🇰🇼 Kuwait External balance on goods and services
Kuwait External balance on goods and services was $32.05B in 2023, down 41.7% from 2022, according to World Bank data. The 10-year average is $23.36B. Historical data available from 1965 to 2023 (59 data points). The all-time high was $84.33B in 2012.
Source: World Bank World Development Indicators • 1965–2023 • 59 data points • Economy & Growth
Latest Value
$32.05B
2023
Year-on-Year
-41.7%
vs 2022
10-Year Average
$23.36B
2014–2023
Range
High: $84.33B (2012)
Low: -11,979,850,423 (1991)
Kuwait External balance on goods and services (current US$) — 1965 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Historical Data Table
| Year | Value |
|---|---|
| 2023 | $32.05B |
| 2022 | $55.01B |
| 2021 | $31.82B |
| 2020 | $6.01B |
| 2019 | $17.51B |
| 2018 | $16.41B |
| 2017 | $5.49B |
| 2016 | -977,113,032 |
| 2015 | $10.12B |
| 2014 | $60.14B |
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<iframe src="https://nationstat.com/en/country/kuwait/external-balance-on-goods-and-services-current-us" width="800" height="500" frameborder="0"></iframe>Compare with Other Countries
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🇸🇷Suriname
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🇺🇾Uruguay
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Related Indicators
Adjusted net national income (current US$)
129.2B
2019
Adjusted net national income (constant 2015 US$)
122.8B
2019
Adjusted net savings, excluding particulate emission damage (current US$)
19.8B
2019
Adjusted net national income per capita (current US$)
29.1K
2019
Adjusted net national income per capita (constant 2015 US$)
27.6K
2019