Exports of goods and services (constant 2015 US$) in Kuwait
Kuwait: Exports of goods and services (constant 2015 US$) was 58.89 billion constant 2015 US$ in 2024. ▬ Flat
Exports of goods and services in Kuwait, 2010–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for exports of goods and services in Kuwait is 58.89 billion constant 2015 US$, measured in 2024.
Compared with earlier readings it is down 3.2% on the previous year and down 5.2% over ten years.
Over the whole period, exports of goods and services in Kuwait peaked at 63.83 billion constant 2015 US$ in 2012 and was at its lowest, 51.56 billion constant 2015 US$, in 2021.
Kuwait ranks 52nd of 172 countries on this measure, in the middle of the range.
Exports of goods and services (constant 2015 US$) in Kuwait, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2010 | 51.88 billion constant 2015 US$ | — |
| 2011 | 59.28 billion constant 2015 US$ | +14.3% |
| 2012 | 63.83 billion constant 2015 US$ | +7.7% |
| 2013 | 61.92 billion constant 2015 US$ | -3.0% |
| 2014 | 62.15 billion constant 2015 US$ | +0.4% |
| 2015 | 61.61 billion constant 2015 US$ | -0.9% |
| 2016 | 63.12 billion constant 2015 US$ | +2.5% |
| 2017 | 60.12 billion constant 2015 US$ | -4.8% |
| 2018 | 59.93 billion constant 2015 US$ | -0.3% |
| 2019 | 54.84 billion constant 2015 US$ | -8.5% |
| 2020 | 53.25 billion constant 2015 US$ | -2.9% |
| 2021 | 51.56 billion constant 2015 US$ | -3.2% |
| 2022 | 59.44 billion constant 2015 US$ | +15.3% |
| 2023 | 60.84 billion constant 2015 US$ | +2.4% |
| 2024 | 58.89 billion constant 2015 US$ | -3.2% |
Kuwait compared with similar countries
- Kuwait's 58.89 billion constant 2015 US$ is below the median for high income countries, which is 103.43 billion constant 2015 US$, 57% of the median. (63 countries reporting)
- Kuwait's 58.89 billion constant 2015 US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 45.33 billion constant 2015 US$, 1.3× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 59.87 billion constant 2015 US$ | 51.88 billion constant 2015 US$ | 63.83 billion constant 2015 US$ | 10 |
| 2020s | 56.80 billion constant 2015 US$ | 51.56 billion constant 2015 US$ | 60.84 billion constant 2015 US$ | 5 |
Countries ranked near Kuwait
- 49 Iraq 61.59 billion constant 2015 US$ compare
- 50 Kazakhstan 61.56 billion constant 2015 US$ compare
- 51 Peru 60.29 billion constant 2015 US$ compare
- 53 Morocco 58.73 billion constant 2015 US$ compare
- 54 Lithuania 54.32 billion constant 2015 US$ compare
- 55 New Zealand 53.35 billion constant 2015 US$ 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0124 units per US$ of GDP (2025)
Frequently asked questions
- What is exports of goods and services in Kuwait?
- Exports of goods and services in Kuwait was 58.89 billion constant 2015 US$ 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 63.83 billion constant 2015 US$ in 2012.
- What is the lowest exports of goods and services recorded in Kuwait?
- The lowest recorded value was 51.56 billion constant 2015 US$ in 2021.
- How does Kuwait rank for exports of goods and services?
- Kuwait ranks 52nd out of 172 countries with data for 2024.
- Is exports of goods and services rising or falling in Kuwait?
- Over the last ten years it is down 5.2%. The long-run trend across the full record is flat.
- 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 (constant 2015 US$). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.