Exports of goods and services in Kuwait
Kuwait: Exports of goods and services was 27.51 billion current LCU in 2024. ◆ Volatile
Latest (2024)
27.51 billion current LCU
Change on year
down 6.2%
World rank
151st
of 192 countries
All-time high
36.41 billion current LCU
in 2012
All-time low
507.00 million current LCU
in 1965
Years of data
60
1965–2024
Exports of goods and services in Kuwait, 1965–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for exports of goods and services in Kuwait is 27.51 billion current LCU, measured in 2024.
That represents a change of down 6.2% on the previous year and down 13.2% over ten years.
Over the whole period, exports of goods and services in Kuwait peaked at 36.41 billion current LCU in 2012 and was at its lowest, 507.00 million current LCU, in 1965.
Kuwait ranks 151st of 192 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 | current LCU | Change |
|---|---|---|
| 1965 | 507.00 million current LCU | — |
| 1966 | 561.00 million current LCU | +10.7% |
| 1967 | 519.00 million current LCU | -7.5% |
| 1968 | 587.00 million current LCU | +13.1% |
| 1969 | 628.00 million current LCU | +7.0% |
| 1970 | 613.90 million current LCU | -2.2% |
| 1971 | 916.80 million current LCU | +49.3% |
| 1972 | 1.00 billion current LCU | +9.5% |
| 1973 | 1.15 billion current LCU | +14.9% |
| 1974 | 3.24 billion current LCU | +180.7% |
| 1975 | 2.81 billion current LCU | -13.4% |
| 1976 | 2.99 billion current LCU | +6.6% |
| 1977 | 2.92 billion current LCU | -2.5% |
| 1978 | 3.01 billion current LCU | +3.1% |
| 1979 | 5.33 billion current LCU | +77.3% |
| 1980 | 6.07 billion current LCU | +13.7% |
| 1981 | 4.86 billion current LCU | -20.0% |
| 1982 | 3.39 billion current LCU | -30.3% |
| 1983 | 3.60 billion current LCU | +6.2% |
| 1984 | 3.86 billion current LCU | +7.4% |
| 1985 | 3.46 billion current LCU | -10.4% |
| 1986 | 2.40 billion current LCU | -30.6% |
| 1987 | 3.27 billion current LCU | +36.3% |
| 1988 | 2.75 billion current LCU | -16.2% |
| 1989 | 3.74 billion current LCU | +36.3% |
| 1990 | 2.38 billion current LCU | -36.3% |
| 1991 | 529.00 million current LCU | -77.8% |
| 1992 | 2.36 billion current LCU | +345.7% |
| 1993 | 3.45 billion current LCU | +46.5% |
| 1994 | 3.75 billion current LCU | +8.7% |
| 1995 | 4.25 billion current LCU | +13.2% |
| 1996 | 4.93 billion current LCU | +16.1% |
| 1997 | 4.87 billion current LCU | -1.3% |
| 1998 | 3.47 billion current LCU | -28.7% |
| 1999 | 4.21 billion current LCU | +21.5% |
| 2000 | 6.53 billion current LCU | +55.1% |
| 2001 | 5.49 billion current LCU | -16.0% |
| 2002 | 5.17 billion current LCU | -5.8% |
| 2003 | 7.43 billion current LCU | +43.7% |
| 2004 | 9.97 billion current LCU | +34.1% |
| 2005 | 15.09 billion current LCU | +51.4% |
| 2006 | 19.32 billion current LCU | +28.0% |
| 2007 | 20.66 billion current LCU | +7.0% |
| 2008 | 26.45 billion current LCU | +28.0% |
| 2009 | 18.12 billion current LCU | -31.5% |
| 2010 | 22.05 billion current LCU | +21.7% |
| 2011 | 31.13 billion current LCU | +41.1% |
| 2012 | 36.41 billion current LCU | +17.0% |
| 2013 | 35.00 billion current LCU | -3.9% |
| 2014 | 31.71 billion current LCU | -9.4% |
| 2015 | 18.53 billion current LCU | -41.5% |
| 2016 | 15.75 billion current LCU | -15.1% |
| 2017 | 18.74 billion current LCU | +19.0% |
| 2018 | 23.99 billion current LCU | +28.0% |
| 2019 | 22.26 billion current LCU | -7.2% |
| 2020 | 14.87 billion current LCU | -33.2% |
| 2021 | 23.15 billion current LCU | +55.7% |
| 2022 | 33.97 billion current LCU | +46.8% |
| 2023 | 29.33 billion current LCU | -13.7% |
| 2024 | 27.51 billion current LCU | -6.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 560.40 million current LCU | 507.00 million current LCU | 628.00 million current LCU | 5 |
| 1970s | 2.40 billion current LCU | 613.90 million current LCU | 5.33 billion current LCU | 10 |
| 1980s | 3.74 billion current LCU | 2.40 billion current LCU | 6.07 billion current LCU | 10 |
| 1990s | 3.42 billion current LCU | 529.00 million current LCU | 4.93 billion current LCU | 10 |
| 2000s | 13.42 billion current LCU | 5.17 billion current LCU | 26.45 billion current LCU | 10 |
| 2010s | 25.56 billion current LCU | 15.75 billion current LCU | 36.41 billion current LCU | 10 |
| 2020s | 25.77 billion current LCU | 14.87 billion current LCU | 33.97 billion current LCU | 5 |
Countries ranked near Kuwait
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)
- Gross value added at basic prices (GVA) (current US$), annual growth -2.44 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 1.07 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 34,736 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth -2.51 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.3294 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 10,645 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 2.63 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.8558 constant 2015 US$ 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 27.51 billion current LCU 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 36.41 billion current LCU in 2012.
- What is the lowest exports of goods and services recorded in Kuwait?
- The lowest recorded value was 507.00 million current LCU in 1965.
- How does Kuwait rank for exports of goods and services?
- Kuwait ranks 151st out of 192 countries with data for 2024.
- Is exports of goods and services rising or falling in Kuwait?
- Over the last ten years it is down 13.2%. 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 (current LCU). 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.