Kuwait Total Trade of Goods & Services: % of Nominal GDP
Key information about Kuwait Total Trade of Goods and Services: % of Nominal GDP
- Kuwait Total Trade of Goods & Services: % of Nominal GDP recorded 93.991 % in Dec 2024, compared with 96.034 % in the previous year.
- Kuwait Total Trade of Goods & Services: % of Nominal GDP data is updated yearly, available from Dec 1962 to Dec 2024, with an averaged value of 90.127 %.
- The data reached an all-time high of 267.407 % in Dec 1991 and a record low of 57.795 % in Dec 1969.
CEIC calculates annual Total Trade of Goods and Services as % of Nominal GDP from annual Total Trade of Goods and Services and annual Nominal GDP. Central Statistical Bureau provides Total Trade of Goods and Services in local currency and Nominal GDP in local currency.
View Kuwait's Total Trade of Goods & Services: % of Nominal GDP from 1962 to 2024 in the chart:
What was Kuwait's Total Trade of Goods & Services: % of Nominal GDP in 2024?
Kuwait Total Trade of Goods & Services: % of Nominal GDP recorded 93.991 % in Dec 2024, compared with 96.034 % in the previous year. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 93.991 2024 | 96.034 2023 | 57.795 1969 | 267.407 1991 | % | yearly | 1962 - 2024 |
Total Trade of Goods & Services: % of Nominal GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 75.038 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Algeria (%) | 40.135 2024 | yearly | 1950 - 2024 |
| Argentina (%) | 31.911 Dec 2025 | quarterly | Mar 1993 - Dec 2025 |
| Armenia (%) | 87.394 Dec 2025 | quarterly | Dec 1994 - Dec 2025 |
| Australia (%) | 46.220 Mar 2026 | quarterly | Sep 1959 - Mar 2026 |
| Austria (%) | 110.989 Mar 2026 | quarterly | Mar 1964 - Mar 2026 |
| Azerbaijan (%) | 78.822 Dec 2025 | quarterly | Mar 2001 - Dec 2025 |
| Bahrain (%) | 157.483 2024 | yearly | 1975 - 2024 |
| Bangladesh (%) | 27.951 2025 | yearly | 1960 - 2025 |
| Belarus (%) | 110.722 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Belgium (%) | 155.967 Mar 2026 | quarterly | Mar 1980 - Mar 2026 |
| Bolivia (%) | 42.770 Dec 2024 | quarterly | Mar 1990 - Dec 2024 |
| Bosnia and Herzegovina (%) | 90.924 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Botswana (%) | 69.640 Dec 2025 | quarterly | Mar 1994 - Dec 2025 |
| Brazil (%) | 32.597 Mar 2026 | quarterly | Mar 1996 - Mar 2026 |
| Brunei (%) | 117.971 Dec 2025 | quarterly | Mar 2004 - Dec 2025 |
| Bulgaria (%) | 108.943 Mar 2026 | quarterly | Mar 1995 - Mar 2026 |
| Cambodia (%) | 147.753 2022 | yearly | 1988 - 2022 |
| Canada (%) | 59.399 Sep 2025 | quarterly | Mar 1961 - Sep 2025 |
| Chile (%) | 63.491 Dec 2025 | quarterly | Mar 1990 - Dec 2025 |
| China (%) | 36.774 Dec 2025 | quarterly | Mar 1998 - Dec 2025 |
| Colombia (%) | 32.249 Mar 2026 | quarterly | Mar 2005 - Mar 2026 |
| Croatia (%) | 96.053 Mar 2026 | quarterly | Mar 1995 - Mar 2026 |
| Cyprus (%) | 191.969 Mar 2026 | quarterly | Mar 1995 - Mar 2026 |
| Czech Republic (%) | 123.763 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Denmark (%) | 130.138 Mar 2026 | quarterly | Mar 1977 - Mar 2026 |
| Ecuador (%) | 60.049 Dec 2025 | quarterly | Mar 1991 - Dec 2025 |
| Egypt (%) | 44.860 Dec 2025 | quarterly | Sep 2001 - Dec 2025 |
| Estonia (%) | 158.272 Mar 2026 | quarterly | Mar 1995 - Mar 2026 |
| European Union (%) | 92.730 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Finland (%) | 83.075 Dec 2025 | quarterly | Mar 1970 - Dec 2025 |
| France (%) | 66.530 Mar 2026 | quarterly | Mar 1975 - Mar 2026 |
| Georgia (%) | 99.472 Dec 2025 | quarterly | Mar 1996 - Dec 2025 |
| Germany (%) | 77.841 Mar 2026 | quarterly | Mar 1991 - Mar 2026 |
| Ghana (%) | 7.869 2025 | yearly | 2006 - 2025 |
| Greece (%) | 79.838 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Hong Kong SAR, China (%) | 415.687 Dec 2025 | quarterly | Mar 1973 - Dec 2025 |
| Hungary (%) | 156.716 Mar 2026 | quarterly | Mar 1995 - Mar 2026 |
| Iceland (%) | 70.651 Mar 2026 | quarterly | Mar 1995 - Mar 2026 |
| India (%) | 44.760 Mar 2026 | quarterly | Jun 1996 - Mar 2026 |
| Indonesia (%) | 41.505 Mar 2026 | quarterly | Mar 1993 - Mar 2026 |
| Iran (%) | 49.507 2024 | yearly | 1959 - 2024 |
| Ireland (%) | 262.249 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Israel (%) | 53.326 Mar 2026 | quarterly | Mar 1995 - Mar 2026 |
| Italy (%) | 59.566 Dec 2025 | quarterly | Mar 1980 - Dec 2025 |
| Ivory Coast (%) | 49.586 2024 | yearly | 1960 - 2024 |
| Japan (%) | 46.053 Mar 2026 | quarterly | Mar 1955 - Mar 2026 |
| Jordan (%) | 90.741 2023 | yearly | 1967 - 2023 |
| Kazakhstan (%) | 50.379 Dec 2025 | quarterly | Mar 1994 - Dec 2025 |
| Kenya (%) | 37.521 2025 | yearly | 1964 - 2025 |
| South Korea (%) | 94.245 Mar 2026 | quarterly | Mar 1960 - Mar 2026 |
| Kosovo (%) | 100.817 Dec 2025 | quarterly | Mar 2010 - Dec 2025 |
| Kuwait (%) | 93.991 2024 | yearly | 1962 - 2024 |
| Kyrgyzstan (%) | 98.747 Sep 2016 | quarterly | Mar 2000 - Sep 2016 |
| Laos (%) | 75.092 2016 | yearly | 1984 - 2016 |
| Latvia (%) | 119.913 Dec 2025 | quarterly | Mar 1992 - Dec 2025 |
| Lebanon (%) | 87.912 2024 | yearly | 1990 - 2024 |
| Lithuania (%) | 137.416 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Luxembourg (%) | 355.260 Mar 2026 | quarterly | Mar 1995 - Mar 2026 |
| Macau SAR, China (%) | 136.803 Dec 2025 | quarterly | Mar 1998 - Dec 2025 |
| North Macedonia (%) | 151.976 Mar 2026 | quarterly | Mar 2000 - Mar 2026 |
| Malawi (%) | 42.438 2023 | yearly | 1960 - 2023 |
| Malaysia (%) | 137.293 Mar 2026 | quarterly | Mar 1991 - Mar 2026 |
| Malta (%) | 216.476 Sep 2025 | quarterly | Mar 1992 - Sep 2025 |
| Mauritius (%) | 134.828 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| Mexico (%) | 80.360 Dec 2025 | quarterly | Mar 1993 - Dec 2025 |
| Moldova (%) | 91.718 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Mongolia (%) | 128.153 Mar 2026 | quarterly | Mar 2005 - Mar 2026 |
| Montenegro (%) | 99.599 Dec 2025 | quarterly | Mar 2006 - Dec 2025 |
| Morocco (%) | 92.271 Dec 2025 | quarterly | Mar 2007 - Dec 2025 |
| Mozambique (%) | 95.659 2024 | yearly | 1991 - 2024 |
| Myanmar (%) | 40.754 2023 | yearly | 2018 - 2023 |
| Nepal (%) | 41.969 2025 | yearly | 1969 - 2025 |
| Netherlands (%) | 145.219 Mar 2026 | quarterly | Mar 1987 - Mar 2026 |
| New Zealand (%) | 52.825 Dec 2025 | quarterly | Jun 1987 - Dec 2025 |
| Nigeria (%) | 43.197 Dec 2024 | quarterly | Mar 2010 - Dec 2024 |
| Norway (%) | 76.638 Mar 2026 | quarterly | Mar 1978 - Mar 2026 |
| Oman (%) | 118.999 2024 | yearly | 1980 - 2024 |
| Pakistan (%) | 27.308 2025 | yearly | 2000 - 2025 |
| Palestinian Territory (%) | 76.654 Dec 2025 | quarterly | Mar 2011 - Dec 2025 |
| Panama (%) | 83.674 2024 | yearly | 1960 - 2024 |
| Paraguay (%) | 69.612 Dec 2025 | quarterly | Mar 1994 - Dec 2025 |
| Peru (%) | 54.751 Mar 2026 | quarterly | Mar 1980 - Mar 2026 |
| Philippines (%) | 74.696 Mar 2026 | quarterly | Mar 1981 - Mar 2026 |
| Poland (%) | 100.096 Mar 2026 | quarterly | Mar 1995 - Mar 2026 |
| Portugal (%) | 86.275 Mar 2026 | quarterly | Mar 1977 - Mar 2026 |
| Qatar (%) | 98.917 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| Romania (%) | 65.788 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Russia (%) | 30.641 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Saudi Arabia (%) | 54.469 Mar 2026 | quarterly | Mar 2003 - Mar 2026 |
| Serbia (%) | 108.286 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Singapore (%) | 345.795 Mar 2026 | quarterly | Mar 1975 - Mar 2026 |
| Slovakia (%) | 175.339 Mar 2026 | quarterly | Mar 1990 - Mar 2026 |
| Slovenia (%) | 154.419 Mar 2026 | quarterly | Mar 1995 - Mar 2026 |
| South Africa (%) | 59.826 Dec 2025 | quarterly | Mar 1960 - Dec 2025 |
| Spain (%) | 70.504 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
| Sri Lanka (%) | 42.782 Dec 2025 | quarterly | Mar 2010 - Dec 2025 |
| Sudan (%) | 41.636 2019 | yearly | 1996 - 2019 |
| Sweden (%) | 105.513 Mar 2026 | quarterly | Mar 1980 - Mar 2026 |
| Switzerland (%) | 156.068 Mar 2026 | quarterly | Mar 1980 - Mar 2026 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doKuwait Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -2.1 2024 | yearly | 1988 - 2024 |
| Consolidated Fiscal Balance (USD mn) | -20,623.986 2025 | yearly | 1988 - 2025 |
| Tax Revenue (USD mn) | 128.142 Dec 2015 | monthly | Sep 2003 - Dec 2015 |
| Tax Revenue: % of GDP (%) | 1.3 2025 | yearly | 1986 - 2025 |
| National Government Debt (USD mn) | 9,943.0 Apr 2026 | monthly | Dec 1993 - Apr 2026 |
| Government Debt: % of GDP (%) | 4.7 Dec 2025 | quarterly | Dec 2010 - Dec 2025 |
| Forecast: Government Expenditure (KWD bn) | 29.604 2031 | yearly | 1985 - 2031 |
| Forecast: Government Net Debt (KWD bn) | 23.230 2031 | yearly | 1991 - 2031 |
| Forecast: Government Revenue (KWD bn) | 47.224 2031 | yearly | 1985 - 2031 |
| Government Expenditure: ytd: Purchases of Non Financial Assets (KWD mn) | 1,134.847 Mar 2025 | monthly | Apr 2018 - Mar 2025 |
| Government Expenditure: ytd: Current (KWD mn) | 21,978.132 Mar 2025 | monthly | Apr 2018 - Mar 2025 |
| Government Expenditure: ytd (KWD mn) | 23,112.979 Mar 2025 | monthly | Apr 2018 - Mar 2025 |
| Government Surplus/Deficit (KWD mn) | -6,306.500 2026 | yearly | 1989 - 2026 |
| Public Debt (KWD mn) | 3,050.000 Apr 2026 | monthly | Dec 1993 - Apr 2026 |
| Government Fiscal Balance: ytd (KWD mn) | -1,561.505 Mar 2024 | monthly | Apr 2018 - Mar 2024 |
| Government Revenue: ytd: Non Oil: Tax and Fees (KWD mn) | 550.910 Mar 2024 | monthly | Apr 2018 - Mar 2024 |
| Government Revenue: ytd: Non Oil (KWD mn) | 2,116.770 Mar 2024 | monthly | Apr 2018 - Mar 2024 |
| Government Revenue: ytd (KWD mn) | 23,644.325 Mar 2024 | monthly | Apr 2018 - Mar 2024 |
| Government Expenditure (KWD mn) | 18,245.900 2016 | yearly | 1989 - 2016 |
| Government Revenue (KWD mn) | 13,633.900 2016 | yearly | 1987 - 2016 |
| Government Revenue: Tax (KWD mn) | 486.000 2016 | yearly | 1987 - 2016 |
| Government Expenditure: Current (KWD mn) | 12,125.900 2016 | yearly | 1989 - 2016 |
| Government Expenditure: Capital (KWD mn) | 226.000 2016 | yearly | 1989 - 2016 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.994 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 1,929.4 Feb 2026 | monthly | Jan 1993 - Feb 2026 |
| Total Exports (USD mn) | 5,437.9 Feb 2026 | monthly | Jan 1993 - Feb 2026 |
| Total Exports Growth (%) | -7.2 Feb 2026 | monthly | Jan 1994 - Feb 2026 |
| Aluminum: Exports (USD th) | 50,049.855 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 347,503.397 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 4,176.130 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 3,508.5 Feb 2026 | monthly | Jan 1992 - Feb 2026 |
| Total Imports Growth (%) | 12.8 Feb 2026 | monthly | Jan 1993 - Feb 2026 |
| Imports: Medicament (USD th) | 1,308,449.500 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 650,043.407 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 2.331 Feb 2026 | monthly | Sep 1991 - Feb 2026 |
| Total Imports from USA (USD mn) | 212.800 Feb 2026 | monthly | Jan 2017 - Feb 2026 |
| Total Exports to China (USD mn) | 50.764 Feb 2026 | monthly | Jan 2017 - Feb 2026 |
| Total Imports from China (USD mn) | 743.476 Feb 2026 | monthly | Jan 2017 - Feb 2026 |
| Exports: FOB: Growth Rate: YoY (%) | -7.203 Feb 2026 | monthly | Apr 2020 - Feb 2026 |
| Trade Balance: Quarterly (KWD mn) | 2,789.603 Dec 2018 | quarterly | Mar 1973 - Dec 2018 |
| Exports: SITC: Other Manufactured Articles (KWD mn) | 36.800 Sep 2018 | quarterly | Sep 2014 - Sep 2018 |
| Exports: SITC: Food and Live Animals (KWD mn) | 39.900 Sep 2018 | quarterly | Sep 2014 - Sep 2018 |
| Export Value Index (2015=100) | 156.100 2023 | yearly | 1980 - 2023 |
| Import Value Index (2015=100) | 121.300 2023 | yearly | 1980 - 2023 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | -2,936.2 Dec 2025 | quarterly | Mar 2012 - Dec 2025 |
| Current Account Balance (USD mn) | 7,200.8 Dec 2025 | quarterly | Mar 2012 - Dec 2025 |
| Current Account Balance: % of GDP (%) | 18.5 Dec 2025 | quarterly | Mar 2012 - Dec 2025 |
| Foreign Direct Investment (USD mn) | 39.6 Dec 2025 | quarterly | Mar 2012 - Dec 2025 |
| Foreign Direct Investment: % of GDP (%) | 0.1 Dec 2025 | quarterly | Mar 2012 - Dec 2025 |
| Foreign Portfolio Investment (USD mn) | 14,960.907 Dec 2025 | quarterly | Mar 2012 - Dec 2025 |
| Foreign Portfolio Investment: % of GDP (%) | 38.5 Dec 2025 | quarterly | Mar 2012 - Dec 2025 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 2,973.5 Dec 2025 | quarterly | Mar 2012 - Dec 2025 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 11,987.443 Dec 2025 | quarterly | Mar 2012 - Dec 2025 |
| External Debt (USD mn) | 94,837.9 Dec 2025 | quarterly | Mar 2018 - Dec 2025 |
| External Debt: % of GDP (%) | 60.1 2025 | yearly | 2014 - 2025 |
| Forecast: Current Account Balance (USD bn) | 28.640 2031 | yearly | 1980 - 2031 |
| Net International Investment Position (USD mn) | 100,998.363 2025 | yearly | 2001 - 2025 |
| BoP: FA: OT: Assets (KWD mn) | -2,795.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Reserve Assets: Central Bank of Kuwait (CBK) (KWD mn) | 448.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Other Investments (OT) (KWD mn) | -1,407.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: CA: Primary Income: Debit (KWD mn) | 0.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Portfolio Investment: Liabilities (KWD mn) | 10.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: Capital Account: Debit (KWD mn) | 5.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Portfolio Investment: Assets (KWD mn) | -1,260.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: CA: Secondary Income: Credit (KWD mn) | 0.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: CA: Debit (KWD mn) | 0.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: Net Errors and Omissions (KWD mn) | 493.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Financial Derivatives: Liabilities (KWD mn) | 40.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Financial Derivatives: Assets (KWD mn) | -36.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Portfolio Investment: Liabilities: Debt Instruments (KWD mn) | 0.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: OT: Liabilities (KWD mn) | 1,389.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.4 Dec 2025 | quarterly | Mar 2011 - Dec 2025 |
| Household Debt: % of GDP (%) | 1.1 Dec 2025 | quarterly | Dec 2010 - Dec 2025 |
| Money Supply M1 (USD mn) | 36,744.254 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| Money Supply M2 (USD mn) | 139,733.007 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| M2 Growth (%) | 2.2 Apr 2026 | monthly | Jan 1995 - Apr 2026 |
| Foreign Exchange Reserves (USD mn) | 33,729.2 Apr 2026 | monthly | Jan 1964 - Apr 2026 |
| Foreign Exchange Reserves: % of GDP (%) | 22.581 Dec 2025 | quarterly | Dec 2010 - Dec 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 9.2 Dec 2025 | quarterly | Mar 1973 - Dec 2025 |
| Gold Reserves (USD mn) | 103.341 Apr 2026 | monthly | Dec 1961 - Apr 2026 |
| Total Deposits (USD mn) | 201,897.311 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| Total Deposits Growth (%) | 10.1 Apr 2026 | monthly | Jan 1995 - Apr 2026 |
| Domestic Credit (USD mn) | 156,494.2 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| Domestic Credit Growth (%) | 12.6 Apr 2026 | monthly | Jan 1995 - Apr 2026 |
| Household Debt (USD mn) | 1,821.0 Apr 2026 | monthly | Jan 2002 - Apr 2026 |
| Total Loans (USD mn) | 177,007.335 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| Total Loans Growth (%) | 6.70 Apr 2026 | monthly | Jan 1995 - Apr 2026 |
| Private Debt: % of Nominal GDP (%) | 106.68 Dec 2025 | quarterly | Dec 2010 - Dec 2025 |
| Monetary Survey: CBK and Local Banks: Money Supply M2 (KWD mn) | 42,863.100 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| Money Supply: M3: M2: M1: Currency in Circulation (KWD mn) | 1,857.200 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| Money Supply: M3 (KWD mn) | 42,863.100 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| Monetary Survey: CBK and Local Banks: Money Supply M2: M1 (KWD mn) | 11,271.300 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| Local Banks Time Deposits (KWD mn) | 78,371.800 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
More Indicators for Kuwait
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.