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

Kuwait recorded a Current Account surplus of 31 percent of the country's Gross Domestic Product in 2014. Current Account to GDP in Kuwait averaged 20.68 percent from 1980 until 2014, 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
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Actual Previous Highest Lowest Dates Unit Frequency
31.00 41.20 54.57 -242.19 1980 - 2014 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. Kuwait Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on February of 2016.


Kuwait Trade Last Previous Highest Lowest Unit
Balance of Trade 1836.10 2386.90 7065.90 25.30 KWD Million [+]
Exports 4170.70 4842.40 8855.40 647.50 KWD Million [+]
Imports 2334.70 2441.60 2441.60 440.00 KWD Million [+]
Current Account 1169.00 1307.00 18142.00 675.00 KWD Million [+]
Current Account to GDP 31.00 41.20 54.57 -242.19 percent [+]
Capital Flows -15448.00 -19168.00 920.00 -22336.00 KWD Million [+]
Remittances 5325.00 4170.00 5325.00 371.00 KWD Million [+]
Tourist Arrivals 6217.00 5729.00 6217.00 1443.00 Thousand [+]
Gold Reserves 78.96 78.96 80.51 78.72 Tonnes [+]
Crude Oil Production 2550.00 2550.00 3768.00 0.00 BBL/D/1K [+]
Terrorism Index 0.02 0.04 2.06 0.00 [+]
Foreign Direct Investment 3.00 40.00 721.00 3.00 KWD Million [+]




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