Kuwait Current Account - Forecast

Current Account in Kuwait is expected to be 2097.88 KWD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Kuwait to stand at 1726.23 in 12 months time. In the long-term, the Kuwait Current Account is projected to trend around 1678.40 KWD Million in 2020, according to our econometric models.


Kuwait Current Account
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Kuwait Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade 2310 2160 2096 2131 2108 1867
Exports 4936 4847 4848 4862 4864 4861
Imports 2626 2687 2711 2730 2756 2994
Current Account 1108 2098 2033 1888 1726 1678
Current Account to GDP 1.97 5.7 5.7 7.2 7.2 9.8
Capital Flows -1645 -2667 -1437 -1414 -1390 -3614
Tourist Arrivals 7055 6725 6700 6650 6600 6100
Gold Reserves 79 78.97 78.97 78.97 78.97 78.97
Crude Oil Production 2707 2707 2708 2708 2708 2708
Terrorism Index 3.8 2.86 2.73 2.33 1.93 0
Tourism Revenues 831 832 833 833 833 833
Foreign Direct Investment 8 36.56 24.34 35.78 29.56 37.72