Kuwait: Imports, billion dollars
* indicates monthly or quarterly data series
Kuwait |
Imports of goods and services, billion USD |
---|---|
Latest value | 61.14 |
Year | 2019 |
Measure | billion U.S. dollars |
Data availability | 1965 - 2019 |
Average | 17.72 |
Min - Max | 0.48 - 63.05 |
Source | The World Bank |
The latest value from 2019 is 61.14 billion U.S. dollars, a decline from 63.05 billion U.S. dollars in 2018. In comparison, the world average is 139.88 billion U.S. dollars, based on data from 170 countries. Historically, the average for Kuwait from 1965 to 2019 is 17.72 billion U.S. dollars. The minimum value, 0.48 billion U.S. dollars, was reached in 1965 while the maximum of 63.05 billion U.S. dollars was recorded in 2018.
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
Recent data
Historical series
Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
All articles
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Terms of trade | 124.96 | 2021 | percent |
Trade openness | 96.41 | 2019 | percent |
Financial openness | 1.034 | 2021 | index points |
Exports, percent of GDP | 52.33 | 2019 | percent |
Exports, billion dollars | 72.58 | 2019 | billion U.S. dollars |
Growth of exports | -10.05 | 2019 | percent |
Imports, percent of GDP | 44.08 | 2019 | percent |
Imports, billion dollars | 61.14 | 2019 | billion U.S. dollars |
Foreign Direct Investment, percent of GDP | 1.31 | 2023 | percent |
Foreign Direct Investment, billion dollars | 0.75 | 2022 | billion U.S. dollars |
Portfolio investment inflows, equities | -374.81 | 2023 | million dollars (current) |
Current account, percent of GDP | 31.40 | 2023 | percent |
Current account, in dollars | 51.40 | 2023 | billion U.S. dollars |
Trade balance, percent of GDP | 8.25 | 2019 | percent |
Trade balance, in dollars | 32.05 | 2023 | billion U.S. dollars |
Reserves | 52.62 | 2023 | billion U.S. dollars |
Remittances, percent of GDP | 0.01 | 2023 | percent |
Remittances | 22.93 | 2023 | million U.S. dollars |
Net errors and omissions | -694.68 | 2023 | million USD |
Foreign exchange reserves | 12.93 | 9/2024 | billion |