Kuwait - 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

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments