Kuwait - External balance on goods and services (constant LCU)

The value for External balance on goods and services (constant LCU) in Kuwait was 8,550,212,000 as of 2019. As the graph below shows, over the past 9 years this indicator reached a maximum value of 15,103,200,000 in 2012 and a minimum value of 8,550,212,000 in 2019.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2010 12,014,000,000
2011 14,640,600,000
2012 15,103,200,000
2013 14,029,800,000
2014 13,439,500,000
2015 12,322,800,000
2016 12,384,400,000
2017 9,772,800,000
2018 9,439,835,000
2019 8,550,212,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts