Kuwait - Merchandise trade (% of GDP)

Merchandise trade (% of GDP) in Kuwait was 64.04 as of 2020. Its highest value over the past 55 years was 103.28 in 1977, while its lowest value was 53.13 in 1991.

Definition: Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current U.S. dollars.

Source: World Trade Organization, and World Bank GDP estimates.

See also:

Year Value
1965 79.19
1966 75.48
1967 79.77
1968 76.98
1969 78.93
1970 80.65
1971 81.41
1972 85.06
1973 89.94
1974 96.25
1975 96.24
1976 100.31
1977 103.28
1978 96.93
1979 95.39
1980 91.46
1981 91.88
1982 88.73
1983 90.45
1984 85.35
1985 77.43
1986 73.17
1987 61.51
1988 66.71
1989 73.10
1990 59.77
1991 53.13
1992 69.65
1993 72.19
1994 72.27
1995 75.67
1996 73.86
1997 74.02
1998 70.06
1999 65.67
2000 70.51
2001 69.00
2002 63.90
2003 66.14
2004 69.37
2005 75.09
2006 72.14
2007 73.32
2008 76.19
2009 69.74
2010 80.28
2011 82.56
2012 83.97
2013 82.91
2014 81.86
2015 74.27
2016 70.46
2017 73.39
2018 78.01
2019 72.00
2020 64.04

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Total merchandise trade