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 98.183 % 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:

Kuwait Total Trade of Goods & Services: % of Nominal GDP

What was Kuwait's Total Trade of Goods & Services: % of Nominal GDP in 2019?

Kuwait Total Trade of Goods & Services: % of Nominal GDP recorded 98.183 % 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
98.183 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 (%) 77.886 Mar 2022 quarterly Mar 2008 - Mar 2022
Algeria (%) 45.312 2020 yearly 1950 - 2020
Argentina (%) 31.328 Mar 2022 quarterly Mar 1993 - Mar 2022
Armenia (%) 89.628 Mar 2022 quarterly Dec 1994 - Mar 2022
Australia (%) 46.645 Mar 2022 quarterly Sep 1959 - Mar 2022
Austria (%) 123.090 Mar 2022 quarterly Mar 1964 - Mar 2022
Azerbaijan (%) 76.589 Mar 2022 quarterly Mar 2001 - Mar 2022
Bahrain (%) 139.808 2020 yearly 1975 - 2020
Bangladesh (%) 35.329 2022 yearly 1960 - 2022
Belarus (%) 144.062 Dec 2021 quarterly Mar 1995 - Dec 2021
Belgium (%) 184.775 Mar 2022 quarterly Mar 1980 - Mar 2022
Bolivia (%) 64.773 Dec 2021 quarterly Mar 1990 - Dec 2021
Bosnia and Herzegovina (%) 109.567 Mar 2022 quarterly Mar 2008 - Mar 2022
Botswana (%) 98.757 Mar 2022 quarterly Mar 1994 - Mar 2022
Brazil (%) 38.638 Mar 2022 quarterly Mar 1996 - Mar 2022
Brunei (%) 146.290 Dec 2021 quarterly Mar 2004 - Dec 2021
Bulgaria (%) 151.275 Mar 2022 quarterly Mar 1995 - Mar 2022
Cambodia (%) 123.556 2019 yearly 1988 - 2019
Canada (%) 65.990 Mar 2022 quarterly Mar 1961 - Mar 2022
Chile (%) 70.226 Mar 2022 quarterly Mar 1990 - Mar 2022
China (%) 38.607 Jun 2022 quarterly Mar 1998 - Jun 2022
Colombia (%) 47.200 Mar 2022 quarterly Mar 2005 - Mar 2022
Croatia (%) 109.639 Mar 2022 quarterly Mar 1995 - Mar 2022
Cyprus (%) 157.011 Mar 2022 quarterly Mar 1995 - Mar 2022
Czech Republic (%) 150.668 Mar 2022 quarterly Mar 1995 - Mar 2022
Denmark (%) 120.441 Mar 2022 quarterly Mar 1977 - Mar 2022
Ecuador (%) 55.816 Mar 2022 quarterly Mar 1991 - Mar 2022
Egypt (%) 36.589 Jun 2021 quarterly Sep 2001 - Jun 2021
Estonia (%) 167.494 Mar 2022 quarterly Mar 1995 - Mar 2022
European Union (%) 106.672 Mar 2022 quarterly Mar 1995 - Mar 2022
Finland (%) 87.077 Mar 2022 quarterly Mar 1970 - Mar 2022
France (%) 71.121 Jun 2022 quarterly Mar 1975 - Jun 2022
Georgia (%) 115.787 Mar 2022 quarterly Mar 1996 - Mar 2022
Germany (%) 94.293 Mar 2022 quarterly Mar 1991 - Mar 2022
Ghana (%) 58.430 2021 yearly 1983 - 2021
Greece (%) 97.814 Mar 2022 quarterly Mar 1995 - Mar 2022
Hong Kong SAR, China (%) 398.691 Mar 2022 quarterly Mar 1973 - Mar 2022
Hungary (%) 192.232 Mar 2022 quarterly Mar 1995 - Mar 2022
Iceland (%) 85.832 Mar 2022 quarterly Mar 1995 - Mar 2022
India (%) 45.137 Mar 2022 quarterly Jun 1996 - Mar 2022
Indonesia (%) 45.178 Jun 2022 quarterly Mar 1993 - Jun 2022
Iran (%) 46.280 2020 yearly 1959 - 2020
Ireland (%) 221.626 Mar 2022 quarterly Mar 1995 - Mar 2022
Israel (%) 59.369 Mar 2022 quarterly Mar 1995 - Mar 2022
Italy (%) 73.950 Mar 2022 quarterly Mar 1980 - Mar 2022
Ivory Coast (%) 44.501 2021 yearly 1960 - 2021
Japan (%) 42.459 Mar 2022 quarterly Mar 1955 - Mar 2022
Jordan (%) 90.054 2016 yearly 1967 - 2016
Kazakhstan (%) 72.724 Mar 2022 quarterly Mar 1994 - Mar 2022
Kenya (%) 27.353 2020 yearly 1964 - 2020
South Korea (%) 95.096 Mar 2022 quarterly Mar 1960 - Mar 2022
Kosovo (%) 112.176 Mar 2022 quarterly Mar 2010 - Mar 2022
Kuwait (%) 98.183 2019 yearly 1962 - 2019
Kyrgyzstan (%) 102.688 Sep 2016 quarterly Mar 2000 - Sep 2016
Laos (%) 75.092 2016 yearly 1984 - 2016
Latvia (%) 147.789 Mar 2022 quarterly Mar 1992 - Mar 2022
Lebanon (%) 87.417 2020 yearly 1990 - 2020
Lithuania (%) 178.622 Mar 2022 quarterly Mar 1995 - Mar 2022
Luxembourg (%) 388.786 Mar 2022 quarterly Mar 1995 - Mar 2022
Macau SAR, China (%) 180.161 Mar 2022 quarterly Mar 1998 - Mar 2022
North Macedonia (%) 168.851 Mar 2022 quarterly Mar 2000 - Mar 2022
Malawi (%) 46.339 2019 yearly 1960 - 2019
Malaysia (%) 132.653 Mar 2022 quarterly Mar 1991 - Mar 2022
Malta (%) 294.249 Mar 2022 quarterly Mar 1992 - Mar 2022
Mauritius (%) 111.343 Mar 2022 quarterly Mar 1999 - Mar 2022
Mexico (%) 85.880 Mar 2022 quarterly Mar 1993 - Mar 2022
Moldova (%) 113.327 Mar 2022 quarterly Mar 1995 - Mar 2022
Mongolia (%) 124.899 Mar 2022 quarterly Mar 2005 - Mar 2022
Montenegro (%) 127.710 Mar 2022 quarterly Mar 2010 - Mar 2022
Morocco (%) 84.894 Mar 2022 quarterly Mar 2007 - Mar 2022
Mozambique (%) 100.217 2021 yearly 1991 - 2021
Myanmar (%) 45.534 2019 yearly 1998 - 2019
Nepal (%) 37.909 2021 yearly 1969 - 2021
Netherlands (%) 163.718 Mar 2022 quarterly Mar 1987 - Mar 2022
New Zealand (%) 47.774 Mar 2022 quarterly Jun 1987 - Mar 2022
Nigeria (%) 23.366 Dec 2021 quarterly Mar 2010 - Dec 2021
Norway (%) 76.529 Mar 2022 quarterly Mar 1978 - Mar 2022
Oman (%) 81.050 2020 yearly 1980 - 2020
Pakistan (%) 32.321 2022 yearly 1969 - 2022
Palestinian Territory (%) 79.186 Mar 2022 quarterly Mar 2011 - Mar 2022
Panama (%) 74.077 2020 yearly 1960 - 2020
Paraguay (%) 65.107 Mar 2022 quarterly Mar 1994 - Mar 2022
Peru (%) 60.309 Mar 2022 quarterly Mar 1980 - Mar 2022
Philippines (%) 71.170 Jun 2022 quarterly Mar 1981 - Jun 2022
Poland (%) 126.544 Mar 2022 quarterly Mar 2002 - Mar 2022
Portugal (%) 97.123 Mar 2022 quarterly Mar 1977 - Mar 2022
Qatar (%) 100.837 Dec 2021 quarterly Mar 2013 - Dec 2021
Romania (%) 109.722 Mar 2022 quarterly Mar 1995 - Mar 2022
Russia (%) 52.344 Dec 2021 quarterly Mar 1995 - Dec 2021
Saudi Arabia (%) 64.055 Mar 2022 quarterly Mar 2003 - Mar 2022
Serbia (%) 139.677 Mar 2022 quarterly Mar 1996 - Mar 2022
Singapore (%) 348.603 Mar 2022 quarterly Mar 1975 - Mar 2022
Slovakia (%) 218.128 Mar 2022 quarterly Mar 1990 - Mar 2022
Slovenia (%) 183.786 Mar 2022 quarterly Mar 1995 - Mar 2022
South Africa (%) 60.209 Mar 2022 quarterly Mar 1960 - Mar 2022
Spain (%) 83.719 Jun 2022 quarterly Mar 1980 - Jun 2022
Sri Lanka (%) 45.195 Dec 2021 quarterly Mar 2010 - Dec 2021
Sudan (%) 41.326 2019 yearly 1996 - 2019
Sweden (%) 98.488 Mar 2022 quarterly Mar 1980 - Mar 2022
Switzerland (%) 136.385 Mar 2022 quarterly Mar 1980 - Mar 2022

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Kuwait Key Series

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Includes 178 key indicators for Kuwait, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -9.6 2019 yearly 1988 - 2019
Consolidated Fiscal Balance (USD mn) -35,254.149 2020 yearly 1988 - 2020
Tax Revenue (USD mn) 128.142 Dec 2015 monthly Sep 2003 - Dec 2015
Tax Revenue: % of GDP (%) 1.5 2020 yearly 1986 - 2020
National Government Debt (USD mn) 1,635.9 May 2022 monthly Dec 1993 - May 2022
Government Debt: % of GDP (%) 3.2 Dec 2020 quarterly Dec 2010 - Dec 2020
Forecast: Government Expenditure (KWD bn) 24.751 2027 yearly 1990 - 2027
Forecast: Government Net Debt (KWD bn) 13.132 2027 yearly 1991 - 2027
Forecast: Government Revenue (KWD bn) 28.437 2027 yearly 1990 - 2027
Government Fiscal Balance: ytd (KWD mn) -401.505 Feb 2022 monthly Apr 2018 - Feb 2022
Government Expenditure: ytd: Current (KWD mn) 14,978.234 Feb 2022 monthly Apr 2018 - Feb 2022
Government Revenue: ytd: Non Oil (KWD mn) 1,711.965 Feb 2022 monthly Apr 2018 - Feb 2022
Government Revenue: ytd: Non Oil: Tax and Fees (KWD mn) 383.685 Feb 2022 monthly Apr 2018 - Feb 2022
Government Expenditure: ytd (KWD mn) 16,380.557 Feb 2022 monthly Apr 2018 - Feb 2022
Government Expenditure: ytd: Purchases of Non Financial Assets (KWD mn) 1,402.323 Feb 2022 monthly Apr 2018 - Feb 2022
Government Revenue: ytd (KWD mn) 15,979.052 Feb 2022 monthly Apr 2018 - Feb 2022
Government Expenditure (KWD mn) 18,245.900 2016 yearly 1989 - 2016
Government Expenditure: Capital (KWD mn) 226.000 2016 yearly 1989 - 2016
Government Revenue: Tax (KWD mn) 486.000 2016 yearly 1987 - 2016
Government Revenue (KWD mn) 13,633.900 2016 yearly 1987 - 2016
Government Expenditure: Current (KWD mn) 12,125.900 2016 yearly 1989 - 2016
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.861 2027 yearly 1980 - 2027
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) 20,167.163 2021 yearly 1995 - 2021
Exports: Medicament (USD th) 51,195.339 2021 yearly 1995 - 2021
Exports: Medicinal and Pharmaceutical Product (USD th) 2,928.186 2021 yearly 1995 - 2021
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) 1,073,023.230 2021 yearly 1995 - 2021
Imports: Medicinal and Pharmaceutical Product (USD th) 371,521.020 2021 yearly 1995 - 2021
Total Exports to USA (USD mn) 1.157 Apr 2022 monthly Jan 1973 - Apr 2022
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: Food and Live Animals (KWD mn) 39.900 Sep 2018 quarterly Sep 2014 - Sep 2018
Exports: SITC: Other Manufactured Articles (KWD mn) 36.800 Sep 2018 quarterly Sep 2014 - Sep 2018
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 2,366.0 Sep 2021 quarterly Mar 2012 - Sep 2021
Current Account Balance (USD mn) 8,665.0 Sep 2021 quarterly Mar 2012 - Sep 2021
Current Account Balance: % of GDP (%) 0.5 Dec 2020 quarterly Mar 2012 - Dec 2020
Foreign Direct Investment (USD mn) 94.4 Sep 2021 quarterly Mar 2012 - Sep 2021
Foreign Direct Investment: % of GDP (%) -1.4 Dec 2020 quarterly Mar 2012 - Dec 2020
Foreign Portfolio Investment (USD mn) 506.970 Sep 2021 quarterly Mar 2012 - Sep 2021
Foreign Portfolio Investment: % of GDP (%) 3.1 Dec 2020 quarterly Mar 2012 - Dec 2020
Foreign Portfolio Investment: Equity Securities (USD mn) 20.2 Dec 2021 quarterly Mar 2012 - Dec 2021
Foreign Portfolio Investment: Debt Securities (USD mn) 60.570 Dec 2021 quarterly Mar 2012 - Dec 2021
External Debt (USD mn) 58,787.1 Dec 2021 quarterly Mar 2018 - Dec 2021
External Debt: % of GDP (%) 50.5 2020 yearly 2014 - 2020
Forecast: Current Account Balance (USD bn) 34.812 2027 yearly 1980 - 2027
Net International Investment Position (USD mn) 99,111.738 2020 yearly 2001 - 2020
BoP: FA: OT: Assets (KWD mn) -2,795.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: CA: Debit (KWD mn) 0.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: CA: Primary Income: Debit (KWD mn) 0.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: CA: Secondary Income: Credit (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: Portfolio Investment: Liabilities: Debt Instruments (KWD mn) 0.000 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: FA: Portfolio Investment: Assets (KWD mn) -1,260.000 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: Reserve Assets: Central Bank of Kuwait (CBK) (KWD mn) 448.000 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: Financial Derivatives: Liabilities (KWD mn) 40.000 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 (%) 1.9 Sep 2021 quarterly Mar 2017 - Sep 2021
Household Debt: % of GDP (%) 1.7 Dec 2020 quarterly Dec 2010 - Dec 2020
Money Supply M1 (USD mn) 43,468.346 May 2022 monthly Jan 1994 - May 2022
Money Supply M2 (USD mn) 136,002.617 May 2022 monthly Jan 1994 - May 2022
M2 Growth (%) 8.1 May 2022 monthly Jan 1995 - May 2022
Foreign Exchange Reserves (USD mn) 43,841.8 May 2022 monthly Jan 1964 - May 2022
Foreign Exchange Reserves: % of GDP (%) 42.914 Dec 2020 quarterly Dec 2010 - Dec 2020
Foreign Exchange Reserves: Months of Import (NA) 14.1 Dec 2021 quarterly Mar 1973 - Dec 2021
Gold Reserves (USD mn) 103.851 May 2022 monthly Dec 1961 - May 2022
Total Deposits (USD mn) 153,790.283 May 2022 monthly Jan 1994 - May 2022
Total Deposits Growth (%) 7.5 May 2022 monthly Jan 1995 - May 2022
Domestic Credit (USD mn) 129,384.6 May 2022 monthly Jan 1994 - May 2022
Domestic Credit Growth (%) 13.8 May 2022 monthly Jan 1995 - May 2022
Household Debt (USD mn) 2,105.0 Jun 2022 monthly Jan 2002 - Jun 2022
Total Loans (USD mn) 146,673.646 May 2022 monthly Jan 1994 - May 2022
Total Loans Growth (%) 11.12 May 2022 monthly Jan 1995 - May 2022
Private Debt: % of Nominal GDP (%) 119.16 Dec 2020 quarterly Dec 2010 - Dec 2020

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