Net primary income (Net income from abroad) in Kuwait
Kuwait: Net primary income (Net income from abroad) was 33.08 billion current US$ 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 US$.
Analysis
In 2024, net primary income (net income from abroad) in Kuwait stood at 33.08 billion current US$. That is the highest value across all 50 years on record.
The figure is up 2.5% on the previous year and up 111.5% over ten years.
Over the whole period, net primary income (net income from abroad) in Kuwait peaked at 33.08 billion current US$ in 2024 and was at its lowest, 1.15 billion current US$, in 1975.
Kuwait ranks 6th of 207 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net primary income (Net income from abroad) in Kuwait, year by year
| Year | current US$ | Change |
|---|---|---|
| 1975 | 1.15 billion current US$ | — |
| 1976 | 1.51 billion current US$ | +31.0% |
| 1977 | 1.77 billion current US$ | +17.1% |
| 1978 | 2.61 billion current US$ | +47.6% |
| 1979 | 3.16 billion current US$ | +21.2% |
| 1980 | 4.85 billion current US$ | +53.4% |
| 1981 | 7.59 billion current US$ | +56.5% |
| 1982 | 6.03 billion current US$ | -20.6% |
| 1983 | 5.03 billion current US$ | -16.5% |
| 1984 | 5.02 billion current US$ | -0.3% |
| 1985 | 4.66 billion current US$ | -7.0% |
| 1986 | 7.74 billion current US$ | +65.9% |
| 1987 | 5.58 billion current US$ | -27.9% |
| 1988 | 7.26 billion current US$ | +30.0% |
| 1989 | 8.42 billion current US$ | +16.0% |
| 1990 | 7.75 billion current US$ | -7.9% |
| 1991 | 5.41 billion current US$ | -30.2% |
| 1992 | 5.24 billion current US$ | -3.1% |
| 1993 | 3.82 billion current US$ | -27.0% |
| 1994 | 3.17 billion current US$ | -17.2% |
| 1995 | 4.88 billion current US$ | +54.0% |
| 1996 | 5.18 billion current US$ | +6.1% |
| 1997 | 6.28 billion current US$ | +21.2% |
| 1998 | 5.87 billion current US$ | -6.5% |
| 1999 | 5.11 billion current US$ | -12.9% |
| 2000 | 6.70 billion current US$ | +31.1% |
| 2001 | 4.90 billion current US$ | -26.8% |
| 2002 | 3.34 billion current US$ | -31.8% |
| 2003 | 3.36 billion current US$ | +0.5% |
| 2004 | 6.13 billion current US$ | +82.4% |
| 2005 | 8.86 billion current US$ | +44.5% |
| 2006 | 13.17 billion current US$ | +48.7% |
| 2007 | 12.40 billion current US$ | -5.9% |
| 2008 | 10.74 billion current US$ | -13.3% |
| 2009 | 6.93 billion current US$ | -35.5% |
| 2010 | 8.46 billion current US$ | +22.1% |
| 2011 | 9.25 billion current US$ | +9.3% |
| 2012 | 12.70 billion current US$ | +37.2% |
| 2013 | 13.96 billion current US$ | +9.9% |
| 2014 | 15.64 billion current US$ | +12.1% |
| 2015 | 12.69 billion current US$ | -18.9% |
| 2016 | 12.78 billion current US$ | +0.7% |
| 2017 | 18.78 billion current US$ | +46.9% |
| 2018 | 18.34 billion current US$ | -2.3% |
| 2019 | 20.21 billion current US$ | +10.2% |
| 2020 | 16.36 billion current US$ | -19.0% |
| 2021 | 24.14 billion current US$ | +47.5% |
| 2022 | 26.00 billion current US$ | +7.7% |
| 2023 | 32.28 billion current US$ | +24.2% |
| 2024 | 33.08 billion current US$ | +2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.04 billion current US$ | 1.15 billion current US$ | 3.16 billion current US$ | 5 |
| 1980s | 6.22 billion current US$ | 4.66 billion current US$ | 8.42 billion current US$ | 10 |
| 1990s | 5.27 billion current US$ | 3.17 billion current US$ | 7.75 billion current US$ | 10 |
| 2000s | 7.65 billion current US$ | 3.34 billion current US$ | 13.17 billion current US$ | 10 |
| 2010s | 14.28 billion current US$ | 8.46 billion current US$ | 20.21 billion current US$ | 10 |
| 2020s | 26.37 billion current US$ | 16.36 billion current US$ | 33.08 billion current US$ | 5 |
Countries ranked near Kuwait
- 3 Philippines 72.84 billion current US$ compare
- 4 France 60.68 billion current US$ compare
- 5 Hong Kong, China 42.89 billion current US$ compare
- 7 Sweden 32.85 billion current US$ compare
- 8 Korea 32.17 billion current US$ compare
- 9 Bangladesh 25.05 billion current US$ 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)
- GNI (current LCU), annual growth rate -2.06 % change on previous year (2024)
- GNI (current LCU), per unit of GDP 0.3698 current LCU per US$ of GDP (2024)
- GNI (current LCU), per capita 12,148 current LCU per person (2024)
- Net primary income (Net income from abroad) (current US$), annual 2.48 % change on previous year (2024)
- Net primary income (Net income from abroad) (current LCU), annual 2.32 % change on previous year (2024)
- Taxes less subsidies on products (current US$), annual growth rate 4.27 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP -0.075 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita -2,423 current US$ per person (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 33.08 billion current US$ 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 33.08 billion current US$ in 2024.
- What is the lowest net primary income (net income from abroad) recorded in Kuwait?
- The lowest recorded value was 1.15 billion current US$ in 1975.
- How does Kuwait rank for net primary income (net income from abroad)?
- Kuwait ranks 6th out of 207 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 111.5%. 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 Net primary income (Net income from abroad) (current US$). 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 indicator is expressed in United States dollars.