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Kuwait Taxes on international trade (current LCU) 1998: Interactive Chart & Historical Data

Taxes on international trade (current LCU) in Kuwait stood at 83 million in 1998, according to World Bank. The latest value is unchanged from 83 million in 1997. Ten years earlier, in 1988, the value was 55 million (up 51% since). The highest value since 1972 was 87 million in 1982, the lowest 6 million in 1991. Kuwait ranked 68th highest of the 83 countries in this dataset in 1998; Iran ranked first.

Data source: World Bank · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1972–1998
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What is Taxes on international trade (current LCU)?

Taxes on international trade (current LCU) captures Kuwait's cross-border flows of goods and services, revealing the country's competitive position in global markets, trade relationships, and exposure to external economic shocks. Trade data encompasses exports (goods and services sold to other countries), imports (purchases from abroad), and the resulting balance (surplus when exports exceed imports, deficit when the reverse occurs). In Kuwait, Taxes on international trade (current LCU) reflects comparative advantages — sectors where the country produces efficiently relative to trading partners — as well as exchange rate effects and global demand patterns. Persistent trade deficits may indicate domestic consumption exceeding production, while surpluses suggest strong export competitiveness. Trade relationships also create supply chain dependencies; disruptions in partner countries can affect Kuwait's industries that rely on imported components or foreign markets for their products.

Key facts

What is the latest Taxes on international trade (current LCU) in Kuwait?

Taxes on international trade (current LCU) in Kuwait stood at 83 million in 1998, according to World Bank.

Is Taxes on international trade (current LCU) in Kuwait rising or falling?

The latest value is unchanged from 83 million in 1997. Ten years earlier, in 1988, the value was 55 million (up 51% since).

How does Kuwait rank for Taxes on international trade (current LCU)?

Kuwait ranked 68th highest of the 83 countries in this dataset in 1998; Iran ranked first.

What is the highest Taxes on international trade (current LCU) on record in Kuwait?

The highest value since 1972 was 87 million in 1982, the lowest 6 million in 1991.

Metadata for Taxes on international trade (current LCU) in Kuwait
IndicatorTaxes on international trade (current LCU)
CountryKuwait
CategoryMacroeconomics
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

Last available value: 83 million (1998)

Latest data for Kuwait: 1998. Other countries in this series have data up to 2024.

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Source:World Bank — series GC.TAX.INTT.CN
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Taxes on international trade (current LCU) — Kuwait [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-gc-tax-intt-cn/KWT. Original source: https://data.worldbank.org/indicator/GC.TAX.INTT.CN

MLA

World Bank. "Taxes on international trade (current LCU) — Kuwait." EconDash, 2026, https://econdash.org/chart/wdi-gc-tax-intt-cn/KWT. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/GC.TAX.INTT.CN.

Chicago

World Bank. 2026. "Taxes on international trade (current LCU) — Kuwait." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-gc-tax-intt-cn/KWT. Original source: https://data.worldbank.org/indicator/GC.TAX.INTT.CN.

BibTeX
@misc{econdash_wdi_gc_tax_intt_cn_kwt,
  author = {{World Bank}},
  title = {{Taxes on international trade (current LCU) --- Kuwait}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-gc-tax-intt-cn/KWT},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/GC.TAX.INTT.CN}
}