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% |
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
- Total reserves in months of imports, annual growth rate -6.09 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -13.89 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1649 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 5,327 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -12.24 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 6,100 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate -2.88 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 7,765 SDR per person (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.