Exports of goods and services in Kuwait
Kuwait: Exports of goods and services was 55.8% in 2024. ▼ Falling
Exports of goods and services in Kuwait, 1965–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
Kuwait recorded 55.8% for exports of goods and services in 2024.
Compared with earlier readings it is down 3.4% on the previous year and down 18.6% over ten years.
Over the whole period, exports of goods and services in Kuwait peaked at 85.0% in 1974 and was at its lowest, 16.9%, in 1991.
Kuwait ranks 42nd of 193 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 60 years of available data.
Exports of goods and services in Kuwait, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1965 | 67.7% | — |
| 1966 | 65.7% | -3.0% |
| 1967 | 59.5% | -9.4% |
| 1968 | 61.7% | +3.7% |
| 1969 | 63.5% | +2.9% |
| 1970 | 59.8% | -5.8% |
| 1971 | 66.3% | +10.9% |
| 1972 | 68.6% | +3.4% |
| 1973 | 71.9% | +4.9% |
| 1974 | 85.0% | +18.1% |
| 1975 | 80.5% | -5.3% |
| 1976 | 77.9% | -3.2% |
| 1977 | 72.0% | -7.6% |
| 1978 | 70.5% | -2.1% |
| 1979 | 78.0% | +10.5% |
| 1980 | 78.3% | +0.5% |
| 1981 | 69.5% | -11.3% |
| 1982 | 54.5% | -21.6% |
| 1983 | 59.1% | +8.5% |
| 1984 | 60.1% | +1.7% |
| 1985 | 53.7% | -10.7% |
| 1986 | 46.2% | -14.0% |
| 1987 | 52.5% | +13.8% |
| 1988 | 47.6% | -9.5% |
| 1989 | 52.4% | +10.2% |
| 1990 | 44.9% | -14.2% |
| 1991 | 16.9% | -62.4% |
| 1992 | 40.5% | +139.4% |
| 1993 | 47.8% | +18.0% |
| 1994 | 50.9% | +6.5% |
| 1995 | 52.4% | +3.0% |
| 1996 | 52.3% | -0.1% |
| 1997 | 52.9% | +1.1% |
| 1998 | 43.9% | -17.0% |
| 1999 | 45.9% | +4.7% |
| 2000 | 56.5% | +22.9% |
| 2001 | 51.3% | -9.1% |
| 2002 | 44.6% | -13.0% |
| 2003 | 52.1% | +16.8% |
| 2004 | 56.9% | +9.3% |
| 2005 | 64.0% | +12.4% |
| 2006 | 65.5% | +2.5% |
| 2007 | 63.4% | -3.3% |
| 2008 | 66.8% | +5.3% |
| 2009 | 59.4% | -11.0% |
| 2010 | 66.7% | +12.2% |
| 2011 | 73.2% | +9.8% |
| 2012 | 74.7% | +2.1% |
| 2013 | 70.9% | -5.2% |
| 2014 | 68.5% | -3.3% |
| 2015 | 53.8% | -21.5% |
| 2016 | 47.6% | -11.4% |
| 2017 | 51.2% | +7.5% |
| 2018 | 57.3% | +11.9% |
| 2019 | 52.1% | -9.2% |
| 2020 | 43.7% | -16.0% |
| 2021 | 51.7% | +18.3% |
| 2022 | 60.4% | +16.9% |
| 2023 | 57.7% | -4.5% |
| 2024 | 55.8% | -3.4% |
Kuwait compared with similar countries
- Kuwait's 55.8% is above the median for high income countries, which is 52.0%, 1.1× the median. (72 countries reporting)
- Kuwait's 55.8% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 39.8%, 1.4× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Exports of goods and services 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 | +139.4% | 16.9% | 40.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 63.6% | 59.5% | 67.7% | 5 |
| 1970s | 73.1% | 59.8% | 85.0% | 10 |
| 1980s | 57.4% | 46.2% | 78.3% | 10 |
| 1990s | 44.8% | 16.9% | 52.9% | 10 |
| 2000s | 58.1% | 44.6% | 66.8% | 10 |
| 2010s | 61.6% | 47.6% | 74.7% | 10 |
| 2020s | 53.9% | 43.7% | 60.4% | 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)
- 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 in Kuwait?
- Exports of goods and services in Kuwait was 55.8% 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 85.0% in 1974.
- What is the lowest exports of goods and services recorded in Kuwait?
- The lowest recorded value was 16.9% in 1991.
- How does Kuwait rank for exports of goods and services?
- Kuwait ranks 42nd 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 18.6%. The long-run trend across the full record is falling.
- 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 (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.