Kuwait Current Account to GDP 1980-2014 | Data | Chart | Calendar

Kuwait recorded a Current Account surplus of 38.80 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Kuwait averaged 20.20 Percent from 1980 until 2013, reaching an all time high of 54.57 Percent in 1981 and a record low of -242.19 Percent in 1991. Current Account to GDP in Kuwait is reported by the Central Bank of Kuwait.

   
 
 

Kuwait Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
38.80 43.23 54.57 -242.19 1980 - 2013 Percent Yearly
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. Content for - Kuwait Current Account to GDP - was last refreshed on Monday, October 20, 2014.

Kuwait Trade Last Previous Highest Lowest Unit
Balance of Trade 5783.90 5996.70 7065.90 25.30 KWD Million [+]
Exports 7926.40 8160.30 8855.40 647.50 KWD Million [+]
Imports 2142.60 2163.50 2163.50 440.00 KWD Million [+]
Current Account 5150.00 5381.00 18142.00 675.00 KWD Million [+]
Current Account to GDP 38.80 43.23 54.57 -242.19 Percent [+]
Remittances 4393.00 4405.00 4405.00 371.00 KWD Million [+]
Capital Flows -9338.00 -7293.00 920.00 -14165.00 KWD Million [+]
Tourist Arrivals 5729.00 5574.00 5729.00 1443.00 Thousand [+]
Gold Reserves 78.96 78.96 80.51 78.72 Tonnes [+]
Crude Oil Production 2650.00 2650.00 3768.00 0.00 BBL/D/1K [+]