Current account balance — all countries

Current account balance — Kuwait

Current account balance in Kuwait in 2031 — 14.3%. Ranked 10 in the world out of 188. Since 1981, the indicator has fallen by 40.3 pp.

2031 14.3% −1.8 pp vs 2030
World rank 10of 188
Period maximum 54.6%1981
Period minimum -243%1991

Trend over time

1981–2031 · % of GDP

Current account balance — Kuwait, 1981–2031-300-200-1000100198119861991199620012006201120162021202620311981: 54.6%1982: 22.6%1983: 27.1%1984: 32.3%1985: 23.1%1986: 31.7%1987: 19.6%1988: 24.6%1989: 39.6%1990: 20.4%1991: -243%1992: -2.3%1993: 10.4%1994: 12.9%1995: 18.5%1996: 22.6%1997: 25.9%1998: 8.5%1999: 16.8%2000: 38.9%2001: 23.9%2002: 11.2%2003: 19.7%2004: 26.2%2005: 37.2%2006: 44.6%2007: 36%2008: 40.9%2009: 26.7%2010: 32%2011: 42.9%2012: 45.5%2013: 40.3%2014: 33.4%2015: 3.5%2016: -4.6%2017: 8%2018: 14.3%2019: 12.7%2020: 4.4%2021: 25.2%2022: 34.4%2023: 31.1%2024: 29%2025: 23.3%2026: 26%2027: 21.8%2028: 19.4%2029: 17.7%2030: 16.1%2031: 14.3%
Change over the period: −40.3 pp Annual average: -0.81 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Kuwait

Kuwait 14.3%
World computed 0.28%
Western Asia computed 0.8%
High-income countries computed 0.13%
Current account balance — Kuwait, by year Kuwait All countries CSV XLSX
Year % Change, pp
2031 14.3 −1.8 pp
2030 16.1 −1.6 pp
2029 17.7 −1.7 pp
2028 19.4 −2.4 pp
2027 21.8 −4.2 pp
2026 26 +2.7 pp
2025 23.3 −5.7 pp
2024 29 −2.1 pp
2023 31.1 −3.3 pp
2022 34.4 +9.2 pp
2021 25.2 +20.8 pp
2020 4.4 −8.3 pp
2019 12.7 −1.6 pp
2018 14.3 +6.3 pp
2017 8 +12.6 pp
2016 -4.6 −8.1 pp
2015 3.5 −29.9 pp
2014 33.4 −6.9 pp
2013 40.3 −5.2 pp
2012 45.5 +2.6 pp
2011 42.9 +10.9 pp
2010 32 +5.3 pp
2009 26.7 −14.2 pp
2008 40.9 +4.9 pp
2007 36 −8.6 pp
2006 44.6 +7.4 pp
2005 37.2 +11 pp
2004 26.2 +6.5 pp
2003 19.7 +8.5 pp
2002 11.2 −12.7 pp
2001 23.9 −15 pp
2000 38.9 +22.1 pp
1999 16.8 +8.3 pp
1998 8.5 −17.4 pp
1997 25.9 +3.3 pp
1996 22.6 +4.1 pp
1995 18.5 +5.6 pp
1994 12.9 +2.5 pp
1993 10.4 +12.7 pp
1992 -2.3 +240.7 pp
1991 -243 −263.4 pp
1990 20.4 −19.2 pp
1989 39.6 +15 pp
1988 24.6 +5 pp
1987 19.6 −12.1 pp
1986 31.7 +8.6 pp
1985 23.1 −9.2 pp
1984 32.3 +5.2 pp
1983 27.1 +4.5 pp
1982 22.6 −32 pp
1981 54.6

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

Source: World Economic Outlook (IMF), license IMF open data.