Exports of goods and services (constant LCU), per unit of GDP in Kuwait
Kuwait: Exports of goods and services (constant LCU), per unit of GDP was 0.1556 constant LCU per US$ of GDP in 2024. ▼ Falling
Exports of goods and services (constant LCU), per unit of GDP in Kuwait, 2010–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for exports of goods and services (constant lcu), per unit of gdp in Kuwait is 0.1556 constant LCU per US$ of GDP, measured in 2024.
That represents a change of down 0.5% on the previous year and down 4.2% over ten years.
Over the whole period, exports of goods and services (constant lcu), per unit of gdp in Kuwait peaked at 0.2453 constant LCU per US$ of GDP in 2016 and was at its lowest, 0.1377 constant LCU per US$ of GDP, in 2022.
That places Kuwait 171st out of 179 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Exports of goods and services (constant LCU), per unit of GDP in Kuwait, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2010 | 0.1911 constant LCU per US$ of GDP | — |
| 2011 | 0.1636 constant LCU per US$ of GDP | -14.4% |
| 2012 | 0.1559 constant LCU per US$ of GDP | -4.7% |
| 2013 | 0.1511 constant LCU per US$ of GDP | -3.1% |
| 2014 | 0.1624 constant LCU per US$ of GDP | +7.5% |
| 2015 | 0.2286 constant LCU per US$ of GDP | +40.7% |
| 2016 | 0.2453 constant LCU per US$ of GDP | +7.3% |
| 2017 | 0.2118 constant LCU per US$ of GDP | -13.7% |
| 2018 | 0.1838 constant LCU per US$ of GDP | -13.2% |
| 2019 | 0.1655 constant LCU per US$ of GDP | -9.9% |
| 2020 | 0.2039 constant LCU per US$ of GDP | +23.2% |
| 2021 | 0.1477 constant LCU per US$ of GDP | -27.5% |
| 2022 | 0.1377 constant LCU per US$ of GDP | -6.8% |
| 2023 | 0.1563 constant LCU per US$ of GDP | +13.5% |
| 2024 | 0.1556 constant LCU per US$ of GDP | -0.5% |
Kuwait compared with similar countries
- Kuwait's 0.1556 constant LCU per US$ of GDP is below the median for high income countries, which is 0.567 constant LCU per US$ of GDP, 27% of the median. (63 countries reporting)
- Kuwait's 0.1556 constant LCU per US$ of GDP is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.78 constant LCU per US$ of GDP, 6% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.1859 constant LCU per US$ of GDP | 0.1511 constant LCU per US$ of GDP | 0.2453 constant LCU per US$ of GDP | 10 |
| 2020s | 0.1602 constant LCU per US$ of GDP | 0.1377 constant LCU per US$ of GDP | 0.2039 constant LCU per US$ of GDP | 5 |
Countries ranked near Kuwait
- 168 United Kingdom 0.1903 constant LCU per US$ of GDP compare
- 169 Northern Mariana Islands 0.1779 constant LCU per US$ of GDP compare
- 170 South Sudan 0.1616 constant LCU per US$ of GDP compare
- 172 Palestine 0.1542 constant LCU per US$ of GDP compare
- 173 United States 0.0901 constant LCU per US$ of GDP compare
- 174 Cuba 0.0775 constant LCU per US$ of GDP 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)
- 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$), annual growth rate 1.99 % change on previous year (2025)
Frequently asked questions
- What is exports of goods and services (constant lcu), per unit of gdp in Kuwait?
- Exports of goods and services (constant lcu), per unit of gdp in Kuwait was 0.1556 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest exports of goods and services (constant lcu), per unit of gdp recorded in Kuwait?
- The highest recorded value was 0.2453 constant LCU per US$ of GDP in 2016.
- What is the lowest exports of goods and services (constant lcu), per unit of gdp recorded in Kuwait?
- The lowest recorded value was 0.1377 constant LCU per US$ of GDP in 2022.
- How does Kuwait rank for exports of goods and services (constant lcu), per unit of gdp?
- Kuwait ranks 171st out of 179 countries with data for 2024.
- Is exports of goods and services (constant lcu), 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 LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Exports of goods and services (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Exports of goods and services (constant LCU) ÷ GDP (current US$)
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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.