Kuwait recorded a Current Account surplus of 1599 KWD Million in the first quarter of 2021. source: Central Bank of Kuwait

Current Account in Kuwait averaged 3560.66 KWD Million from 1993 until 2021, reaching an all time high of 18142 KWD Million in the fourth quarter of 2011 and a record low of -908 KWD Million in the first quarter of 2016. This page provides - Kuwait Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kuwait Current Account - values, historical data and charts - was last updated on June of 2022.

Current Account in Kuwait is expected to be 3425.13 KWD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kuwait Current Account is projected to trend around 2942.50 KWD Million in 2022 and 3064.47 KWD Million in 2023, according to our econometric models.

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Kuwait Current Account

Related Last Previous Unit Reference
Balance of Trade 3510.00 1647.00 KWD Million Dec 2021
Current Account 1599.00 3648.00 KWD Million Mar 2021
Current Account to GDP 0.80 16.40 percent of GDP Dec 2020
Imports 2550.00 2270.00 KWD Million Dec 2021
Exports 6060.00 3921.00 KWD Million Dec 2021
Capital Flows -5562.00 -7469.00 KWD Million Dec 2020
Remittances 1376.00 1400.00 KWD Million Sep 2021
Foreign Direct Investment 3.10 -137.90 KWD Million Mar 2021

Kuwait Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).
Actual Previous Highest Lowest Dates Unit Frequency
1599.00 3648.00 18142.00 -908.00 1993 - 2021 KWD Million Quarterly