Kuwait Current Account to GDP  1980-2017 | Data | Chart | Calendar

Kuwait recorded a Current Account surplus of 2.71 percent of the country's Gross Domestic Product in 2016. Current Account to GDP in Kuwait averaged 19.82 percent from 1980 until 2016, reaching an all time high of 54.57 percent in 1981 and a record low of -242.19 percent in 1991.

Kuwait Current Account to GDP
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Kuwait Trade Last Previous Highest Lowest Unit
Balance of Trade 1625.00 1693.00 7065.90 25.30 KWD Million [+]
Exports 4165.00 4118.00 8855.40 647.50 KWD Million [+]
Imports 2539.00 2424.00 2539.00 440.00 KWD Million [+]
Current Account 269.00 626.00 18142.00 -908.00 KWD Million [+]
Current Account to GDP 2.71 5.24 54.57 -242.19 percent [+]
Capital Flows -2189.00 -15448.00 920.00 -22336.00 KWD Million [+]
Remittances 4492.00 5325.00 5325.00 371.00 KWD Million [+]
Tourist Arrivals 6941.00 6528.00 8599.00 3899.00 Thousand [+]
Gold Reserves 78.96 78.96 80.51 78.72 Tonnes [+]
Crude Oil Production 2700.00 2700.00 3768.00 0.00 BBL/D/1K [+]
Terrorism Index 4.45 0.02 4.45 0.00 [+]
Tourism Revenues 13148.00 12280.00 13148.00 2514.00 USD Million [+]
Foreign Direct Investment -5.00 44.00 721.00 -19.00 KWD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Kuwait Current Account to GDP

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Kuwait Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kuwait Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.71 5.24 54.57 -242.19 1980 - 2016 percent Yearly




current account to GDP by Country
Country Last
Switzerland 11.00 Dec/16
Netherlands 8.40 Dec/16
Germany 8.30 Dec/16
South Korea 7.00 Dec/16
Japan 3.70 Dec/16
Euro Area 3.30 Dec/16
Italy 2.60 Dec/16
Spain 2.20 Dec/16
China 1.80 Dec/16
Russia 1.80 Dec/16
India -0.70 Dec/16
France -0.90 Dec/16
Brazil -1.30 Dec/16
Indonesia -1.80 Dec/16
United States -2.60 Dec/16
Australia -2.70 Dec/16
Mexico -2.70 Dec/16
Canada -3.30 Dec/16
Turkey -3.80 Dec/16
United Kingdom -4.40 Dec/16