Primary income balance (credit less debit), Net (credits less debits) in Kuwait
Kuwait: Primary income balance (credit less debit), Net (credits less debits) was 33.09 billion in 2024. ◆ Volatile
Primary income balance (credit less debit), Net (credits less debits) in Kuwait, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, primary income balance (credit less debit), net (credits less debits) in Kuwait stood at 33.09 billion.
Compared with earlier readings it is up 2.5% on the previous year and up 124.3% over ten years.
Over the whole period, primary income balance (credit less debit), net (credits less debits) in Kuwait peaked at 36.92 billion in 2019 and was at its lowest, 7.18 billion, in 2005.
That places Kuwait 5th out of 197 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income balance (credit less debit), Net (credits less debits) in Kuwait, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 7.18 billion | — |
| 2006 | 10.97 billion | +52.7% |
| 2007 | 12.39 billion | +13.0% |
| 2008 | 10.74 billion | -13.3% |
| 2009 | 7.68 billion | -28.5% |
| 2010 | 8.46 billion | +10.1% |
| 2011 | 9.18 billion | +8.5% |
| 2012 | 12.70 billion | +38.3% |
| 2013 | 13.25 billion | +4.4% |
| 2014 | 14.75 billion | +11.3% |
| 2015 | 14.85 billion | +0.7% |
| 2016 | 18.14 billion | +22.1% |
| 2017 | 19.93 billion | +9.9% |
| 2018 | 21.91 billion | +9.9% |
| 2019 | 36.92 billion | +68.5% |
| 2020 | 36.23 billion | -1.9% |
| 2021 | 25.38 billion | -30.0% |
| 2022 | 25.97 billion | +2.4% |
| 2023 | 32.28 billion | +24.3% |
| 2024 | 33.09 billion | +2.5% |
Kuwait compared with similar countries
- Kuwait's 33.09 billion is above the median for high income countries, which is -896.13 million. (72 countries reporting)
- Kuwait's 33.09 billion is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is -1.42 billion. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.79 billion | 7.18 billion | 12.39 billion | 5 |
| 2010s | 17.01 billion | 8.46 billion | 36.92 billion | 10 |
| 2020s | 30.59 billion | 25.38 billion | 36.23 billion | 5 |
Countries ranked near Kuwait
More financial sector data for Kuwait
- Reserve position in the IMF, US dollar, annual growth rate 11.16 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0044 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 142.41 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 5.86 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0032 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 103.99 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 11.16 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0044 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 142.41 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 5.86 % change on previous year (2025)
Frequently asked questions
- What is primary income balance (credit less debit), net (credits less debits) in Kuwait?
- Primary income balance (credit less debit), net (credits less debits) in Kuwait was 33.09 billion in 2024, according to International Monetary Fund.
- What is the highest primary income balance (credit less debit), net (credits less debits) recorded in Kuwait?
- The highest recorded value was 36.92 billion in 2019.
- What is the lowest primary income balance (credit less debit), net (credits less debits) recorded in Kuwait?
- The lowest recorded value was 7.18 billion in 2005.
- How does Kuwait rank for primary income balance (credit less debit), net (credits less debits)?
- Kuwait ranks 5th out of 197 countries with data for 2024.
- Is primary income balance (credit less debit), net (credits less debits) rising or falling in Kuwait?
- Over the last ten years it is up 124.3%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from International Monetary Fund, published as part of Primary income 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.