Services, Debit/Expenditure in Kuwait

Kuwait: Services, Debit/Expenditure was 28.08 billion in 2024. β–² Rising

Latest (2024)
28.08 billion
Change on year
down 7.6%
World rank
43rd
of 198 countries
All-time high
36.84 billion
in 2018
All-time low
8.71 billion
in 2005
Years of data
20
2005–2024

Services, Debit/Expenditure in Kuwait, 2005–2024

10.0B20.0B30.0B40.0B2005201420242005: 8.7B2006: 10.6B2007: 13.3B2008: 15.8B2009: 13.7B2010: 15.8B2011: 19.0B2012: 21.1B2013: 21.0B2014: 23.8B2015: 23.8B2016: 26.3B2017: 28.2B2018: 36.8B2019: 30.2B2020: 19.2B2021: 21.1B2022: 27.5B2023: 30.4B2024: 28.1B

Source: International Monetary Fund.

Analysis

Kuwait recorded 28.08 billion for services, debit/expenditure in 2024.

That represents a change of down 7.6% on the previous year and up 18.0% over ten years.

Over the whole period, services, debit/expenditure in Kuwait peaked at 36.84 billion in 2018 and was at its lowest, 8.71 billion, in 2005.

Kuwait ranks 43rd of 198 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 20 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 12.44 billion 8.71 billion 15.78 billion 5
2010s 24.61 billion 15.78 billion 36.84 billion 10
2020s 25.26 billion 19.18 billion 30.40 billion 5

Countries ranked near Kuwait

  1. 40 Greece 31.14 billion compare
  2. 41 Iraq 30.22 billion compare
  3. 42 Romania 30.21 billion compare
  4. 44 Hungary 27.94 billion compare
  5. 45 Portugal 27.92 billion compare
  6. 46 Egypt, Arab Republic of 27.49 billion compare

See the full ranking of 207 places β†’

More trade data for Kuwait

All data for Kuwait β†’

Frequently asked questions

What is services, debit/expenditure in Kuwait?
Services, debit/expenditure in Kuwait was 28.08 billion in 2024, according to International Monetary Fund.
What is the highest services, debit/expenditure recorded in Kuwait?
The highest recorded value was 36.84 billion in 2018.
What is the lowest services, debit/expenditure recorded in Kuwait?
The lowest recorded value was 8.71 billion in 2005.
How does Kuwait rank for services, debit/expenditure?
Kuwait ranks 43rd out of 198 countries with data for 2024.
Is services, debit/expenditure rising or falling in Kuwait?
Over the last ten years it is up 18.0%. The long-run trend across the full record is rising.
Where does this Kuwait data come from?
The figures come from International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.

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Services, Debit/Expenditure in Kuwait. Statizoid, drawing on International Monetary Fund. Retrieved 18 August 2026, from https://trade.statizoid.com/stat/services-debit-expenditure-us-dollar/kuwait/

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About this data

Indicator
Services, Debit/Expenditure (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,864 data points, 2005–2024
Last refreshed

The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.