Secondary income balance (credit less debit), Net (credits less) in Kuwait
Kuwait: Secondary income balance (credit less debit), Net (credits less) was -14.58 billion in 2024. ▼ Falling
Secondary income balance (credit less debit), Net (credits less) in Kuwait, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for secondary income balance (credit less debit), net (credits less) in Kuwait is -14.58 billion, measured in 2024.
The figure is down 12.7% on the previous year and up 29.5% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in Kuwait peaked at -3.42 billion in 2005 and was at its lowest, -20.67 billion, in 2014.
That places Kuwait 190th out of 197 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Secondary income balance (credit less debit), Net (credits less) in Kuwait, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -3.42 billion | — |
| 2006 | -3.67 billion | +7.4% |
| 2007 | -10.45 billion | +184.5% |
| 2008 | -10.69 billion | +2.3% |
| 2009 | -12.33 billion | +15.3% |
| 2010 | -12.26 billion | -0.6% |
| 2011 | -14.38 billion | +17.3% |
| 2012 | -16.71 billion | +16.3% |
| 2013 | -19.11 billion | +14.3% |
| 2014 | -20.67 billion | +8.2% |
| 2015 | -16.52 billion | -20.1% |
| 2016 | -16.73 billion | +1.3% |
| 2017 | -14.90 billion | -10.9% |
| 2018 | -14.85 billion | -0.3% |
| 2019 | -19.84 billion | +33.6% |
| 2020 | -17.60 billion | -11.3% |
| 2021 | -18.60 billion | +5.7% |
| 2022 | -17.91 billion | -3.7% |
| 2023 | -12.93 billion | -27.8% |
| 2024 | -14.58 billion | +12.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -8.11 billion | -12.33 billion | -3.42 billion | 5 |
| 2010s | -16.60 billion | -20.67 billion | -12.26 billion | 10 |
| 2020s | -16.32 billion | -18.60 billion | -12.93 billion | 5 |
Countries ranked near Kuwait
- 187 Switzerland -11.38 billion compare
- 188 Netherlands -12.10 billion compare
- 189 Spain -12.61 billion compare
- 191 Italy -20.28 billion compare
- 192 United Kingdom of Great Britain and Northern Ireland -23.39 billion compare
- 193 Japan -30.48 billion compare
More financial sector data for Kuwait
- Total reserves (gold at national valuation) (SDR), annual growth rate -12.22 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 6,116 SDR per person (2025)
- 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)
Frequently asked questions
- What is secondary income balance (credit less debit), net (credits less) in Kuwait?
- Secondary income balance (credit less debit), net (credits less) in Kuwait was -14.58 billion in 2024, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Kuwait?
- The highest recorded value was -3.42 billion in 2005.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Kuwait?
- The lowest recorded value was -20.67 billion in 2014.
- How does Kuwait rank for secondary income balance (credit less debit), net (credits less)?
- Kuwait ranks 190th out of 197 countries with data for 2024.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Kuwait?
- Over the last ten years it is up 29.5%. 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 Secondary 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.