Changes in inventories in Kuwait
Kuwait: Changes in inventories was -811.50 million current LCU in 2024. ◆ Volatile
Changes in inventories in Kuwait, 1965–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2024, changes in inventories in Kuwait stood at -811.50 million current LCU. That is the lowest value across all 48 years on record.
The figure is down 291.7% on the previous year and down 2,740.0% over ten years.
Over the whole period, changes in inventories in Kuwait peaked at 344.28 million current LCU in 2012 and was at its lowest, -811.50 million current LCU, in 2024.
Kuwait ranks 155th of 185 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 |
|---|---|---|---|---|
| 1960s | 19.00 million current LCU | 14.00 million current LCU | 23.00 million current LCU | 5 |
| 1970s | 49.40 million current LCU | -2.10 million current LCU | 144.10 million current LCU | 10 |
| 1980s | 51.84 million current LCU | -60.72 million current LCU | 129.10 million current LCU | 10 |
| 1990s | 112.52 million current LCU | -21.40 million current LCU | 210.00 million current LCU | 5 |
| 2000s | 0 current LCU | 0 current LCU | 0 current LCU | 3 |
| 2010s | 218.98 million current LCU | -28.57 million current LCU | 344.28 million current LCU | 10 |
| 2020s | -347.57 million current LCU | -811.50 million current LCU | 254.85 million current LCU | 5 |
Countries ranked near Kuwait
- 152 South Africa -581.90 million current LCU compare
- 153 Lithuania -592.47 million current LCU compare
- 154 Slovakia -612.32 million current LCU compare
- 156 Eswatini -977.45 million current LCU compare
- 157 New Caledonia -983.00 million current LCU compare
- 158 Croatia -1.07 billion current LCU compare
More economy & growth data for Kuwait
- DEC alternative conversion factor 0.3065 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -4.47 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -14.57 billion current US$ (2024)
- Taxes less subsidies on products -3.61 billion current LCU (2025)
- Taxes less subsidies on products -11.79 billion current US$ (2025)
- Net primary income (Net income from abroad) 10.15 billion current LCU (2024)
- Net primary income (Net income from abroad) 33.08 billion current US$ (2024)
- GNI per capita 12,148 current LCU (2024)
- GNI per capita, Atlas method 41,110 current US$ (2024)
- GNI 59.49 billion current LCU (2024)
Frequently asked questions
- What is changes in inventories in Kuwait?
- Changes in inventories in Kuwait was -811.50 million current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest changes in inventories recorded in Kuwait?
- The highest recorded value was 344.28 million current LCU in 2012.
- What is the lowest changes in inventories recorded in Kuwait?
- The lowest recorded value was -811.50 million current LCU in 2024.
- How does Kuwait rank for changes in inventories?
- Kuwait ranks 155th out of 185 countries with data for 2024.
- Is changes in inventories rising or falling in Kuwait?
- Over the last ten years it is down 2,740.0%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Changes in inventories (current LCU). Statizoid updates them automatically from the source API.
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About this data
Changes in inventories is the value of entries into inventories less the value of withdrawals and less the value of any recurrent losses of goods held in inventories during the accounting period.This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.