Kuwait Current Account Balance (% GDP) Statistics

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Country or Region: Kuwait › Change country
Economic Indicator: Current Account Balance (% GDP) › See all Kuwait indicators, › See Current Account Balance (% GDP) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Kuwaiti Dinar
Currency Symbol: KWD

Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income. See notes for: Gross domestic product, current prices (National currency) Current account balance (U.S. dollars).

Current Account Balance (% GDP) Statistics for Kuwait , Year 2010 - In Detail

Current Account Balance (% GDP) for Kuwait in year 2010 is 31.765 %

This makes Kuwait No. 3 in world rankings according to Current Account Balance (% GDP) in year 2010. The world's average Current Account Balance (% GDP) value is -2.68 %; Kuwait is 34.45 more than the average.

In the previous year, 2009, Current Account Balance (% GDP) for Kuwait was 26.14 % Current Account Balance (% GDP) for Kuwait in 2010 was or will be 21.54% more than it was or will be in 2009.

In the following or forecasted year, 2011, Current Account Balance (% GDP) for Kuwait was or will be 39.41 %, which is 24.05% more than the 2010 figure.

* Source: IMF
Current Account Balance (% GDP) for Kuwait, in other Years
Year %
  2016 41.796
  2015 39.366
  2014 37.284
  2013 37.1
  2012 39.388
  2011 39.405
2010 31.765
  2009 26.136
  2008 40.495
  2007 36.789
  2006 44.616
  2005 37.211
  2004 26.238
  2003 19.695
  2002 11.183
  2001 23.862
  2000 38.892
  1999 16.811
  1998 8.536
  1997 25.942
  1996 22.567
  1995 18.448
  1994 12.98
  1993 10.426
  1992 -2.27
  1991 -242.188
  1990 20.336
  1989 40.332
  1988 26.416
  1987 21.111
  1986 32.631
  1985 23.033
  1984 32.641
  1983 27.829
  1982 22.578
  1981 54.567
  1980 53.272