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Trade openness — all countries

Trade openness — Kuwait

Trade openness in Kuwait in 2024 — 93.99%. Ranked 69 in the world out of 172. Since 1965, the indicator has risen by 3.2 pp.

2024 93.99% −2.04 pp vs 2023
World rank 69of 172
Period maximum 142.61%1991
Period minimum 81.23%2002

Trend over time

1965–2024 · % of GDP

Trade openness — Kuwait, 1965–202480100120140160196519711977198319891995200120072013201920241965: 90.79%1966: 90.05%1967: 87.96%1968: 87.8%1969: 92.42%1970: 83.93%1971: 85.01%1972: 89.26%1973: 94.1%1974: 98.8%1975: 106.48%1976: 110.49%1977: 115.47%1978: 110.4%1979: 106.79%1980: 112.65%1981: 107.98%1982: 106.87%1983: 108.48%1984: 104.75%1985: 96.42%1986: 94.2%1987: 89.66%1988: 90.5%1989: 93.77%1990: 103.01%1991: 142.61%1992: 94.69%1993: 92.06%1994: 93.18%1995: 94.32%1996: 91.47%1997: 92.44%1998: 94.96%1999: 85.37%2000: 86.62%2001: 86.85%2002: 81.23%2003: 86.56%2004: 89.3%2005: 92.24%2006: 89.71%2007: 91.73%2008: 92.68%2009: 88.81%2010: 97.03%2011: 99.12%2012: 101.01%2013: 97.61%2014: 100.04%2015: 98.7%2016: 96.16%2017: 97.84%2018: 102.79%2019: 91.69%2020: 82.01%2021: 82%2022: 90.92%2023: 96.03%2024: 93.99%
Change over the period: +3.2 pp Annual average: 0.05 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Kuwait

Kuwait 93.99%
World 56.72%
Middle East & North Africa 61.06%
Western Asia computed 64.3%
High-income countries computed 59.77%
Trade openness — Kuwait, by year Kuwait All countries CSV XLSX
Year % Change, pp
2024 93.99 −2.04 pp
2023 96.03 +5.12 pp
2022 90.92 +8.92 pp
2021 82 −0.01 pp
2020 82.01 −9.67 pp
2019 91.69 −11.1 pp
2018 102.79 +4.95 pp
2017 97.84 +1.68 pp
2016 96.16 −2.54 pp
2015 98.7 −1.34 pp
2014 100.04 +2.43 pp
2013 97.61 −3.41 pp
2012 101.01 +1.89 pp
2011 99.12 +2.09 pp
2010 97.03 +8.22 pp
2009 88.81 −3.87 pp
2008 92.68 +0.95 pp
2007 91.73 +2.02 pp
2006 89.71 −2.53 pp
2005 92.24 +2.95 pp
2004 89.3 +2.74 pp
2003 86.56 +5.33 pp
2002 81.23 −5.63 pp
2001 86.85 +0.23 pp
2000 86.62 +1.25 pp
1999 85.37 −9.59 pp
1998 94.96 +2.52 pp
1997 92.44 +0.97 pp
1996 91.47 −2.85 pp
1995 94.32 +1.14 pp
1994 93.18 +1.13 pp
1993 92.06 −2.63 pp
1992 94.69 −47.92 pp
1991 142.61 +39.6 pp
1990 103.01 +9.24 pp
1989 93.77 +3.27 pp
1988 90.5 +0.84 pp
1987 89.66 −4.54 pp
1986 94.2 −2.22 pp
1985 96.42 −8.33 pp
1984 104.75 −3.73 pp
1983 108.48 +1.61 pp
1982 106.87 −1.11 pp
1981 107.98 −4.67 pp
1980 112.65 +5.86 pp
1979 106.79 −3.62 pp
1978 110.4 −5.06 pp
1977 115.47 +4.98 pp
1976 110.49 +4.01 pp
1975 106.48 +7.68 pp
1974 98.8 +4.7 pp
1973 94.1 +4.84 pp
1972 89.26 +4.25 pp
1971 85.01 +1.08 pp
1970 83.93 −8.48 pp
1969 92.42 +4.61 pp
1968 87.8 −0.16 pp
1967 87.96 −2.09 pp
1966 90.05 −0.74 pp
1965 90.79 —

Western Asia, 2024

The same indicator for neighboring countries — with links to their pages

CY Cyprus 190.4 BH Bahrain 157.48 AM Armenia 150.06 OM Oman 114.85 GE Georgia 103.46 KW Kuwait 93.99 AZ Azerbaijan 82.57 LB Lebanon 82.23 IQ Iraq 77.14 PS Palestine 74.59 SA Saudi Arabia 56.4 TR Türkiye 54.6 IL Israel 54.38
Full table for all countries

About the indicator

The sum of exports and imports of goods and services as a percent of GDP — the standard indicator of the trade openness of an economy. Values above 100% are not an anomaly: they mean that trade turnover exceeds annual GDP, which is typical of trading hubs and of small economies built into supply chains.

Source: World Development Indicators (World Bank), license CC BY 4.0.

Other indicators for Kuwait

Trade Merchandise trade (% of GDP)

Merchandise exports plus imports as a percent of GDP — without services.

Kuwait by year Trade Exports (% of GDP)

How far the economy is oriented toward external markets.

Kuwait by year Trade Imports (% of GDP)

How far the economy depends on supplies from abroad.

Kuwait by year Trade Trade balance

The difference between exports and imports of goods and services. A minus means imports are larger.

Kuwait by year
All indicators for Kuwait