Kuwait Current Account Balance

2012 - 2020 | Quarterly | USD mn | CEIC Data

Kuwait Current Account recorded a surplus of 351.1 USD mn in Jun 2020, compared with a surplus of 721.9 USD mn in the previous quarter. Kuwait Current Account Balance: USD mn data is updated quarterly, available from Mar 2012 to Jun 2020, with an averaged value of 6.6 USD bn. The data reached an all-time high of 21.1 USD bn in Mar 2012 and a record low of -3.0 USD bn in Mar 2016. CEIC converts quarterly Current Account Balance into USD. The Central Bank of Kuwait provides Current Account Balance in local currency. The Central Bank of Kuwait average market exchange rate is used for currency conversions. Foreign Direct Investment (FDI) increased by 68.4 USD mn in Jun 2020. Kuwait Direct Investment Abroad expanded by 365.4 USD mn in Jun 2020. Its Foreign Portfolio Investment increased by 72.0 USD mn in Jun 2020. The country's Nominal GDP was reported at 30.1 USD bn in Mar 2020.

View Kuwait's Current Account Balance from Mar 2012 to Jun 2020 in the chart:

Kuwait Current Account Balance

What was Kuwait's Current Account Balance in Jun 2020?

Last Previous Min Max Unit Frequency Range
351.1 Jun 2020 721.9 Mar 2020 -3,012.1 Mar 2016 21,073.4 Mar 2012 USD mn quarterly Mar 2012 - Jun 2020

Current Account Balance by Country Comparison

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Includes Current Account Balance on 116 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (USD mn) -226.3 Sep 2020 quarterly Mar 1993 - Sep 2020
Algeria (USD mn) -2,970.0 Dec 2019 quarterly Mar 2007 - Dec 2019
Argentina (USD mn) -1,371.7 Dec 2020 quarterly Mar 1976 - Dec 2020
Armenia (USD mn) -70.0 Sep 2020 quarterly Mar 1993 - Sep 2020
Australia (USD mn) 10,607.2 Dec 2020 quarterly Sep 1959 - Dec 2020
Austria (USD mn) 1,910.5 Dec 2020 quarterly Mar 1970 - Dec 2020
Azerbaijan (USD mn) -806.5 Sep 2020 quarterly Mar 2013 - Sep 2020
Bahrain (USD mn) -713.7 Sep 2020 quarterly Mar 2018 - Sep 2020
Bangladesh (USD mn) 65.5 Dec 2020 monthly Jul 1997 - Dec 2020
Belarus (USD mn) 297.2 Dec 2020 quarterly Mar 1996 - Dec 2020
Belgium (USD mn) -386.5 Sep 2020 monthly Jan 1995 - Sep 2020
Bolivia (USD mn) 11.9 Dec 2020 quarterly Mar 1988 - Dec 2020
Bosnia and Herzegovina (USD mn) -230.6 Sep 2020 quarterly Mar 2001 - Sep 2020
Botswana (USD mn) -332.4 Sep 2020 quarterly Mar 2004 - Sep 2020
Brazil (USD mn) -7,253.2 Jan 2021 monthly Jan 1995 - Jan 2021
Brunei (USD mn) 11.2 Dec 2019 quarterly Mar 2001 - Dec 2019
Bulgaria (USD mn) 103.5 Jan 2021 monthly Jan 1996 - Jan 2021
Cambodia (USD mn) -1,954.0 Dec 2020 quarterly Mar 1994 - Dec 2020
Canada (USD mn) -5,571.1 Dec 2020 quarterly Mar 1957 - Dec 2020
Chile (USD mn) -25.3 Sep 2020 quarterly Mar 2003 - Sep 2020
China (USD mn) 130,200.0 Dec 2020 quarterly Mar 1998 - Dec 2020
Colombia (USD mn) -3,114.2 Dec 2020 quarterly Mar 1996 - Dec 2020
Croatia (USD mn) -446.5 Dec 2020 quarterly Mar 1993 - Dec 2020
Cyprus (USD mn) -952.9 Dec 2020 quarterly Mar 2001 - Dec 2020
Czech Republic (USD mn) 1,334.1 Jan 2021 monthly Jan 2003 - Jan 2021
Denmark (USD mn) 2,164.0 Feb 2021 monthly Jan 2005 - Feb 2021
Ecuador (USD mn) 1,213.6 Sep 2020 quarterly Mar 1993 - Sep 2020
Egypt (USD mn) -2,784.9 Sep 2020 quarterly Dec 1993 - Sep 2020
Estonia (USD mn) -20.5 Jan 2021 monthly Jan 1999 - Jan 2021
European Union (USD mn) 148,628.3 Dec 2020 quarterly Mar 1999 - Dec 2020
Finland (USD mn) 451.1 Feb 2021 monthly Jan 1980 - Feb 2021
France (USD mn) -3,171.0 Feb 2021 monthly Jan 1999 - Feb 2021
Georgia (USD mn) -560.4 Sep 2020 quarterly Mar 1995 - Sep 2020
Germany (USD mn) 30,687.7 Dec 2020 monthly Jan 1991 - Dec 2020
Ghana (USD mn) -709.3 Sep 2020 quarterly Mar 2005 - Sep 2020
Greece (USD mn) -530.6 Jan 2021 monthly Jan 2000 - Jan 2021
Hong Kong SAR, China (USD mn) 3,984.9 Dec 2020 quarterly Mar 1999 - Dec 2020
Hungary (USD mn) 149.3 Dec 2020 quarterly Dec 1989 - Dec 2020
Iceland (USD mn) 164.3 Dec 2020 quarterly Mar 1976 - Dec 2020
India (USD mn) -1,723.6 Dec 2020 quarterly Jun 1949 - Dec 2020
Indonesia (USD mn) 795.5 Dec 2020 quarterly Mar 1981 - Dec 2020
Iran (USD mn) 3,754.0 2020 yearly 1997 - 2020
Ireland (USD mn) 8,477.3 Dec 2020 quarterly Mar 1981 - Dec 2020
Israel (USD mn) 6,362.9 Sep 2020 quarterly Mar 1992 - Sep 2020
Italy (USD mn) 864.6 Jan 2021 monthly Jan 1970 - Jan 2021
Ivory Coast (USD mn) -1,348.7 2019 yearly 1975 - 2019
Japan (USD mn) 17,031.5 Feb 2021 monthly Jan 1996 - Feb 2021
Jordan (USD mn) -1,176.0 Dec 2020 quarterly Mar 1977 - Dec 2020
Kazakhstan (USD mn) -1,728.7 Dec 2020 quarterly Dec 1997 - Dec 2020
Kenya (USD mn) -415.0 Sep 2020 monthly Jan 2002 - Sep 2020
South Korea (USD mn) 13,282.2 Dec 2020 monthly Jan 1980 - Dec 2020
Kosovo (USD mn) -197.8 Dec 2020 quarterly Mar 2009 - Dec 2020
Kuwait (USD mn) 351.1 Jun 2020 quarterly Mar 2012 - Jun 2020
Kyrgyzstan (USD mn) -6.8 Dec 2020 quarterly Mar 1993 - Dec 2020
Laos (USD mn) -10.4 Dec 2020 quarterly Mar 1994 - Dec 2020
Latvia (USD mn) 109.6 Jan 2021 monthly Jan 2000 - Jan 2021
Lebanon (USD mn) -242.6 Jun 2020 monthly Jan 2002 - Jun 2020
Lithuania (USD mn) 357.5 Jan 2021 monthly Jan 2001 - Jan 2021
Luxembourg (USD mn) -209.1 Dec 2020 quarterly Mar 1995 - Dec 2020
Macau SAR, China (USD mn) 18,555.8 2019 yearly 2002 - 2019
North Macedonia (USD mn) -68.8 Dec 2020 monthly Jan 2001 - Dec 2020
Malawi (USD mn) -1,220.2 2019 yearly 1977 - 2019
Malaysia (USD mn) 4,618.9 Dec 2020 quarterly Mar 1999 - Dec 2020
Malta (USD mn) -107.1 Dec 2020 quarterly Mar 1995 - Dec 2020
Mauritius (USD mn) -465.0 Dec 2020 quarterly Mar 2017 - Dec 2020
Mexico (USD mn) 17,408.9 Dec 2020 quarterly Mar 1980 - Dec 2020
Moldova (USD mn) -230.8 Dec 2020 quarterly Mar 1994 - Dec 2020
Mongolia (USD mn) -30.6 Jan 2021 monthly Jan 2009 - Jan 2021
Montenegro (USD mn) -271.0 Dec 2020 quarterly Mar 2004 - Dec 2020
Morocco (USD mn) 128.7 Dec 2020 quarterly Mar 2014 - Dec 2020
Mozambique (USD mn) -1,384.4 Sep 2020 quarterly Mar 1996 - Sep 2020
Myanmar (USD mn) -910.6 Jun 2020 quarterly Mar 1976 - Jun 2020
Nepal (USD mn) -419.6 Jan 2021 quarterly Oct 2002 - Jan 2021
Netherlands (USD mn) 16,972.0 Sep 2020 quarterly Mar 1967 - Sep 2020
New Zealand (USD mn) -1,436.6 Dec 2020 quarterly Jun 1971 - Dec 2020
Nigeria (USD mn) -3,337.9 Sep 2020 quarterly Mar 2008 - Sep 2020
Norway (USD mn) 1,026.9 Dec 2020 quarterly Mar 1981 - Dec 2020
Oman (USD mn) -4,140.4 2019 yearly 1974 - 2019
Pakistan (USD mn) 266.0 Dec 2020 quarterly Mar 1976 - Dec 2020
Palestinian Territory (USD mn) -199.9 Sep 2020 quarterly Mar 2011 - Sep 2020
Panama (USD mn) 17.8 Sep 2020 quarterly Mar 1998 - Sep 2020
Paraguay (USD mn) 298.3 Sep 2020 quarterly Mar 2000 - Sep 2020
Peru (USD mn) 738.7 Dec 2020 quarterly Mar 1977 - Dec 2020
Philippines (USD mn) 1,010.0 Dec 2020 monthly Jan 1999 - Dec 2020
Poland (USD mn) 3,968.0 Jan 2021 monthly Jan 2000 - Jan 2021
Portugal (USD mn) -103.5 Jan 2021 monthly Jan 1996 - Jan 2021
Qatar (USD mn) -2,328.3 Sep 2020 quarterly Mar 2011 - Sep 2020
Romania (USD mn) -291.1 Jan 2021 monthly Jun 2002 - Jan 2021
Russia (USD mn) 6,800.0 Jan 2021 monthly Jan 2012 - Jan 2021
Saudi Arabia (USD mn) 2,321.1 Sep 2020 quarterly Mar 2006 - Sep 2020
Serbia (USD mn) -21.2 Dec 2020 monthly Jan 2013 - Dec 2020
Singapore (USD mn) 14,572.0 Dec 2020 quarterly Mar 1986 - Dec 2020
Slovakia (USD mn) -226.7 Dec 2020 monthly Jan 1997 - Dec 2020
Slovenia (USD mn) 352.8 Jan 2021 monthly Jan 1994 - Jan 2021
South Africa (USD mn) 3,165.8 Dec 2020 quarterly Mar 1960 - Dec 2020
Spain (USD mn) 887.0 Dec 2020 monthly Jan 1990 - Dec 2020
Sri Lanka (USD mn) 240.1 Sep 2020 quarterly Mar 1977 - Sep 2020
Sudan (USD mn) -1,060.6 Sep 2020 quarterly Mar 1977 - Sep 2020
Sweden (USD mn) 6,660.3 Dec 2020 quarterly Mar 1975 - Dec 2020
Switzerland (USD mn) -3,155.9 Dec 2020 quarterly Mar 1983 - Dec 2020

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Kuwait Key Series

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Includes 217 key indicators for Kuwait, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -9.8 2019 yearly 1988 - 2019
Consolidated Fiscal Balance (USD mn) -10,753.192 2017 yearly 1988 - 2017
Tax Revenue (USD mn) 128.142 Dec 2015 monthly Sep 2003 - Dec 2015
Tax Revenue: % of GDP (%) 1.4 2017 yearly 1986 - 2017
National Government Debt (USD mn) 3,478.5 Feb 2021 monthly Dec 1993 - Feb 2021
Government Debt: % of GDP (%) 3.2 Sep 2020 quarterly Dec 2010 - Sep 2020
Forecast: Government Expenditure (KWD bn) 24.119 2026 yearly 1990 - 2026
Forecast: Government Net Debt (KWD bn) 37.408 2026 yearly 1991 - 2026
Forecast: Government Revenue (KWD bn) 22.312 2026 yearly 1990 - 2026
Government Fiscal Balance: ytd (KWD mn) -5,954.525 Feb 2021 monthly Apr 2018 - Feb 2021
Government Expenditure: ytd (KWD mn) 14,817.487 Feb 2021 monthly Apr 2018 - Feb 2021
Government Expenditure: ytd: Current (KWD mn) 13,761.529 Feb 2021 monthly Apr 2018 - Feb 2021
Government Expenditure: ytd: Purchases of Non Financial Assets (KWD mn) 1,055.958 Feb 2021 monthly Apr 2018 - Feb 2021
Government Revenue: ytd (KWD mn) 8,862.962 Feb 2021 monthly Apr 2018 - Feb 2021
Government Revenue: ytd: Non Oil (KWD mn) 1,213.483 Feb 2021 monthly Apr 2018 - Feb 2021
Government Revenue: ytd: Non Oil: Tax and Fees (KWD mn) 415.966 Feb 2021 monthly Apr 2018 - Feb 2021
Government Expenditure (KWD mn) 18,245.900 2016 yearly 1989 - 2016
Government Expenditure: Current (KWD mn) 12,125.900 2016 yearly 1989 - 2016
Government Revenue (KWD mn) 13,633.900 2016 yearly 1987 - 2016
Government Revenue: Tax (KWD mn) 486.000 2016 yearly 1987 - 2016
Government Expenditure: Capital (KWD mn) 226.000 2016 yearly 1989 - 2016
Government Surplus/Deficit (KWD mn) -3,919.943 2020 yearly 1989 - 2020
Public Debt (KWD mn) 1,050.000 Feb 2021 monthly Dec 1993 - Feb 2021
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.236 2026 yearly 1980 - 2026
Trade Balance (USD mn) 1,291.5 Dec 2020 monthly Jan 1993 - Dec 2020
Total Exports (USD mn) 3,288.6 Oct 2020 monthly Jan 1993 - Oct 2020
Total Exports Growth (%) -31.0 Sep 2020 monthly Jan 1994 - Sep 2020
Aluminum: Exports (USD th) 12,357.584 2019 yearly 1995 - 2019
Exports: Medicament (USD th) 43,537.254 2019 yearly 1995 - 2019
Exports: Medicinal and Pharmaceutical Product (USD th) 1,874.075 2019 yearly 1995 - 2019
Total Imports (USD mn) 2,135.6 Aug 2020 monthly Jan 1992 - Aug 2020
Total Imports Growth (%) -16.3 Oct 2020 monthly Jan 1993 - Oct 2020
Imports: Medicament (USD th) 951,801.648 2019 yearly 1995 - 2019
Imports: Medicinal and Pharmaceutical Product (USD th) 308,705.513 2019 yearly 1995 - 2019
Total Exports to USA (USD mn) 0.143 Oct 2020 monthly Jan 1973 - Oct 2020
Total Imports from USA (USD mn) 242.817 Dec 2020 monthly Jan 2017 - Dec 2020
Total Exports to China (USD mn) 50.396 Oct 2020 monthly Jan 2017 - Oct 2020
Total Imports from China (USD mn) 416.561 Oct 2020 monthly Jan 2017 - Oct 2020
Trade Balance: Quarterly (KWD mn) 2,789.603 Dec 2018 quarterly Mar 1973 - Dec 2018
Exports: SITC: Food and Live Animals (KWD mn) 39.900 Sep 2018 quarterly Sep 2014 - Sep 2018
Exports: SITC: Other Manufactured Articles (KWD mn) 36.800 Sep 2018 quarterly Sep 2014 - Sep 2018
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -499.4 Sep 2020 quarterly Mar 2012 - Sep 2020
Current Account Balance (USD mn) 351.1 Jun 2020 quarterly Mar 2012 - Jun 2020
Current Account Balance: % of GDP (%) 31.3 Sep 2020 quarterly Mar 2012 - Sep 2020
Foreign Direct Investment (USD mn) 68.4 Jun 2020 quarterly Mar 2012 - Jun 2020
Foreign Direct Investment: % of GDP (%) -1.4 Mar 2020 quarterly Mar 2012 - Mar 2020
Foreign Portfolio Investment (USD mn) -235.169 Sep 2020 quarterly Mar 2012 - Sep 2020
Foreign Portfolio Investment: % of GDP (%) -0.9 Sep 2020 quarterly Mar 2012 - Sep 2020
Foreign Portfolio Investment: Equity Securities (USD mn) 39.5 Sep 2020 quarterly Mar 2012 - Sep 2020
Foreign Portfolio Investment: Debt Securities (USD mn) 64.513 Jun 2020 quarterly Mar 2012 - Jun 2020
External Debt (USD mn) 55,508.4 Jun 2020 quarterly Mar 2018 - Jun 2020
External Debt: % of GDP (%) 50.8 2019 yearly 2014 - 2019
Net International Investment Position (USD mn) 93,856.844 2019 yearly 2001 - 2019
Forecast: Current Account Balance (USD bn) 5.366 2026 yearly 1980 - 2026
BoP: CA: Secondary Income: Credit (KWD mn) 0.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: Financial Derivatives: Assets (KWD mn) -36.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: Portfolio Investment: Liabilities: Debt Instruments (KWD mn) 0.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: Portfolio Investment: Assets (KWD mn) -1,260.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: Portfolio Investment: Liabilities (KWD mn) 10.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: CA: Debit (KWD mn) 0.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: OT: Liabilities (KWD mn) 1,389.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: CA: Primary Income: Debit (KWD mn) 0.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: Net Errors and Omissions (KWD mn) 493.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: Reserve Assets: Central Bank of Kuwait (CBK) (KWD mn) 448.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: Financial Derivatives: Liabilities (KWD mn) 40.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: Other Investments (OT) (KWD mn) -1,407.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: OT: Assets (KWD mn) -2,795.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: Capital Account: Debit (KWD mn) 5.000 Sep 2018 quarterly Mar 2012 - Sep 2018
Foreign Direct Investment (KWD mn) 3,105.100 2017 yearly 2010 - 2017
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.8 Sep 2019 quarterly Mar 2017 - Sep 2019
Household Debt: % of GDP (%) 1.9 Mar 2020 quarterly Dec 2010 - Mar 2020
Money Supply M1 (USD mn) 42,346.530 Feb 2021 monthly Jan 1994 - Feb 2021
Money Supply M2 (USD mn) 129,038.595 Feb 2021 monthly Jan 1994 - Feb 2021
M2 Growth (%) 4.1 Feb 2021 monthly Jan 1995 - Feb 2021
Foreign Exchange Reserves (USD mn) 45,495.3 Dec 2020 monthly Jan 1964 - Dec 2020
Foreign Exchange Reserves: % of GDP (%) 28.180 Mar 2020 quarterly Dec 2010 - Mar 2020
Foreign Exchange Reserves: Months of Import (NA) 20.9 Jun 2020 quarterly Mar 1973 - Jun 2020
Gold Reserves (USD mn) 104.673 Dec 2020 monthly Dec 1961 - Dec 2020
Total Deposits (USD mn) 146,600.629 Feb 2021 monthly Jan 1994 - Feb 2021
Total Deposits Growth (%) 2.5 Jan 2021 monthly Jan 1995 - Jan 2021
Domestic Credit (USD mn) 113,316.2 Feb 2021 monthly Jan 1994 - Feb 2021
Domestic Credit Growth (%) 1.9 Feb 2021 monthly Jan 1995 - Feb 2021
Household Debt (USD mn) 1,496.4 Feb 2021 monthly Jan 2002 - Feb 2021
Total Loans (USD mn) 131,184.831 Dec 2020 monthly Jan 1994 - Dec 2020
Total Loans Growth (%) 4.07 Oct 2020 monthly Jan 1995 - Oct 2020
Private Debt: % of Nominal GDP (%) 94.56 Mar 2020 quarterly Dec 2010 - Mar 2020

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