Imports of goods and services (constant LCU), per unit of GDP in Kuwait
Kuwait: Imports of goods and services (constant LCU), per unit of GDP was 0.0875 constant LCU per US$ of GDP in 2024. ▲ Rising
Imports 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 imports of goods and services (constant lcu), per unit of gdp in Kuwait is 0.0875 constant LCU per US$ of GDP, measured in 2024.
That represents a change of down 4.4% on the previous year and up 9.6% over ten years.
Over the whole period, imports of goods and services (constant lcu), per unit of gdp in Kuwait peaked at 0.1321 constant LCU per US$ of GDP in 2016 and was at its lowest, 0.0675 constant LCU per US$ of GDP, in 2021.
That places Kuwait 176th out of 179 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Imports of goods and services (constant LCU), per unit of GDP in Kuwait, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2010 | 0.087 constant LCU per US$ of GDP | — |
| 2011 | 0.0686 constant LCU per US$ of GDP | -21.2% |
| 2012 | 0.0691 constant LCU per US$ of GDP | +0.9% |
| 2013 | 0.0696 constant LCU per US$ of GDP | +0.7% |
| 2014 | 0.0798 constant LCU per US$ of GDP | +14.6% |
| 2015 | 0.121 constant LCU per US$ of GDP | +51.6% |
| 2016 | 0.1321 constant LCU per US$ of GDP | +9.1% |
| 2017 | 0.1308 constant LCU per US$ of GDP | -1.0% |
| 2018 | 0.1156 constant LCU per US$ of GDP | -11.6% |
| 2019 | 0.0931 constant LCU per US$ of GDP | -19.5% |
| 2020 | 0.0869 constant LCU per US$ of GDP | -6.6% |
| 2021 | 0.0675 constant LCU per US$ of GDP | -22.2% |
| 2022 | 0.0727 constant LCU per US$ of GDP | +7.7% |
| 2023 | 0.0915 constant LCU per US$ of GDP | +25.8% |
| 2024 | 0.0875 constant LCU per US$ of GDP | -4.4% |
Kuwait compared with similar countries
- Kuwait's 0.0875 constant LCU per US$ of GDP is below the median for high income countries, which is 0.6447 constant LCU per US$ of GDP, 14% of the median. (63 countries reporting)
- Kuwait's 0.0875 constant LCU per US$ of GDP is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.5 constant LCU per US$ of GDP, 2% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.0967 constant LCU per US$ of GDP | 0.0686 constant LCU per US$ of GDP | 0.1321 constant LCU per US$ of GDP | 10 |
| 2020s | 0.0812 constant LCU per US$ of GDP | 0.0675 constant LCU per US$ of GDP | 0.0915 constant LCU per US$ of GDP | 5 |
Countries ranked near Kuwait
- 173 Azerbaijan 0.1947 constant LCU per US$ of GDP compare
- 174 Oman 0.1525 constant LCU per US$ of GDP compare
- 175 United States 0.1237 constant LCU per US$ of GDP compare
- 177 Cuba 0.0806 constant LCU per US$ of GDP compare
- 178 Venezuela 0.0346 constant LCU per US$ of GDP compare
- 179 Sudan 0.0218 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$), annual growth rate 1.99 % change on previous year (2025)
Frequently asked questions
- What is imports of goods and services (constant lcu), per unit of gdp in Kuwait?
- Imports of goods and services (constant lcu), per unit of gdp in Kuwait was 0.0875 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest imports of goods and services (constant lcu), per unit of gdp recorded in Kuwait?
- The highest recorded value was 0.1321 constant LCU per US$ of GDP in 2016.
- What is the lowest imports of goods and services (constant lcu), per unit of gdp recorded in Kuwait?
- The lowest recorded value was 0.0675 constant LCU per US$ of GDP in 2021.
- How does Kuwait rank for imports of goods and services (constant lcu), per unit of gdp?
- Kuwait ranks 176th out of 179 countries with data for 2024.
- Is imports of goods and services (constant lcu), per unit of gdp rising or falling in Kuwait?
- Over the last ten years it is up 9.6%. The long-run trend across the full record is rising.
- Where does this Kuwait data come from?
- The figures come from Statizoid (derived), published as part of Imports of goods and services (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Imports of goods and services (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (constant LCU) ÷ GDP (current US$)
Computed from
- Imports 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
Imports 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.