Kuwait: Growth of exports

* indicates monthly or quarterly data series
 Kuwait

Exports of goods and services, annual growth

 Latest value -3.20
 Year 2024
 Measure percent
 Data availability 2011 - 2024
 Average 1.12
 Min - Max -8.50 - 15.29
 Source The World Bank
 Available for Data download
The latest value from 2024 is -3.2 percent, a decline from 2.36 percent in 2023. In comparison, the world average is 4.54 percent, based on data from 155 countries. Historically, the average for Kuwait from 2011 to 2024 is 1.12 percent. The minimum value, -8.5 percent, was reached in 2019 while the maximum of 15.29 percent was recorded in 2022. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
From   To 


 Recent values Kuwait: Growth of exports
 2024 -3.20
 2023 2.36
 2022 15.29
 2021 -3.18
 2020 -2.89
 2019 -8.50
 2018 -0.32
 2017 -4.75




Definition: Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.

Other resources:

Download data from our database

All indicators for Kuwait

All indicators on the website

Article: Are trade deficits bad for the economy?

Article: Sources of economic growth

Article: Currency values and investment returns

All articles



 Related indicators Latest Reference Measure
 Terms of trade 123.30 2024 percent
 Trade openness 93.99 2024 percent
 Financial openness 1.028 2022 index points
 Exports, percent of GDP 55.76 2024 percent
 Exports, billion dollars 89.71 2024 billion U.S. dollars
 Growth of exports -3.20 2024 percent
 Imports, percent of GDP 38.23 2024 percent
 Imports, billion dollars 61.52 2024 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 0.26 2025 percent
 Foreign Direct Investment, billion dollars 0.61 2024 billion U.S. dollars
 Portfolio investment inflows, equities 374.02 2024 million dollars (current)
 Current account, percent of GDP 22.70 2025 percent
 Current account, in dollars 35.68 2025 billion U.S. dollars
 Trade balance, percent of GDP 17.52 2024 percent
 Trade balance, in dollars 28.19 2024 billion U.S. dollars
 Reserves 51.74 2025 billion U.S. dollars
 Remittances, percent of GDP 0.01 2024 percent
 Remittances 23.93 2025 million U.S. dollars
 Net errors and omissions 4,881.27 2025 million USD
This site uses cookies.
Learn more here


OK