Net secondary income (Net current transfers from abroad) in Kuwait
Kuwait: Net secondary income (Net current transfers from abroad) was -4.47 billion current LCU in 2024. ◆ Volatile
Net secondary income (Net current transfers from abroad) in Kuwait, 1975–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2024, net secondary income (net current transfers from abroad) in Kuwait stood at -4.47 billion current LCU.
The figure is down 12.6% on the previous year and up 24.0% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Kuwait peaked at -157.00 million current LCU in 1976 and was at its lowest, -6.76 billion current LCU, in 1991.
That places Kuwait 168th out of 202 countries with data for 2024, putting it 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 |
|---|---|---|---|---|
| 1970s | -304.00 million current LCU | -358.00 million current LCU | -157.00 million current LCU | 5 |
| 1980s | -418.70 million current LCU | -473.00 million current LCU | -351.00 million current LCU | 10 |
| 1990s | -1.21 billion current LCU | -6.76 billion current LCU | -394.00 million current LCU | 10 |
| 2000s | -1.50 billion current LCU | -3.74 billion current LCU | -600.00 million current LCU | 10 |
| 2010s | -4.87 billion current LCU | -6.03 billion current LCU | -3.51 billion current LCU | 10 |
| 2020s | -4.98 billion current LCU | -5.60 billion current LCU | -3.97 billion current LCU | 5 |
Countries ranked near Kuwait
More economy & growth data for Kuwait
- DEC alternative conversion factor 0.3065 LCU per US$ (2025)
- 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)
- GNI 193.99 billion current US$ (2024)
Frequently asked questions
- What is net secondary income (net current transfers from abroad) in Kuwait?
- Net secondary income (net current transfers from abroad) in Kuwait was -4.47 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest net secondary income (net current transfers from abroad) recorded in Kuwait?
- The highest recorded value was -157.00 million current LCU in 1976.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Kuwait?
- The lowest recorded value was -6.76 billion current LCU in 1991.
- How does Kuwait rank for net secondary income (net current transfers from abroad)?
- Kuwait ranks 168th out of 202 countries with data for 2024.
- Is net secondary income (net current transfers from abroad) rising or falling in Kuwait?
- Over the last ten years it is up 24.0%. 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 Net secondary income (Net current transfers from abroad) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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.