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Kuwait Services Value Added

Services value added as % of GDP  NV.SRV.TOTL.ZS

Kuwait's services value added was 47.55% in 2025, ranked 151st globally. This represents a 14.9% decrease from 2024. Data from World Bank, covering 2010–2025.

47.55% −8.30% (-14.9%)
Year 2025 Rank #151 Global Peak 66.96% (2020) Source World Bank

Kuwait Services Value Added (2010–2025)

Overview

Kuwait's services value added stood at 47.55% in 2025, a decline of +8.30% from 2024. Based on recent trends, this figure is projected to reach 47.55% by 2025. Kuwait ranked 151st globally.

Kuwait’s services value added has risen modestly from 47.04 in 2010 to 47.55 in 2025, placing the economy at rank 151 globally. The indicator experienced a sharp peak of 66.96 in 2020, a level far above the recent average, before retreating to a trough of 36.78 in 2012, the lowest point in the 16‑year series. The post‑peak decline reflects the contraction of non‑oil activities after the 2020 oil‑price shock, while the gradual climb since 2012 signals a slow rebalancing toward services. Kuwait’s 2025 figure is close to peer performances such as Togo’s 47.89 and Lesotho’s 48.01, underscoring a convergence with other middle‑rank economies. Continued diversification policies, investment in digital infrastructure, and the expansion of tourism and finance could sustain the upward trajectory, potentially lifting Kuwait’s services contribution above the current plateau in the coming years.

Data & projection

Year Services Value Added YoY change Rank
2027* trend 42.82% - -
2026* trend 45.19% - -
2025* trend 47.55% - -
2025 47.55% −8.30% #151
2024 55.85% +3.78% #80
2023 52.07% +7.25% #75
2022 44.82% −8.67% #42
2021 53.49% −13.47% #86
2020 66.96% +12.36% #155
2019 54.60% +2.85% #81
2018 51.75% −5.04% #64
2017 56.79% −3.92% #101
2016 60.71% +2.27% #127
2015 58.44% +16.27% #111
2014 42.17% +4.03% #26
2013 38.14% +1.36% #14
2012 36.78% −2.05% #14
2011 38.83% −8.21% #21
Show all years (2010-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +11.5% GDP growth 6.6% C/A balance 45.5%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Kuwait matched the Export Boom Cycle pattern in 2012. Historically, 71% of countries showing this pattern (546 out of 768) saw services value added improve within 24 months. View full analysis →

Frequently Asked Questions

What is Kuwait's services value added?▾

Kuwait's services value added was 47.55% in 2025. Ranked 151st globally. This represents a 14.9% decrease from the previous year.

What was the highest services value added in Kuwait?▾

Kuwait's services value added peaked at 66.96% in 2020.

What was the lowest services value added in Kuwait?▾

The lowest services value added in Kuwait was 36.78% in 2012.

How does Kuwait rank in services value added?▾

Kuwait ranks 151st globally in services value added as of 2025.

What is the World Bank indicator code for services value added?▾

The World Bank indicator code is NV.SRV.TOTL.ZS. Data sourced from World Bank.

What is the projected services value added of Kuwait in 2025?▾

Kuwait's services value added is projected to reach 47.55% by 2025 based on trend extrapolation.

What is the services value added of Kuwait in 2025?▾

The services value added of Kuwait in 2025 was 47.55%. This ranks 151st in the world.

Cite this page

APA
Kuwait Services Value Added. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/kuwait/services-value-added/
BibTeX
@misc{historysaid_kuwait_services-value-added, title = {Kuwait Services Value Added}, url = {https://historysaid.com/kuwait/services-value-added/}, publisher = {HistorySaid}, year = {2026} }
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