Exports of goods and services (current US$), per unit of GDP in Kuwait
Kuwait: Exports of goods and services (current US$), per unit of GDP was 0.5576 current US$ per US$ of GDP in 2024. ▼ Falling
Latest (2024)
0.5576 current US$ per US$ of GDP
Change on year
down 3.4%
World rank
42nd
of 193 countries
All-time high
0.8496 current US$ per US$ of GDP
in 1974
All-time low
0.169 current US$ per US$ of GDP
in 1991
Years of data
60
1965–2024
Exports of goods and services (current US$), per unit of GDP in Kuwait, 1965–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Kuwait recorded 0.5576 current US$ per US$ of GDP for exports of goods and services (current us$), per unit of gdp in 2024.
That represents a change of down 3.4% on the previous year and down 18.6% over ten years.
Over the whole period, exports of goods and services (current us$), per unit of gdp in Kuwait peaked at 0.8496 current US$ per US$ of GDP in 1974 and was at its lowest, 0.169 current US$ per US$ of GDP, in 1991.
That places Kuwait 42nd out of 193 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 60 years of available data.
Exports of goods and services (current US$), per unit of GDP in Kuwait, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1965 | 0.6769 current US$ per US$ of GDP | — |
| 1966 | 0.6569 current US$ per US$ of GDP | -3.0% |
| 1967 | 0.5952 current US$ per US$ of GDP | -9.4% |
| 1968 | 0.6172 current US$ per US$ of GDP | +3.7% |
| 1969 | 0.635 current US$ per US$ of GDP | +2.9% |
| 1970 | 0.5982 current US$ per US$ of GDP | -5.8% |
| 1971 | 0.6635 current US$ per US$ of GDP | +10.9% |
| 1972 | 0.686 current US$ per US$ of GDP | +3.4% |
| 1973 | 0.7193 current US$ per US$ of GDP | +4.9% |
| 1974 | 0.8496 current US$ per US$ of GDP | +18.1% |
| 1975 | 0.8047 current US$ per US$ of GDP | -5.3% |
| 1976 | 0.7793 current US$ per US$ of GDP | -3.2% |
| 1977 | 0.7203 current US$ per US$ of GDP | -7.6% |
| 1978 | 0.7054 current US$ per US$ of GDP | -2.1% |
| 1979 | 0.7797 current US$ per US$ of GDP | +10.5% |
| 1980 | 0.7835 current US$ per US$ of GDP | +0.5% |
| 1981 | 0.695 current US$ per US$ of GDP | -11.3% |
| 1982 | 0.545 current US$ per US$ of GDP | -21.6% |
| 1983 | 0.5913 current US$ per US$ of GDP | +8.5% |
| 1984 | 0.6011 current US$ per US$ of GDP | +1.7% |
| 1985 | 0.5367 current US$ per US$ of GDP | -10.7% |
| 1986 | 0.4619 current US$ per US$ of GDP | -14.0% |
| 1987 | 0.5254 current US$ per US$ of GDP | +13.8% |
| 1988 | 0.4756 current US$ per US$ of GDP | -9.5% |
| 1989 | 0.524 current US$ per US$ of GDP | +10.2% |
| 1990 | 0.4494 current US$ per US$ of GDP | -14.2% |
| 1991 | 0.169 current US$ per US$ of GDP | -62.4% |
| 1992 | 0.4047 current US$ per US$ of GDP | +139.4% |
| 1993 | 0.4777 current US$ per US$ of GDP | +18.0% |
| 1994 | 0.5085 current US$ per US$ of GDP | +6.5% |
| 1995 | 0.5235 current US$ per US$ of GDP | +3.0% |
| 1996 | 0.5229 current US$ per US$ of GDP | -0.1% |
| 1997 | 0.5285 current US$ per US$ of GDP | +1.1% |
| 1998 | 0.4386 current US$ per US$ of GDP | -17.0% |
| 1999 | 0.4593 current US$ per US$ of GDP | +4.7% |
| 2000 | 0.5647 current US$ per US$ of GDP | +22.9% |
| 2001 | 0.5131 current US$ per US$ of GDP | -9.1% |
| 2002 | 0.4462 current US$ per US$ of GDP | -13.0% |
| 2003 | 0.5209 current US$ per US$ of GDP | +16.8% |
| 2004 | 0.5692 current US$ per US$ of GDP | +9.3% |
| 2005 | 0.6398 current US$ per US$ of GDP | +12.4% |
| 2006 | 0.6555 current US$ per US$ of GDP | +2.5% |
| 2007 | 0.6341 current US$ per US$ of GDP | -3.3% |
| 2008 | 0.6676 current US$ per US$ of GDP | +5.3% |
| 2009 | 0.5943 current US$ per US$ of GDP | -11.0% |
| 2010 | 0.6667 current US$ per US$ of GDP | +12.2% |
| 2011 | 0.7322 current US$ per US$ of GDP | +9.8% |
| 2012 | 0.7473 current US$ per US$ of GDP | +2.1% |
| 2013 | 0.7086 current US$ per US$ of GDP | -5.2% |
| 2014 | 0.6851 current US$ per US$ of GDP | -3.3% |
| 2015 | 0.5377 current US$ per US$ of GDP | -21.5% |
| 2016 | 0.4763 current US$ per US$ of GDP | -11.4% |
| 2017 | 0.512 current US$ per US$ of GDP | +7.5% |
| 2018 | 0.5731 current US$ per US$ of GDP | +11.9% |
| 2019 | 0.5206 current US$ per US$ of GDP | -9.2% |
| 2020 | 0.4371 current US$ per US$ of GDP | -16.0% |
| 2021 | 0.5173 current US$ per US$ of GDP | +18.3% |
| 2022 | 0.6045 current US$ per US$ of GDP | +16.9% |
| 2023 | 0.577 current US$ per US$ of GDP | -4.5% |
| 2024 | 0.5576 current US$ per US$ of GDP | -3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.6362 current US$ per US$ of GDP | 0.5952 current US$ per US$ of GDP | 0.6769 current US$ per US$ of GDP | 5 |
| 1970s | 0.7306 current US$ per US$ of GDP | 0.5982 current US$ per US$ of GDP | 0.8496 current US$ per US$ of GDP | 10 |
| 1980s | 0.574 current US$ per US$ of GDP | 0.4619 current US$ per US$ of GDP | 0.7835 current US$ per US$ of GDP | 10 |
| 1990s | 0.4482 current US$ per US$ of GDP | 0.169 current US$ per US$ of GDP | 0.5285 current US$ per US$ of GDP | 10 |
| 2000s | 0.5805 current US$ per US$ of GDP | 0.4462 current US$ per US$ of GDP | 0.6676 current US$ per US$ of GDP | 10 |
| 2010s | 0.616 current US$ per US$ of GDP | 0.4763 current US$ per US$ of GDP | 0.7473 current US$ per US$ of GDP | 10 |
| 2020s | 0.5387 current US$ per US$ of GDP | 0.4371 current US$ per US$ of GDP | 0.6045 current US$ per US$ of GDP | 5 |
Countries ranked near Kuwait
- 39 Latvia 0.6257 current US$ per US$ of GDP compare
- 40 Naoero 0.6176 current US$ per US$ of GDP compare
- 41 North Macedonia 0.5965 current US$ per US$ of GDP compare
- 43 Gabon 0.5549 current US$ per US$ of GDP compare
- 44 Belize 0.5522 current US$ per US$ of GDP compare
- 45 Bermuda 0.5515 current US$ 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)
- 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 (current us$), per unit of gdp in Kuwait?
- Exports of goods and services (current us$), per unit of gdp in Kuwait was 0.5576 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest exports of goods and services (current us$), per unit of gdp recorded in Kuwait?
- The highest recorded value was 0.8496 current US$ per US$ of GDP in 1974.
- What is the lowest exports of goods and services (current us$), per unit of gdp recorded in Kuwait?
- The lowest recorded value was 0.169 current US$ per US$ of GDP in 1991.
- How does Kuwait rank for exports of goods and services (current us$), per unit of gdp?
- Kuwait ranks 42nd out of 193 countries with data for 2024.
- Is exports of goods and services (current us$), per unit of gdp rising or falling in Kuwait?
- Over the last ten years it is down 18.6%. 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 (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 60 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Exports of goods and services (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Exports of goods and services (current US$) ÷ GDP (current US$)
Computed from
- Exports of goods and services Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Exports of goods and services (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.