🇰🇼 Kuwait External balance on goods and services

Kuwait External balance on goods and services was $10.73B in 2023, down 10.0% from 2022, according to World Bank data. The 10-year average is $11.51B. Historical data available from 2010 to 2023 (14 data points). The all-time high was $15.10B in 2012.

Source: World Bank World Development Indicators • 2010–2023 • 14 data points • Economy & Growth

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Latest Value

$10.73B

2023

Year-on-Year

-10.0%

vs 2022

10-Year Average

$11.51B

2014–2023

Range

High: $15.10B (2012)

Low: $9.45B (2018)

Kuwait External balance on goods and services (constant LCU) — 2010 to 2023

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About this Indicator

The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.

Historical Data Table

Year	Value	Change
2023	$10.73B	-10.0%
2022	$11.92B	+0.2%
2021	$11.90B	-8.4%
2020	$12.99B	+27.3%
2019	$10.21B	+8.0%
2018	$9.45B	-3.3%
2017	$9.78B	-21.1%
2016	$12.38B	+0.5%
2015	$12.32B	-8.3%
2014	$13.44B	-5.3%

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Related Indicators

Adjusted net national income (current US$)

Adjusted net national income (constant 2015 US$)

Adjusted net savings, excluding particulate emission damage (current US$)

Adjusted net national income per capita (current US$)

Adjusted net national income per capita (constant 2015 US$)

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