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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 (%)

Current Account to GDP
                     Kuwait - Historical Data (%)

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)

Current Account
                     Kuwait - Historical Data (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