Net secondary income (Net current transfers from abroad) in Kuwait
Kuwait: Net secondary income (Net current transfers from abroad) was -14.57 billion current US$ in 2024. β Volatile
Net secondary income (Net current transfers from abroad) in Kuwait, 1975β2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Kuwait recorded -14.57 billion current US$ for net secondary income (net current transfers from abroad) in 2024.
The figure is down 12.8% on the previous year and up 29.5% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Kuwait peaked at -536.96 million current US$ in 1976 and was at its lowest, -23.80 billion current US$, in 1991.
That places Kuwait 192nd out of 202 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -1.08 billion current US$ | -1.29 billion current US$ | -536.96 million current US$ | 5 |
| 1980s | -1.46 billion current US$ | -1.66 billion current US$ | -1.26 billion current US$ | 10 |
| 1990s | -4.17 billion current US$ | -23.80 billion current US$ | -1.30 billion current US$ | 10 |
| 2000s | -5.23 billion current US$ | -13.00 billion current US$ | -1.96 billion current US$ | 10 |
| 2010s | -16.64 billion current US$ | -20.68 billion current US$ | -12.26 billion current US$ | 10 |
| 2020s | -16.30 billion current US$ | -18.57 billion current US$ | -12.92 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)
- Taxes less subsidies on products (current LCU), annual growth rate 4.34 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP -0.023 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita -742.6 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 2.39 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 0.4182 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 0.3054 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 3.27 (2025)
- Gdp worldbank constant usd, annual growth rate 2.73 % change on previous year (2025)
Frequently asked questions
- What is net secondary income (net current transfers from abroad) in Kuwait?
- Net secondary income (net current transfers from abroad) in Kuwait was -14.57 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest net secondary income (net current transfers from abroad) recorded in Kuwait?
- The highest recorded value was -536.96 million current US$ in 1976.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Kuwait?
- The lowest recorded value was -23.80 billion current US$ in 1991.
- How does Kuwait rank for net secondary income (net current transfers from abroad)?
- Kuwait ranks 192nd out of 202 countries with data for 2024.
- Is net secondary income (net current transfers from abroad) rising or falling in Kuwait?
- Over the last ten years it is up 29.5%. 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 secondary income (Net current transfers from abroad) (current US$). Statizoid updates them automatically from the source API.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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.