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