Goods balance (credit less debit), Net (credits less debits) in Kuwait
Kuwait: Goods balance (credit less debit), Net (credits less debits) was 44.05 billion in 2024. ▼ Falling
Goods balance (credit less debit), Net (credits less debits) in Kuwait, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for goods balance (credit less debit), net (credits less debits) in Kuwait is 44.05 billion, measured in 2024.
The figure is down 13.9% on the previous year and down 43.1% over ten years.
Over the whole period, goods balance (credit less debit), net (credits less debits) in Kuwait peaked at 95.40 billion in 2012 and was at its lowest, 15.41 billion, in 2020.
That places Kuwait 16th out of 198 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently falling across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 42.59 billion | 30.25 billion | 64.00 billion | 5 |
| 2010s | 54.56 billion | 20.05 billion | 95.40 billion | 10 |
| 2020s | 44.62 billion | 15.41 billion | 71.95 billion | 5 |
Countries ranked near Kuwait
More financial sector data for Kuwait
- Net domestic credit (current LCU), per capita 9,517 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 0.2945 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 15.75 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 88.87 million SDR (2025)
- Gold reserves at market value 8.10 billion SDR (2025)
- Reserves excluding gold, foreign exchange 25.92 billion SDR (2025)
- Reserves excluding gold 29.68 billion SDR (2025)
- Total reserves (gold at market value) 37.78 billion SDR (2025)
- Total reserves (gold at national valuation) 29.76 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 6,116 SDR per person (2025)
Frequently asked questions
- What is goods balance (credit less debit), net (credits less debits) in Kuwait?
- Goods balance (credit less debit), net (credits less debits) in Kuwait was 44.05 billion in 2024, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), net (credits less debits) recorded in Kuwait?
- The highest recorded value was 95.40 billion in 2012.
- What is the lowest goods balance (credit less debit), net (credits less debits) recorded in Kuwait?
- The lowest recorded value was 15.41 billion in 2020.
- How does Kuwait rank for goods balance (credit less debit), net (credits less debits)?
- Kuwait ranks 16th out of 198 countries with data for 2024.
- Is goods balance (credit less debit), net (credits less debits) rising or falling in Kuwait?
- Over the last ten years it is down 43.1%. The long-run trend across the full record is falling.
- Where does this Kuwait data come from?
- The figures come from International Monetary Fund, published as part of Goods balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.