Kuwait Current Account to GDP  1980-2016 | Data | Chart | Calendar

Kuwait recorded a Current Account surplus of 11.50 percent of the country's Gross Domestic Product in 2015. Current Account to GDP in Kuwait averaged 20.39 percent from 1980 until 2015, 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 1222.30 402.00 7065.90 25.30 KWD Million [+]
Exports 3573.50 2714.00 8855.40 647.50 KWD Million [+]
Imports 2351.20 2304.00 2483.00 440.00 KWD Million [+]
Current Account -53.00 620.00 18142.00 -53.00 KWD Million [+]
Current Account to GDP 11.50 31.30 54.57 -242.19 percent [+]
Capital Flows -2189.00 -15448.00 920.00 -22336.00 KWD Million [+]
Remittances 5325.00 4170.00 5325.00 371.00 KWD Million [+]
Tourist Arrivals 6528.00 6217.00 8599.00 3899.00 Thousand [+]
Gold Reserves 78.96 78.96 80.51 78.72 Tonnes [+]
Crude Oil Production 3000.00 2970.00 3768.00 0.00 BBL/D/1K [+]
Terrorism Index 4.45 0.02 4.45 0.00 [+]
Tourism Revenues 12280.00 10567.00 12280.00 2514.00 USD Million [+]
Foreign Direct Investment -2.00 3.00 721.00 -2.00 KWD Million [+]



Kuwait Current Account to GDP Notes

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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
11.50 31.30 54.57 -242.19 1980 - 2015 percent Yearly



Last
Macau 38.00 Dec/14
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Switzerland 11.00 Dec/15
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Bulgaria 1.20 Dec/15
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Iran 0.41 Dec/15
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Algeria 0.30 Dec/14
Slovakia 0.30 Dec/15
Uzbekistan 0.30 Dec/15
Cuba 0.10 Dec/15
Finland 0.00 Dec/15
Poland -0.20 Dec/15
Ukraine -0.20 Dec/15
Guatemala -0.30 Dec/15
Trinidad and Tobago -0.40 Dec/15
Ecuador -0.60 Dec/14
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Bangladesh -0.80 Dec/15
Iraq -0.80 Dec/14
Argentina -0.90 Dec/14
Romania -1.00 Dec/15
Eritrea -1.20 Dec/15
Pakistan -1.20 Jun/16
India -1.25 Dec/15
France -1.40 Dec/15
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Paraguay -1.70 Dec/15
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Dominican Republic -1.90 Dec/15
Latvia -1.90 Dec/15
Indonesia -2.06 Dec/15
Chile -2.10 Dec/15
Jamaica -2.30 Dec/15
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Lithuania -2.50 Dec/15
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Armenia -2.70 Dec/15
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Brazil -3.32 Dec/15
Egypt -3.40 Dec/15
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Belarus -3.80 Dec/15
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Congo -4.10 Dec/15
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Cape Verde -4.30 Dec/15
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South Africa -4.40 Dec/15
Burkina Faso -4.50 Dec/15
Burundi -4.50 Dec/15
Turkey -4.50 Dec/15
Yemen -4.50 Dec/13
Australia -4.60 Dec/15
Guyana -4.60 Dec/15
Cyprus -4.80 Dec/15
Mongolia -4.80 Dec/15
Serbia -4.80 Dec/15
Mauritius -4.90 Dec/15
United Kingdom -5.20 Dec/15
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Ethiopia -5.90 Dec/15
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Morocco -6.10 Dec/15
Honduras -6.40 Dec/15
Bolivia -6.50 Dec/15
Colombia -6.50 Dec/15
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Sudan -6.50 Dec/15
Equatorial Guinea -7.10 Dec/15
Fiji -7.20 Dec/14
Moldova -7.20 Dec/15
Ghana -7.50 Dec/15
Kosovo -7.60 Dec/14
Tunisia -7.60 Dec/15
Gabon -8.10 Dec/15
Namibia -8.10 Dec/15
Senegal -8.10 Dec/15
Comoros -8.20 Dec/14
Nicaragua -8.20 Dec/15
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Lesotho -8.40 Dec/15
Maldives -8.80 Dec/15
Myanmar -8.90 Dec/15
Jordan -9.00 Dec/15
Tanzania -9.10 Dec/15
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Palestine -10.90 Dec/14
Togo -11.20 Dec/15
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Central African Republic -11.50 Dec/15
Georgia -11.80 Dec/15
Turkmenistan -11.80 Dec/15
Rwanda -12.30 Dec/15
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Republic of the Congo -14.50 Dec/15
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Benin -15.10 Dec/15
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