Kuwait - Current account balance

Current account balance (BoP, current US$)

The latest value for Current account balance (BoP, current US$) in Kuwait was $22,029,710,000 as of 2020. Over the past 45 years, the value for this indicator has fluctuated between $79,122,070,000 in 2012 and ($26,478,480,000) in 1991.

Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1975 $5,930,373,000
1976 $6,929,163,000
1977 $4,560,904,000
1978 $6,129,733,000
1979 $14,032,110,000
1980 $15,301,660,000
1981 $13,698,710,000
1982 $4,963,339,000
1983 $5,310,888,000
1984 $6,427,709,000
1985 $4,797,953,000
1986 $5,616,070,000
1987 $4,561,061,000
1988 $4,601,668,000
1989 $9,136,106,000
1990 $3,886,221,000
1991 ($26,478,480,000)
1992 ($450,169,800)
1993 $2,498,686,000
1994 $3,243,109,000
1995 $5,015,954,000
1996 $7,107,345,000
1997 $7,934,759,000
1998 $2,214,889,000
1999 $5,009,614,000
2000 $14,672,130,000
2001 $8,323,615,000
2002 $4,264,690,000
2003 $9,424,132,000
2004 $15,507,970,000
2005 $30,070,550,000
2006 $45,311,770,000
2007 $41,330,130,000
2008 $60,239,350,000
2009 $28,972,200,000
2010 $36,989,240,000
2011 $66,145,830,000
2012 $79,122,070,000
2013 $69,492,790,000
2014 $53,965,920,000
2015 $8,584,242,000
2016 $641,706,000
2017 $7,757,169,000
2018 $24,049,120,000
2019 $30,254,860,000
2020 $22,029,710,000

Current account balance (% of GDP)

Current account balance (% of GDP) in Kuwait was 20.79 as of 2020. Its highest value over the past 45 years was 56.70 in 1979, while its lowest value was -240.52 in 1991.

Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1975 49.32
1976 52.77
1977 32.27
1978 39.54
1979 56.70
1980 53.43
1981 54.67
1982 23.00
1983 25.45
1984 29.62
1985 22.38
1986 31.37
1987 20.39
1988 22.24
1989 37.58
1990 21.09
1991 -240.52
1992 -2.27
1993 10.44
1994 13.05
1995 18.45
1996 22.57
1997 26.14
1998 8.54
1999 16.63
2000 38.90
2001 23.86
2002 11.18
2003 19.68
2004 26.09
2005 37.22
2006 44.62
2007 36.05
2008 40.87
2009 27.34
2010 32.05
2011 42.93
2012 45.45
2013 39.90
2014 33.18
2015 7.49
2016 0.59
2017 6.43
2018 17.40
2019 22.21
2020 20.79

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments