Kuwait Current Account Balance (% GDP) Statistics

23, Mar 2019, EDT.

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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: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
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 2015 - In Detail

Current Account Balance (% GDP) for Kuwait in year 2015 is 11.509 %. 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.

This makes Kuwait No. 6 in world rankings according to Current Account Balance (% GDP) in year 2015. The world's average Current Account Balance (% GDP) value is -4.12 %; Kuwait is 15.63 more than the average.

In the previous year, 2014, Current Account Balance (% GDP) for Kuwait was 31.29 % Current Account Balance (% GDP) for Kuwait in 2015 was or will be 63.22% less than it was or will be in 2014.

In the following or forecasted year, 2016, Current Account Balance (% GDP) for Kuwait was or will be -1.01 %, which is 108.78% less than the 2015 figure.

* Source: IMF
Current Account Balance (% GDP) for Kuwait, in other Years
Year %
  2021 5.522
  2020 6.375
  2019 5.811
  2018 4.619
  2017 3.346
  2016 -1.01
2015 11.509
  2014 31.288
  2013 39.52
  2012 45.22
  2011 42.671
  2010 31.813
  2009 26.69
  2008 40.871
  2007 36.789
  2006 44.616
  2005 37.211
  2004 26.238
  2003 19.695
  2002 11.183
  2001 23.868
  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