at its lowest, 0.3239 constant 2015 US$ per US$ of GDP, in 2022.
That places Kuwait 54th out of 172 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Exports of goods and services (constant 2015 US$), per unit of GDP in Kuwait, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 2010 | 0.4495 constant 2015 US$ per US$ of GDP | — |
| 2011 | 0.3848 constant 2015 US$ per US$ of GDP | -14.4% |
| 2012 | 0.3668 constant 2015 US$ per US$ of GDP | -4.7% |
| 2013 | 0.3555 constant 2015 US$ per US$ of GDP | -3.1% |
| 2014 | 0.3821 constant 2015 US$ per US$ of GDP | +7.5% |
| 2015 | 0.5377 constant 2015 US$ per US$ of GDP | +40.7% |
| 2016 | 0.577 constant 2015 US$ per US$ of GDP | +7.3% |
| 2017 | 0.4982 constant 2015 US$ per US$ of GDP | -13.7% |
| 2018 | 0.4322 constant 2015 US$ per US$ of GDP | -13.2% |
| 2019 | 0.3893 constant 2015 US$ per US$ of GDP | -9.9% |
| 2020 | 0.4796 constant 2015 US$ per US$ of GDP | +23.2% |
| 2021 | 0.3475 constant 2015 US$ per US$ of GDP | -27.5% |
| 2022 | 0.3239 constant 2015 US$ per US$ of GDP | -6.8% |
| 2023 | 0.3677 constant 2015 US$ per US$ of GDP | +13.5% |
| 2024 | 0.366 constant 2015 US$ per US$ of GDP | -0.5% |
Kuwait compared with similar countries
- Kuwait's 0.366 constant 2015 US$ per US$ of GDP is below the median for high income countries, which is 0.3855 constant 2015 US$ per US$ of GDP, 95% of the median. (63 countries reporting)
- Kuwait's 0.366 constant 2015 US$ per US$ of GDP is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.322 constant 2015 US$ per US$ of GDP, 1.1× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.4373 constant 2015 US$ per US$ of GDP | 0.3555 constant 2015 US$ per US$ of GDP | 0.577 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.3769 constant 2015 US$ per US$ of GDP | 0.3239 constant 2015 US$ per US$ of GDP | 0.4796 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near Kuwait
- 51 Lesotho 0.3762 constant 2015 US$ per US$ of GDP compare
- 52 Guinea 0.3749 constant 2015 US$ per US$ of GDP compare
- 53 South Sudan 0.3665 constant 2015 US$ per US$ of GDP compare
- 55 Croatia 0.3657 constant 2015 US$ per US$ of GDP compare
- 56 Namibia 0.3619 constant 2015 US$ per US$ of GDP compare
- 57 Egypt 0.3617 constant 2015 US$ per US$ of GDP 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 exports of goods and services (constant 2015 us$), per unit of gdp in Kuwait?
- Exports of goods and services (constant 2015 us$), per unit of gdp in Kuwait was 0.366 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest exports of goods and services (constant 2015 us$), per unit of gdp recorded in Kuwait?
- The highest recorded value was 0.577 constant 2015 US$ per US$ of GDP in 2016.
- What is the lowest exports of goods and services (constant 2015 us$), per unit of gdp recorded in Kuwait?
- The lowest recorded value was 0.3239 constant 2015 US$ per US$ of GDP in 2022.
- How does Kuwait rank for exports of goods and services (constant 2015 us$), per unit of gdp?
- Kuwait ranks 54th out of 172 countries with data for 2024.
- Is exports of goods and services (constant 2015 us$), per unit of gdp rising or falling in Kuwait?
- Over the last ten years it is down 4.2%. The long-run trend across the full record is falling.
- Where does this Kuwait data come from?
- The figures come from Statizoid (derived), published as part of Exports of goods and services (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Exports of goods and services (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Exports of goods and services (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Exports of goods and services Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Exports of goods and services (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.