Net primary income (Net income from abroad) (current LCU) in Kuwait
Kuwait: Net primary income (Net income from abroad) (current LCU) was 10.15 billion current LCU in 2024. ◆ Volatile
Net primary income (Net income from abroad) in Kuwait, 1975–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Kuwait recorded 10.15 billion current LCU for net primary income (net income from abroad) in 2024. That is the highest value across all 50 years on record.
Compared with earlier readings it is up 2.3% on the previous year and up 127.9% over ten years.
Over the whole period, net primary income (net income from abroad) in Kuwait peaked at 10.15 billion current LCU in 2024 and was at its lowest, 334.00 million current LCU, in 1975.
Kuwait ranks 26th of 209 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net primary income (Net income from abroad) (current LCU) in Kuwait, year by year
| Year | current LCU | Change |
|---|---|---|
| 1975 | 334.00 million current LCU | — |
| 1976 | 441.00 million current LCU | +32.0% |
| 1977 | 506.00 million current LCU | +14.7% |
| 1978 | 717.00 million current LCU | +41.7% |
| 1979 | 873.00 million current LCU | +21.8% |
| 1980 | 1.31 billion current LCU | +50.1% |
| 1981 | 2.12 billion current LCU | +61.5% |
| 1982 | 1.74 billion current LCU | -18.0% |
| 1983 | 1.47 billion current LCU | -15.5% |
| 1984 | 1.49 billion current LCU | +1.3% |
| 1985 | 1.40 billion current LCU | -5.5% |
| 1986 | 2.25 billion current LCU | +60.3% |
| 1987 | 1.56 billion current LCU | -30.8% |
| 1988 | 2.02 billion current LCU | +30.1% |
| 1989 | 2.47 billion current LCU | +22.1% |
| 1990 | 2.23 billion current LCU | -9.7% |
| 1991 | 1.54 billion current LCU | -31.1% |
| 1992 | 1.54 billion current LCU | +0.0% |
| 1993 | 1.16 billion current LCU | -24.9% |
| 1994 | 941.00 million current LCU | -18.5% |
| 1995 | 1.46 billion current LCU | +54.8% |
| 1996 | 1.55 billion current LCU | +6.5% |
| 1997 | 1.90 billion current LCU | +22.8% |
| 1998 | 1.79 billion current LCU | -6.1% |
| 1999 | 1.55 billion current LCU | -13.0% |
| 2000 | 2.06 billion current LCU | +32.2% |
| 2001 | 1.50 billion current LCU | -26.9% |
| 2002 | 1.02 billion current LCU | -32.4% |
| 2003 | 1.00 billion current LCU | -1.5% |
| 2004 | 1.81 billion current LCU | +80.4% |
| 2005 | 2.59 billion current LCU | +43.2% |
| 2006 | 3.82 billion current LCU | +47.8% |
| 2007 | 3.52 billion current LCU | -7.8% |
| 2008 | 2.89 billion current LCU | -18.0% |
| 2009 | 1.99 billion current LCU | -31.0% |
| 2010 | 2.42 billion current LCU | +21.6% |
| 2011 | 2.55 billion current LCU | +5.3% |
| 2012 | 3.55 billion current LCU | +39.2% |
| 2013 | 3.96 billion current LCU | +11.4% |
| 2014 | 4.45 billion current LCU | +12.5% |
| 2015 | 3.82 billion current LCU | -14.2% |
| 2016 | 3.86 billion current LCU | +1.1% |
| 2017 | 5.70 billion current LCU | +47.5% |
| 2018 | 5.54 billion current LCU | -2.8% |
| 2019 | 6.13 billion current LCU | +10.8% |
| 2020 | 5.01 billion current LCU | -18.3% |
| 2021 | 7.28 billion current LCU | +45.3% |
| 2022 | 7.96 billion current LCU | +9.4% |
| 2023 | 9.92 billion current LCU | +24.6% |
| 2024 | 10.15 billion current LCU | +2.3% |
Kuwait compared with similar countries
- Kuwait's 10.15 billion current LCU is above the median for high income countries, which is -980.39 million current LCU. (77 countries reporting)
- Kuwait's 10.15 billion current LCU is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is -2.49 billion current LCU. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 574.20 million current LCU | 334.00 million current LCU | 873.00 million current LCU | 5 |
| 1980s | 1.78 billion current LCU | 1.31 billion current LCU | 2.47 billion current LCU | 10 |
| 1990s | 1.57 billion current LCU | 941.00 million current LCU | 2.23 billion current LCU | 10 |
| 2000s | 2.22 billion current LCU | 1.00 billion current LCU | 3.82 billion current LCU | 10 |
| 2010s | 4.20 billion current LCU | 2.42 billion current LCU | 6.13 billion current LCU | 10 |
| 2020s | 8.06 billion current LCU | 5.01 billion current LCU | 10.15 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)
- 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 net primary income (net income from abroad) in Kuwait?
- Net primary income (net income from abroad) in Kuwait was 10.15 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest net primary income (net income from abroad) recorded in Kuwait?
- The highest recorded value was 10.15 billion current LCU in 2024.
- What is the lowest net primary income (net income from abroad) recorded in Kuwait?
- The lowest recorded value was 334.00 million current LCU in 1975.
- How does Kuwait rank for net primary income (net income from abroad)?
- Kuwait ranks 26th out of 209 countries with data for 2024.
- Is net primary income (net income from abroad) rising or falling in Kuwait?
- Over the last ten years it is up 127.9%. 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 Net primary income (Net income from abroad) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). 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.