Kuwait Current Account Value and percent from GDP
Kuwait Current Account Data
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | 28.5 % | 2022 |
| Current Account | 4183 KWD Million | 13.528 B USD | 1Q/23 |
Latest data on Current Account to GDP (%)
What is ratio of Kuwait Current Account to GDP?
- The surplus of Current Account to GDP in Kuwait increased to 28.5 % in 2022. The maximum surplus was 54.57 % and deficit was -242 %
- Data published Yearly by Central Bank.
Historical Data (%) by years
Data
Period
Date
| 28.5 | 2022 | 12.04.2023 |
| 16.1 | 2021 | 29.08.2022 |
| 0.8 | 2020 | 12.04.2021 |
| 8.9 | 2019 | 28.05.2020 |
| 12.7 | 2018 | 03.05.2019 |
| 5.9 | 2017 | 14.11.2018 |
| 2.71 | 2016 | 11.08.2017 |
| 5.24 | 2015 | 31.12.2015 |
Historical Chart by prime ministers (%)
Current Account to GDP in Kuwait by prime ministers
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Jaber Al-Mubarak | 30.11.2011 - | 2.7100 | 1.9700 | 2.7100 | 1.9700 | -27.31% |
Latest data on Current Account (KWD Million)
What is Kuwait Current Account Deficit?
- The surplus of Current Account in Kuwait decreased to 4183 KWD Million (13.528 B USD) in the first quarter of 2023. The maximum value was 18142 KWD Million and minimum was -908 KWD Million.
- Data published Quarterly by Central Bank.
Historical Data (KWD Million) by years
Data
Period
Date
| 4183 | 1Q/23 | 17.07.2023 |
| 4674 | 4Q/22 | 18.05.2023 |
| 5736 | 2Q/22 | 24.04.2023 |
| 3959 | 1Q/22 | 18.10.2022 |
| 4041 | 4Q/21 | 29.08.2022 |
| 1599 | 1Q/21 | 26.10.2021 |
| 3456 | 4Q/20 | 28.07.2021 |
| 2475 | 3Q/20 | 12.04.2021 |
Historical Chart by prime ministers (KWD Million)
Current Account in Kuwait by prime ministers
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Jaber Al-Mubarak | 30.11.2011 - | 714.0000 | 1108.0000 | 1108.0000 | 269.0000 | 55.18% |
Other trade indicators in Kuwait
| Index | Updated | Actual | Previous |
| Balance of Trade | 1Q/23 | 11.766 B USD | 12.364 |
| Capital Flows | 2022 | -64.12 B USD | -39.104 |
| Exports | 1Q/23 | 21.358 B USD | 21.95 |
| Foreign Exchange Reserves | 2023 | 137.629 B USD | 137.791 |
| Imports | 1Q/23 | 9.592 B USD | 9.586 |
| Tourist Arrivals | 2020 | 2.161 Million Persons | 8.565 |
Current Account to GDP in other countries
| Country | Updated | Actual | Previous |
| Bangladesh | 2022 | -4.1 % | -1.1 |
| Jordan | 2022 | -6.7 % | -8.8 |
| Kyrgyzstan | 2022 | -26.8 % | -8.5 |
| Mongolia | 2022 | -15.8 % | -12.8 |
| Nepal | 2022 | -12.8 % | -7.8 |
| Palestine | 2022 | -15 % | -9.8 |
| Tajikistan | 2022 | 6.2 % | 8.2 |
| Cambodia | 2022 | -26.9 % | -47.9 |
| China | 2022 | 2.2 % | 1.8 |
| Georgia | 2022 | -3.1 % | -10.4 |
| India | 2022 | -2.6 % | -1.2 |
| Israel | 2022 | 2.5 % | 4.7 |
| Pakistan | 2023 | -0.7 % | -4.7 |
| South Korea | 2022 | 3.2 % | 4.9 |
| Taiwan | 2022 | 14.8 % | 14.8 |
| Vietnam | 2022 | -0.9 % | -2.1 |
| Maldives | 2022 | -16.6 % | -8.4 |
| Armenia | 2022 | 0.1 % | -3.7 |
| Hong Kong | 2022 | 10.7 % | 11.8 |
| Indonesia | 2022 | 1 % | 0.3 |
| Japan | 2022 | 1.9 % | 3.9 |
| Kazakhstan | 2022 | 3 % | -2.9 |
| Lebanon | 2021 | -12.9 % | -9.4 |
| Macau | 2022 | -2.4 % | 13.8 |
| Malaysia | 2022 | 2.6 % | 3.8 |
| Philippines | 2022 | -4.4 % | -1.5 |
| Qatar | 2022 | 26 % | 14.7 |
| Singapore | 2022 | 19.3 % | 18 |
| Sri Lanka | 2022 | -1.9 % | -3.8 |
| Thailand | 2022 | -0.5 % | -2.2 |
| Oman | 2022 | 3.2 % | -4.9 |
| Iran | 2022 | 4.7 % | 3.9 |
| Laos | 2022 | -0.07 % | 2.35 |
| Azerbaijan | 2022 | 30.5 % | 15.2 |
| Kuwait | 2022 | 28.5 % | 23.7 |
| Saudi Arabia | 2022 | 13.8 % | 5.1 |
| Bahrain | 2022 | 15.4 % | 6.6 |
| United Arab Emirates | 2022 | 11.7 % | 11.6 |
| Yemen | 2018 | -0.01 % | -0.1 |
| Turkmenistan | 2022 | 5.7 % | 6.5 |
| Uzbekistan | 2022 | 1.4 % | -7 |
| Iraq | 2022 | 16.3 % | 7.8 |
| Syria | 2010 | -0.62 % | -2.15 |
| Afghanistan | 2020 | -17.3 % | -2.7 |
| Bhutan | 2022 | -33.8 % | -12.4 |
| Brunei | 2022 | 11.2 % | 4.6 |
| Mauritius | 2021 | -13.8 % | -11.7 |
