Kuwait Total Trade of Goods & Services: % of Nominal GDP
1962 - 2019 | Yearly | % | CEIC Data
Key information about Kuwait Total Trade of Goods and Services: % of Nominal GDP
- Kuwait Total Trade of Goods & Services: % of Nominal GDP recorded 96.410 % in Dec 2019, compared with 103.115 % in the previous year.
- Kuwait Total Trade of Goods & Services: % of Nominal GDP data is updated yearly, available from Dec 1962 to Dec 2019, with an averaged value of 93.969 %.
- 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 2019 in the chart:
What was Kuwait's Total Trade of Goods & Services: % of Nominal GDP in 2019?
Kuwait Total Trade of Goods & Services: % of Nominal GDP recorded 96.410 % in Dec 2019, compared with 103.115 % in the previous year. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 96.410 2019 | 103.115 2018 | 57.795 1969 | 267.407 1991 | % | yearly | 1962 - 2019 |
Total Trade of Goods & Services: % of Nominal GDP by Country Comparison
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Includes Total Trade of Goods & Services: % of Nominal GDP on 116 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 97.912 Sep 2023 | quarterly | Mar 2008 - Sep 2023 |
| Algeria (%) | 66.753 2022 | yearly | 1950 - 2022 |
| Argentina (%) | 25.051 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Armenia (%) | 123.511 Dec 2023 | quarterly | Dec 1994 - Dec 2023 |
| Australia (%) | 45.508 Dec 2023 | quarterly | Sep 1959 - Dec 2023 |
| Austria (%) | 114.564 Dec 2023 | quarterly | Mar 1964 - Dec 2023 |
| Azerbaijan (%) | 86.607 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Bahrain (%) | 159.813 2021 | yearly | 1975 - 2021 |
| Bangladesh (%) | 30.983 2023 | yearly | 1960 - 2023 |
| Belarus (%) | 138.384 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Belgium (%) | 166.861 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
| Bolivia (%) | 59.738 Sep 2023 | quarterly | Mar 1990 - Sep 2023 |
| Bosnia and Herzegovina (%) | 96.874 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Botswana (%) | 65.526 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Brazil (%) | 32.578 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Brunei (%) | 146.934 Sep 2023 | quarterly | Mar 2004 - Sep 2023 |
| Bulgaria (%) | 105.131 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Cambodia (%) | 123.187 2022 | yearly | 1988 - 2022 |
| Canada (%) | 65.425 Dec 2023 | quarterly | Mar 1961 - Dec 2023 |
| Chile (%) | 61.190 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
| China (%) | 36.606 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
| Colombia (%) | 38.463 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
| Croatia (%) | 101.989 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Cyprus (%) | 180.296 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Czech Republic (%) | 139.114 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Denmark (%) | 130.567 Dec 2023 | quarterly | Mar 1977 - Dec 2023 |
| Ecuador (%) | 55.229 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| Egypt (%) | 34.826 Dec 2023 | quarterly | Sep 2001 - Dec 2023 |
| Estonia (%) | 148.098 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| European Union (%) | 98.287 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Finland (%) | 81.663 Dec 2023 | quarterly | Mar 1970 - Dec 2023 |
| France (%) | 64.201 Dec 2023 | quarterly | Mar 1975 - Dec 2023 |
| Georgia (%) | 98.420 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Germany (%) | 87.277 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| Ghana (%) | 69.037 2023 | yearly | 1983 - 2023 |
| Greece (%) | 89.771 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Hong Kong SAR, China (%) | 361.708 Dec 2023 | quarterly | Mar 1973 - Dec 2023 |
| Hungary (%) | 133.205 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Iceland (%) | 84.830 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| India (%) | 45.560 Dec 2023 | quarterly | Jun 1996 - Dec 2023 |
| Indonesia (%) | 42.927 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Iran (%) | 44.699 2020 | yearly | 1959 - 2020 |
| Ireland (%) | 259.702 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Israel (%) | 57.447 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Italy (%) | 65.527 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
| Ivory Coast (%) | 50.313 2023 | yearly | 1960 - 2023 |
| Japan (%) | 46.120 Dec 2023 | quarterly | Mar 1955 - Dec 2023 |
| Jordan (%) | 80.489 2021 | yearly | 1967 - 2021 |
| Kazakhstan (%) | 66.742 Sep 2023 | quarterly | Mar 1994 - Sep 2023 |
| Kenya (%) | 33.730 2022 | yearly | 1964 - 2022 |
| South Korea (%) | 87.660 Dec 2023 | quarterly | Mar 1960 - Dec 2023 |
| Kosovo (%) | 97.236 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
| Kuwait (%) | 96.410 2019 | yearly | 1962 - 2019 |
| Kyrgyzstan (%) | 98.747 Sep 2016 | quarterly | Mar 2000 - Sep 2016 |
| Laos (%) | 75.092 2016 | yearly | 1984 - 2016 |
| Latvia (%) | 130.599 Jun 2023 | quarterly | Mar 1992 - Jun 2023 |
| Lebanon (%) | 87.417 2020 | yearly | 1990 - 2020 |
| Lithuania (%) | 152.705 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Luxembourg (%) | 392.412 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Macau SAR, China (%) | 138.032 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
| North Macedonia (%) | 148.980 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Malawi (%) | 46.339 2019 | yearly | 1960 - 2019 |
| Malaysia (%) | 134.009 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| Malta (%) | 309.983 Dec 2023 | quarterly | Mar 1992 - Dec 2023 |
| Mauritius (%) | 99.884 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Mexico (%) | 71.793 Sep 2023 | quarterly | Mar 1993 - Sep 2023 |
| Moldova (%) | 87.779 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Mongolia (%) | 117.628 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
| Montenegro (%) | 103.656 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
| Morocco (%) | 96.419 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
| Mozambique (%) | 135.560 2022 | yearly | 1991 - 2022 |
| Myanmar (%) | 49.145 2019 | yearly | 2019 - 2019 |
| Nepal (%) | 43.659 2023 | yearly | 1969 - 2023 |
| Netherlands (%) | 154.303 Dec 2023 | quarterly | Mar 1987 - Dec 2023 |
| New Zealand (%) | 50.130 Dec 2023 | quarterly | Jun 1987 - Dec 2023 |
| Nigeria (%) | 29.308 Jun 2023 | quarterly | Mar 2010 - Jun 2023 |
| Norway (%) | 77.979 Dec 2023 | quarterly | Mar 1978 - Dec 2023 |
| Oman (%) | 95.667 2021 | yearly | 1980 - 2021 |
| Pakistan (%) | 27.749 2023 | yearly | 2000 - 2023 |
| Palestinian Territory (%) | 87.436 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
| Panama (%) | 95.912 2022 | yearly | 1960 - 2022 |
| Paraguay (%) | 83.471 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Peru (%) | 50.841 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
| Philippines (%) | 57.898 Dec 2023 | quarterly | Mar 1981 - Dec 2023 |
| Poland (%) | 100.250 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Portugal (%) | 89.840 Dec 2023 | quarterly | Mar 1977 - Dec 2023 |
| Qatar (%) | 90.505 Jun 2023 | quarterly | Mar 2013 - Jun 2023 |
| Romania (%) | 71.542 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Russia (%) | 38.802 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Saudi Arabia (%) | 61.506 Dec 2023 | quarterly | Mar 2003 - Dec 2023 |
| Serbia (%) | 117.807 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Singapore (%) | 308.847 Dec 2023 | quarterly | Mar 1975 - Dec 2023 |
| Slovakia (%) | 176.849 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
| Slovenia (%) | 153.368 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| South Africa (%) | 65.176 Dec 2023 | quarterly | Mar 1960 - Dec 2023 |
| Spain (%) | 70.632 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
| Sri Lanka (%) | 41.549 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
| Sudan (%) | 41.299 2019 | yearly | 1996 - 2019 |
| Sweden (%) | 104.471 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
| Switzerland (%) | 135.134 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | 11.7 2022 | yearly | 1988 - 2022 |
| Consolidated Fiscal Balance (USD mn) | 20,955.438 2022 | yearly | 1988 - 2022 |
| Tax Revenue (USD mn) | 128.142 Dec 2015 | monthly | Sep 2003 - Dec 2015 |
| Tax Revenue: % of GDP (%) | 1.0 2022 | yearly | 1986 - 2022 |
| National Government Debt (USD mn) | 682.8 Jan 2024 | monthly | Dec 1993 - Jan 2024 |
| Government Debt: % of GDP (%) | 0.4 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
| Forecast: Government Expenditure (KWD bn) | 28.396 2028 | yearly | 1985 - 2028 |
| Forecast: Government Net Debt (KWD bn) | 9.523 2028 | yearly | 1991 - 2028 |
| Forecast: Government Revenue (KWD bn) | 29.444 2028 | yearly | 1985 - 2028 |
| Government Fiscal Balance: ytd (KWD mn) | -1,092.520 Jan 2024 | monthly | Apr 2018 - Jan 2024 |
| Government Revenue: ytd: Non Oil: Tax and Fees (KWD mn) | 347.935 Jan 2024 | monthly | Apr 2018 - Jan 2024 |
| Government Expenditure: ytd: Purchases of Non Financial Assets (KWD mn) | 821.421 Jan 2024 | monthly | Apr 2018 - Jan 2024 |
| Government Revenue: ytd: Non Oil (KWD mn) | 1,452.022 Jan 2024 | monthly | Apr 2018 - Jan 2024 |
| Government Revenue: ytd (KWD mn) | 17,803.518 Jan 2024 | monthly | Apr 2018 - Jan 2024 |
| Government Expenditure: ytd: Current (KWD mn) | 18,074.618 Jan 2024 | monthly | Apr 2018 - Jan 2024 |
| Government Expenditure: ytd (KWD mn) | 18,896.039 Jan 2024 | monthly | Apr 2018 - Jan 2024 |
| Government Revenue: Tax (KWD mn) | 486.000 2016 | yearly | 1987 - 2016 |
| Government Expenditure (KWD mn) | 18,245.900 2016 | yearly | 1989 - 2016 |
| Government Revenue (KWD mn) | 13,633.900 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) | 1,817.0 Mar 2021 | monthly | Jan 1993 - Mar 2021 |
| Total Exports (USD mn) | 5,006.5 Mar 2021 | monthly | Jan 1993 - Mar 2021 |
| Total Exports Growth (%) | 61.8 Mar 2021 | monthly | Jan 1994 - Mar 2021 |
| Aluminum: Exports (USD th) | 152,297.350 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 529,113.260 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 17,111.420 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 3,189.5 Mar 2021 | monthly | Jan 1992 - Mar 2021 |
| Total Imports Growth (%) | 27.7 Mar 2021 | monthly | Jan 1993 - Mar 2021 |
| Imports: Medicament (USD th) | 1,144,894.403 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 442,329.808 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 4.443 Dec 2023 | monthly | Jan 1973 - Dec 2023 |
| Total Imports from USA (USD mn) | 266.038 Mar 2021 | monthly | Jan 2017 - Mar 2021 |
| Total Exports to China (USD mn) | 27.186 Mar 2021 | monthly | Jan 2017 - Mar 2021 |
| Total Imports from China (USD mn) | 505.174 Mar 2021 | monthly | Jan 2017 - Mar 2021 |
| 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 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 4,557.2 Sep 2023 | quarterly | Mar 2012 - Sep 2023 |
| Current Account Balance (USD mn) | 15,358.8 Sep 2023 | quarterly | Mar 2012 - Sep 2023 |
| Current Account Balance: % of GDP (%) | 37.2 Sep 2023 | quarterly | Mar 2012 - Sep 2023 |
| Foreign Direct Investment (USD mn) | 196.3 Sep 2023 | quarterly | Mar 2012 - Sep 2023 |
| Foreign Direct Investment: % of GDP (%) | 0.5 Sep 2023 | quarterly | Mar 2012 - Sep 2023 |
| Foreign Portfolio Investment (USD mn) | -224.952 Sep 2023 | quarterly | Mar 2012 - Sep 2023 |
| Foreign Portfolio Investment: % of GDP (%) | -0.5 Sep 2023 | quarterly | Mar 2012 - Sep 2023 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | -99.8 Jun 2023 | quarterly | Mar 2012 - Jun 2023 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -28.282 Sep 2023 | quarterly | Mar 2012 - Sep 2023 |
| External Debt (USD mn) | 59,638.5 Sep 2023 | quarterly | Mar 2018 - Sep 2023 |
| External Debt: % of GDP (%) | 35.3 2022 | yearly | 2014 - 2022 |
| Forecast: Current Account Balance (USD bn) | 29.379 2028 | yearly | 1980 - 2028 |
| Net International Investment Position (USD mn) | 105,184.786 2022 | yearly | 2001 - 2022 |
| BoP: FA: Other Investments (OT) (KWD mn) | -1,407.000 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: OT: Assets (KWD mn) | -2,795.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Portfolio Investment: Liabilities (KWD mn) | 10.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Portfolio Investment: Assets (KWD mn) | -1,260.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: CA: Debit (KWD mn) | 0.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: CA: Secondary Income: Credit (KWD mn) | 0.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: Capital Account: Debit (KWD mn) | 5.000 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: OT: Liabilities (KWD mn) | 1,389.000 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 |
| Number of Investment Companies (Unit) | 41.000 Dec 2022 | monthly | Mar 2005 - Dec 2022 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.7 Sep 2023 | quarterly | Mar 2012 - Sep 2023 |
| Household Debt: % of GDP (%) | 0.5 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
| Money Supply M1 (USD mn) | 34,098.521 Jan 2024 | monthly | Jan 1994 - Jan 2024 |
| Money Supply M2 (USD mn) | 126,586.246 Jan 2024 | monthly | Jan 1994 - Jan 2024 |
| M2 Growth (%) | -0.6 Jan 2024 | monthly | Jan 1995 - Jan 2024 |
| Foreign Exchange Reserves (USD mn) | 41,142.5 Jan 2024 | monthly | Jan 1964 - Jan 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 25.497 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 13.6 Dec 2023 | quarterly | Mar 1973 - Dec 2023 |
| Gold Reserves (USD mn) | 103.073 Jan 2024 | monthly | Dec 1961 - Jan 2024 |
| Total Deposits (USD mn) | 157,920.013 Jan 2024 | monthly | Jan 1994 - Jan 2024 |
| Total Deposits Growth (%) | 2.9 Jan 2024 | monthly | Jan 1995 - Jan 2024 |
| Domestic Credit (USD mn) | 128,049.4 Jan 2024 | monthly | Jan 1994 - Jan 2024 |
| Domestic Credit Growth (%) | 0.2 Jan 2024 | monthly | Jan 1995 - Jan 2024 |
| Household Debt (USD mn) | 2,157.4 Jan 2024 | monthly | Jan 2002 - Jan 2024 |
| Total Loans (USD mn) | 175,098.033 Jan 2024 | monthly | Jan 1994 - Jan 2024 |
| Total Loans Growth (%) | 2.65 Jan 2024 | monthly | Jan 1995 - Jan 2024 |
| Private Debt: % of Nominal GDP (%) | 100.05 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
More Indicators for Kuwait
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