Kuwait recorded a Current Account surplus of 28.20 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Kuwait averaged 18.71 percent of GDP from 1981 until 2024, reaching an all time high of 54.60 percent of GDP in 1981 and a record low of -242.20 percent of GDP in 1991. source: International Monetary Fund

Current Account to GDP in Kuwait is expected to reach 25.10 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kuwait Current Account to GDP is projected to trend around 21.00 percent of GDP in 2026 and 19.00 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Balance of Trade 2549.20 2326.30 KWD Million Mar 2025
Capital Flows 15322.00 15580.00 KWD Million Dec 2024
Current Account 3893.10 3070.80 KWD Million Mar 2025
Current Account to GDP 28.20 31.40 percent of GDP Dec 2024
Exports 5665.70 5568.50 KWD Million Mar 2025
Foreign Direct Investment 7.80 2.20 KWD Million Mar 2025
Imports 3116.50 3242.20 KWD Million Mar 2025
Remittances 1212.70 1164.20 KWD Million Mar 2025



Kuwait Current Account to GDP
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.
Actual Previous Highest Lowest Dates Unit Frequency
28.20 31.40 54.60 -242.20 1981 - 2024 percent of GDP Yearly