Kuwait Current Account Balance (US Dollars) Statistics

19, Nov 2019, EST.

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Country or Region: Kuwait › Change country
Economic Indicator: Current Account Balance (US Dollars) › See all Kuwait indicators, › See Current Account Balance (US Dollars) 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. Source: Central Bank Latest actual data: 2014. Preliminary data for 2012 BOP Manual used: Balance of Payments Manual, fifth edition (BPM5) Primary domestic currency: Kuwaiti dinar Data last updated: 03/2016

Current Account Balance (US Dollars) Statistics for Kuwait , Year 2015 - In Detail

Current Account Balance (US Dollars) for Kuwait in year 2015 is US$ 13.89 Billion. 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. 16 in world rankings according to Current Account Balance (US Dollars) in year 2015. The world's average Current Account Balance (US Dollars) value is US$ 7.04 Billion; Kuwait is US$ 6.85 more than the average.

In the previous year, 2014, Current Account Balance (US Dollars) for Kuwait was US$ 53.80 Billion Current Account Balance (US Dollars) for Kuwait in 2015 was or will be 74.18% less than it was or will be in 2014.

In the following or forecasted year, 2016, Current Account Balance (US Dollars) for Kuwait was or will be US$-1.07 Billion, which is 107.72% less than the 2015 figure.

* Source: IMF
Current Account Balance (US Dollars) for Kuwait, in other Years
Year US$ Billion
  2021 9.136
  2020 9.843
  2019 8.321
  2018 6.064
  2017 4.012
  2016 -1.073
2015 13.89
  2014 53.802
  2013 69.491
  2012 78.711
  2011 65.72
  2010 36.713
  2009 28.29
  2008 60.245
  2007 42.188
  2006 45.311
  2005 30.069
  2004 15.596
  2003 9.423
  2002 4.265
  2001 8.327
  2000 14.67
  1999 5.064
  1998 2.215
  1997 7.873
  1996 7.107
  1995 5.016
  1994 3.219
  1993 2.502
  1992 -0.451
  1991 -26.22
  1990 3.72
  1989 9.621
  1988 5.093
  1987 4.395
  1986 5.67
  1985 4.961
  1984 7.004
  1983 5.654
  1982 4.873
  1981 13.778
  1980 15.302