Trade as a share of GDP in Kuwait
Kuwait: Trade as a share of GDP was 94.0% in 2024. ▼ Falling
Trade as a share of GDP in Kuwait, 1965–2024
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for trade as a share of gdp in Kuwait is 94.0%, measured in 2024.
The figure is down 2.1% on the previous year and down 6.0% over ten years.
Over the whole period, trade as a share of gdp in Kuwait peaked at 142.6% in 1991 and was at its lowest, 81.2%, in 2002.
Kuwait ranks 75th of 191 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 60 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 89.8% | 87.8% | 92.4% | 5 |
| 1970s | 100.1% | 83.9% | 115.5% | 10 |
| 1980s | 100.5% | 89.7% | 112.6% | 10 |
| 1990s | 98.4% | 85.4% | 142.6% | 10 |
| 2000s | 88.6% | 81.2% | 92.7% | 10 |
| 2010s | 98.2% | 91.7% | 102.8% | 10 |
| 2020s | 89.0% | 82.0% | 96.0% | 5 |
Countries ranked near Kuwait
- 72 Cape Verde 95.3% compare
- 73 Bosnia and Herzegovina 95.1% compare
- 74 Mauritania 94.0% compare
- 76 Northern Mariana Islands 93.2% compare
- 77 Morocco 93.1% compare
- 78 Micronesia (country) 93.1% compare
More economy & growth data for Kuwait
- Exports of goods and services 27.51 billion current LCU (2024)
- Services, value added 93.74 billion current US$ (2025)
- Gross national expenditure 132.71 billion current US$ (2024)
- Gross national expenditure 40.70 billion current LCU (2024)
- Gross national expenditure 114.97 billion constant 2015 US$ (2024)
- Industry (including construction), value added 54.1% (2025)
- Gross national expenditure 82.5% (2024)
- Exports of goods and services 89.71 billion current US$ (2024)
- Gross fixed capital formation 26.95 billion current US$ (2024)
- Exports of goods and services 55.8% (2024)
Frequently asked questions
- What is trade as a share of gdp in Kuwait?
- Trade as a share of gdp in Kuwait was 94.0% in 2024, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest trade as a share of gdp recorded in Kuwait?
- The highest recorded value was 142.6% in 1991.
- What is the lowest trade as a share of gdp recorded in Kuwait?
- The lowest recorded value was 81.2% in 2002.
- How does Kuwait rank for trade as a share of gdp?
- Kuwait ranks 75th out of 191 countries with data for 2024.
- Is trade as a share of gdp rising or falling in Kuwait?
- Over the last ten years it is down 6.0%. The long-run trend across the full record is falling.
- Where does this Kuwait data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Trade as a share of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 60 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Trade in goods and services as a share of GDP, shown as a percentage.