Services balance (credit less debit), Net (credits less debits) in Kuwait
Kuwait: Services balance (credit less debit), Net (credits less debits) was -15.86 billion in 2024. β Volatile
Services balance (credit less debit), Net (credits less debits) in Kuwait, 2005β2024
Source: International Monetary Fund.
Analysis
Kuwait recorded -15.86 billion for services balance (credit less debit), net (credits less debits) in 2024.
That represents a change of up 17.0% on the previous year and up 9.5% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Kuwait peaked at -2.19 billion in 2006 and was at its lowest, -28.72 billion, in 2018.
Kuwait ranks 186th of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -3.08 billion | -3.94 billion | -2.19 billion | 5 |
| 2010s | -17.27 billion | -28.72 billion | -6.78 billion | 10 |
| 2020s | -15.26 billion | -19.10 billion | -12.01 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)
- Domestic credit to private sector by banks 4.9% (2025)
Frequently asked questions
- What is services balance (credit less debit), net (credits less debits) in Kuwait?
- Services balance (credit less debit), net (credits less debits) in Kuwait was -15.86 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Kuwait?
- The highest recorded value was -2.19 billion in 2006.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Kuwait?
- The lowest recorded value was -28.72 billion in 2018.
- How does Kuwait rank for services balance (credit less debit), net (credits less debits)?
- Kuwait ranks 186th out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Kuwait?
- Over the last ten years it is up 9.5%. 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 Services 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.