Exports of goods and services (current US$) in Kuwait
Kuwait: Exports of goods and services (current US$) was 89.71 billion current US$ in 2024. ◆ Volatile
Exports of goods and services in Kuwait, 1965–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Kuwait recorded 89.71 billion current US$ for exports of goods and services in 2024.
The figure is down 6.0% on the previous year and down 19.5% over ten years.
Over the whole period, exports of goods and services in Kuwait peaked at 130.07 billion current US$ in 2012 and was at its lowest, 1.42 billion current US$, in 1965.
Kuwait ranks 52nd of 193 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of goods and services (current US$) in Kuwait, year by year
| Year | current US$ | Change |
|---|---|---|
| 1965 | 1.42 billion current US$ | — |
| 1966 | 1.57 billion current US$ | +10.7% |
| 1967 | 1.45 billion current US$ | -7.5% |
| 1968 | 1.64 billion current US$ | +13.1% |
| 1969 | 1.76 billion current US$ | +7.0% |
| 1970 | 1.72 billion current US$ | -2.2% |
| 1971 | 2.57 billion current US$ | +49.8% |
| 1972 | 3.05 billion current US$ | +18.6% |
| 1973 | 3.89 billion current US$ | +27.4% |
| 1974 | 11.05 billion current US$ | +184.0% |
| 1975 | 9.67 billion current US$ | -12.5% |
| 1976 | 10.23 billion current US$ | +5.8% |
| 1977 | 10.18 billion current US$ | -0.5% |
| 1978 | 10.94 billion current US$ | +7.4% |
| 1979 | 19.30 billion current US$ | +76.5% |
| 1980 | 22.44 billion current US$ | +16.3% |
| 1981 | 17.41 billion current US$ | -22.4% |
| 1982 | 11.76 billion current US$ | -32.5% |
| 1983 | 12.34 billion current US$ | +4.9% |
| 1984 | 13.04 billion current US$ | +5.7% |
| 1985 | 11.51 billion current US$ | -11.8% |
| 1986 | 8.27 billion current US$ | -28.2% |
| 1987 | 11.75 billion current US$ | +42.1% |
| 1988 | 9.84 billion current US$ | -16.3% |
| 1989 | 12.74 billion current US$ | +29.5% |
| 1990 | 8.28 billion current US$ | -35.0% |
| 1991 | 1.86 billion current US$ | -77.5% |
| 1992 | 8.04 billion current US$ | +331.9% |
| 1993 | 11.44 billion current US$ | +42.3% |
| 1994 | 12.64 billion current US$ | +10.5% |
| 1995 | 14.23 billion current US$ | +12.6% |
| 1996 | 16.47 billion current US$ | +15.7% |
| 1997 | 16.04 billion current US$ | -2.6% |
| 1998 | 11.38 billion current US$ | -29.1% |
| 1999 | 13.84 billion current US$ | +21.6% |
| 2000 | 21.30 billion current US$ | +53.9% |
| 2001 | 17.90 billion current US$ | -16.0% |
| 2002 | 17.01 billion current US$ | -5.0% |
| 2003 | 24.94 billion current US$ | +46.6% |
| 2004 | 33.83 billion current US$ | +35.7% |
| 2005 | 51.69 billion current US$ | +52.8% |
| 2006 | 66.57 billion current US$ | +28.8% |
| 2007 | 72.70 billion current US$ | +9.2% |
| 2008 | 98.39 billion current US$ | +35.3% |
| 2009 | 62.98 billion current US$ | -36.0% |
| 2010 | 76.95 billion current US$ | +22.2% |
| 2011 | 112.78 billion current US$ | +46.6% |
| 2012 | 130.07 billion current US$ | +15.3% |
| 2013 | 123.42 billion current US$ | -5.1% |
| 2014 | 111.42 billion current US$ | -9.7% |
| 2015 | 61.61 billion current US$ | -44.7% |
| 2016 | 52.11 billion current US$ | -15.4% |
| 2017 | 61.79 billion current US$ | +18.6% |
| 2018 | 79.46 billion current US$ | +28.6% |
| 2019 | 73.33 billion current US$ | -7.7% |
| 2020 | 48.54 billion current US$ | -33.8% |
| 2021 | 76.74 billion current US$ | +58.1% |
| 2022 | 110.92 billion current US$ | +44.6% |
| 2023 | 95.48 billion current US$ | -13.9% |
| 2024 | 89.71 billion current US$ | -6.0% |
Kuwait compared with similar countries
- Kuwait's 89.71 billion current US$ is above the median for high income countries, which is 80.25 billion current US$, 1.1× the median. (72 countries reporting)
- Kuwait's 89.71 billion current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 41.30 billion current US$, 2.2× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Exports of goods and services (current US$) in Kuwait changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +331.9% | 1.86 billion current US$ | 8.04 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.57 billion current US$ | 1.42 billion current US$ | 1.76 billion current US$ | 5 |
| 1970s | 8.26 billion current US$ | 1.72 billion current US$ | 19.30 billion current US$ | 10 |
| 1980s | 13.11 billion current US$ | 8.27 billion current US$ | 22.44 billion current US$ | 10 |
| 1990s | 11.42 billion current US$ | 1.86 billion current US$ | 16.47 billion current US$ | 10 |
| 2000s | 46.73 billion current US$ | 17.01 billion current US$ | 98.39 billion current US$ | 10 |
| 2010s | 88.29 billion current US$ | 52.11 billion current US$ | 130.07 billion current US$ | 10 |
| 2020s | 84.28 billion current US$ | 48.54 billion current US$ | 110.92 billion current US$ | 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)
- 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 89.71 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest exports of goods and services recorded in Kuwait?
- The highest recorded value was 130.07 billion current US$ in 2012.
- What is the lowest exports of goods and services recorded in Kuwait?
- The lowest recorded value was 1.42 billion current US$ in 1965.
- How does Kuwait rank for exports of goods and services?
- Kuwait ranks 52nd out of 193 countries with data for 2024.
- Is exports of goods and services rising or falling in Kuwait?
- Over the last ten years it is down 19.5%. 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 Offices (NSOs), published as part of Exports of goods and services (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 60 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 indicator is expressed in United States dollars.