Kuwait Forecast: Current Account Balance

1980 - 2028 | Yearly | USD bn | International Monetary Fund

Key information about Kuwait Forecast: Current Account Balance

  • Kuwait Current Account Balance is forecasted to be 46.240 USD bn in Dec 2024 as reported by International Monetary Fund.
  • It records a decrease from the last reported number of 48.415 USD bn in Dec 2023.
  • Looking ahead, Kuwait Current Account Balance is projected to stand at 29.379 USD bn in Dec 2028.
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: BPM6: Current Account: USD.

View Kuwait's Forecast: Current Account Balance from 1980 to 2028 in the chart:

Kuwait Forecast: Current Account Balance

What is Kuwait's Forecast: Current Account Balance in 2028?

Kuwait Current Account Balance is forecasted to be 46.240 USD bn in Dec 2024 as reported by International Monetary Fund. See the table below for more data.

Last Previous Min Max Unit Frequency Range
29.379 2028 33.743 2027 -26.220 1991 79.126 2012 USD bn yearly 1980 - 2028

Forecast: Current Account Balance by Country Comparison

Buy Selected Data

Includes Forecast: Current Account Balance on 194 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Afghanistan (USD bn) 2.247 2020 yearly 2002 - 2020
Albania (USD bn) -1.790 2028 yearly 1980 - 2028
Algeria (USD bn) -13.583 2028 yearly 1980 - 2028
Andorra (USD bn) 0.842 2028 yearly 2019 - 2028
Angola (USD bn) 2.023 2028 yearly 1980 - 2028
Antigua and Barbuda (USD bn) -0.265 2028 yearly 2014 - 2028
Argentina (USD bn) 7.340 2028 yearly 1980 - 2028
Armenia (USD bn) -1.789 2028 yearly 1992 - 2028
Aruba (USD bn) 0.328 2028 yearly 1999 - 2028
Australia (USD bn) -18.570 2028 yearly 1980 - 2028
Austria (USD bn) 1.670 2028 yearly 1980 - 2028
Azerbaijan (USD bn) 6.695 2028 yearly 1992 - 2028
Bahamas (USD bn) -0.965 2028 yearly 1980 - 2028
Bahrain (USD bn) 1.321 2028 yearly 1980 - 2028
Bangladesh (USD bn) -21.942 2028 yearly 1980 - 2028
Barbados (USD bn) -0.438 2028 yearly 1980 - 2028
Belarus (USD bn) -0.016 2028 yearly 1992 - 2028
Belgium (USD bn) -2.148 2028 yearly 1980 - 2028
Belize (USD bn) -0.215 2028 yearly 1980 - 2028
Benin (USD bn) -1.245 2028 yearly 1980 - 2028
Bhutan (USD bn) -0.416 2028 yearly 1980 - 2028
Bolivia (USD bn) -2.306 2028 yearly 1980 - 2028
Bosnia and Herzegovina (USD bn) -1.298 2028 yearly 1998 - 2028
Botswana (USD bn) 0.165 2028 yearly 1980 - 2028
Brazil (USD bn) -59.994 2028 yearly 1980 - 2028
Brunei (USD bn) 2.542 2028 yearly 1981 - 2028
Bulgaria (USD bn) -0.406 2028 yearly 1980 - 2028
Burkina Faso (USD bn) -1.144 2028 yearly 1980 - 2028
Burundi (USD bn) -0.583 2028 yearly 1980 - 2028
Cambodia (USD bn) -2.954 2028 yearly 1992 - 2028
Cameroon (USD bn) -2.000 2028 yearly 1980 - 2028
Canada (USD bn) -55.335 2028 yearly 1980 - 2028
Cape Verde (USD bn) -0.145 2028 yearly 1980 - 2028
Central African Republic (USD bn) -0.173 2028 yearly 1980 - 2028
Chad (USD bn) -0.981 2028 yearly 1980 - 2028
Chile (USD bn) -12.671 2028 yearly 1980 - 2028
China (USD bn) 160.975 2028 yearly 1997 - 2028
Colombia (USD bn) -17.763 2028 yearly 1980 - 2028
Comoros (USD bn) -0.085 2028 yearly 1980 - 2028
Congo (USD bn) -0.461 2028 yearly 1980 - 2028
Costa Rica (USD bn) -1.864 2028 yearly 1980 - 2028
Croatia (USD bn) 0.205 2028 yearly 1992 - 2028
Cyprus (USD bn) -3.179 2028 yearly 1980 - 2028
Czech Republic (USD bn) 9.626 2028 yearly 1995 - 2028
Democratic Republic of Congo (USD bn) -3.273 2028 yearly 1980 - 2028
Denmark (USD bn) 45.017 2028 yearly 1980 - 2028
Djibouti (USD bn) 0.128 2028 yearly 1991 - 2028
Dominica (USD bn) -0.118 2028 yearly 2000 - 2028
Dominican Republic (USD bn) -4.927 2028 yearly 1980 - 2028
Ecuador (USD bn) 2.607 2028 yearly 1980 - 2028
Egypt (USD bn) -15.999 2028 yearly 1980 - 2028
El Salvador (USD bn) -1.957 2028 yearly 1980 - 2028
Equatorial Guinea (USD bn) -0.767 2028 yearly 1987 - 2028
Eritrea (USD bn) 0.257 2019 yearly 1992 - 2019
Estonia (USD bn) 0.619 2028 yearly 1993 - 2028
Swaziland (USD bn) 0.018 2028 yearly 1980 - 2028
Ethiopia (USD bn) -5.546 2028 yearly 1980 - 2028
Fiji (USD bn) -0.592 2028 yearly 1980 - 2028
Finland (USD bn) -1.459 2028 yearly 1980 - 2028
France (USD bn) -13.987 2028 yearly 1980 - 2028
Gabon (USD bn) -1.367 2028 yearly 1980 - 2028
Gambia (USD bn) -0.134 2028 yearly 1980 - 2028
Georgia (USD bn) -2.346 2028 yearly 1995 - 2028
Germany (USD bn) 330.963 2028 yearly 1980 - 2028
Ghana (USD bn) -2.914 2028 yearly 1980 - 2028
Greece (USD bn) -9.215 2028 yearly 1980 - 2028
Grenada (USD bn) -0.196 2028 yearly 2014 - 2028
Guatemala (USD bn) 0.063 2028 yearly 1980 - 2028
Guinea (USD bn) -2.239 2028 yearly 1980 - 2028
Guinea-Bissau (USD bn) -0.118 2028 yearly 1980 - 2028
Guyana (USD bn) 14.259 2028 yearly 1980 - 2028
Haiti (USD bn) -0.130 2028 yearly 1980 - 2028
Honduras (USD bn) -1.736 2028 yearly 1980 - 2028
Hong Kong SAR, China (USD bn) 25.833 2028 yearly 1980 - 2028
Hungary (USD bn) 1.409 2028 yearly 1980 - 2028
Iceland (USD bn) 0.471 2028 yearly 1980 - 2028
India (USD bn) -137.893 2028 yearly 1980 - 2028
Indonesia (USD bn) -30.420 2028 yearly 1980 - 2028
Iran (USD bn) 12.060 2028 yearly 1980 - 2028
Iraq (USD bn) -24.042 2028 yearly 2001 - 2028
Ireland (USD bn) 44.016 2028 yearly 1980 - 2028
Israel (USD bn) 23.348 2028 yearly 1980 - 2028
Italy (USD bn) 53.574 2028 yearly 1980 - 2028
Ivory Coast (USD bn) -3.088 2028 yearly 1980 - 2028
Jamaica (USD bn) -0.511 2028 yearly 1980 - 2028
Japan (USD bn) 167.498 2028 yearly 1980 - 2028
Jordan (USD bn) -2.347 2028 yearly 1980 - 2028
Kazakhstan (USD bn) -10.333 2028 yearly 1992 - 2028
Kenya (USD bn) -7.497 2028 yearly 1980 - 2028
Kiribati (USD bn) 0.027 2028 yearly 1980 - 2028
South Korea (USD bn) 66.020 2028 yearly 1980 - 2028
Kosovo (USD bn) -0.733 2028 yearly 2000 - 2028
Kuwait (USD bn) 29.379 2028 yearly 1980 - 2028
Kyrgyzstan (USD bn) -0.736 2028 yearly 1992 - 2028
Laos (USD bn) -1.018 2028 yearly 1980 - 2028
Latvia (USD bn) -1.280 2028 yearly 1992 - 2028
Lebanon (USD bn) -6.271 2022 yearly 1980 - 2022
Lesotho (USD bn) -0.127 2028 yearly 1980 - 2028
Liberia (USD bn) -1.265 2028 yearly 2000 - 2028
Libya (USD bn) 7.305 2028 yearly 1980 - 2028

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Kuwait Key Series

Buy Selected Data

Includes 176 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 (%) 11.5 2022 yearly 1988 - 2022
Consolidated Fiscal Balance (USD mn) 20,745.883 2022 yearly 1988 - 2022
Tax Revenue (USD mn) 128.142 Dec 2015 monthly Sep 2003 - Dec 2015
Tax Revenue: % of GDP (%) 1.0 2022 yearly 1988 - 2022
National Government Debt (USD mn) 682.8 Jan 2024 monthly Dec 1993 - Jan 2024
Government Debt: % of GDP (%) 0.4 Sep 2023 quarterly Dec 2010 - Sep 2023
Forecast: Government Expenditure (KWD bn) 28.396 2028 yearly 1985 - 2028
Forecast: Government Net Debt (KWD bn) 9.523 2028 yearly 1991 - 2028
Forecast: Government Revenue (KWD bn) 29.444 2028 yearly 1985 - 2028
Government Fiscal Balance: ytd (KWD mn) -1,727.605 Dec 2023 monthly Apr 2018 - Dec 2023
Government Revenue: ytd: Non Oil: Tax and Fees (KWD mn) 333.812 Dec 2023 monthly Apr 2018 - Dec 2023
Government Expenditure: ytd: Purchases of Non Financial Assets (KWD mn) 715.857 Dec 2023 monthly Apr 2018 - Dec 2023
Government Revenue: ytd: Non Oil (KWD mn) 1,170.418 Dec 2023 monthly Apr 2018 - Dec 2023
Government Revenue: ytd (KWD mn) 15,445.426 Dec 2023 monthly Apr 2018 - Dec 2023
Government Expenditure: ytd: Current (KWD mn) 16,457.174 Dec 2023 monthly Apr 2018 - Dec 2023
Government Expenditure: ytd (KWD mn) 17,173.031 Dec 2023 monthly Apr 2018 - Dec 2023
Government Expenditure: Current (KWD mn) 12,125.900 2016 yearly 1989 - 2016
Government Expenditure (KWD mn) 18,245.900 2016 yearly 1989 - 2016
Government Revenue (KWD mn) 13,633.900 2016 yearly 1987 - 2016
Government Expenditure: Capital (KWD mn) 226.000 2016 yearly 1989 - 2016
Government Revenue: Tax (KWD mn) 486.000 2016 yearly 1987 - 2016
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.994 2028 yearly 1980 - 2028
Trade Balance (USD mn) 1,817.0 Mar 2021 monthly Jan 1993 - Mar 2021
Total Exports (USD mn) 5,006.5 Mar 2021 monthly Jan 1993 - Mar 2021
Total Exports Growth (%) 61.8 Mar 2021 monthly Jan 1994 - Mar 2021
Aluminum: Exports (USD th) 152,297.350 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 529,113.260 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 17,111.420 2022 yearly 1995 - 2022
Total Imports (USD mn) 3,189.5 Mar 2021 monthly Jan 1992 - Mar 2021
Total Imports Growth (%) 27.7 Mar 2021 monthly Jan 1993 - Mar 2021
Imports: Medicament (USD th) 1,144,894.403 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 442,329.808 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 4.977 Nov 2023 monthly Jan 1973 - Nov 2023
Total Imports from USA (USD mn) 266.038 Mar 2021 monthly Jan 2017 - Mar 2021
Total Exports to China (USD mn) 27.186 Mar 2021 monthly Jan 2017 - Mar 2021
Total Imports from China (USD mn) 505.174 Mar 2021 monthly Jan 2017 - Mar 2021
Trade Balance: Quarterly (KWD mn) 2,789.603 Dec 2018 quarterly Mar 1973 - Dec 2018
Exports: SITC: Other Manufactured Articles (KWD mn) 36.800 Sep 2018 quarterly Sep 2014 - Sep 2018
Exports: SITC: Food and Live Animals (KWD mn) 39.900 Sep 2018 quarterly Sep 2014 - Sep 2018
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 4,557.2 Sep 2023 quarterly Mar 2012 - Sep 2023
Current Account Balance (USD mn) 15,358.8 Sep 2023 quarterly Mar 2012 - Sep 2023
Current Account Balance: % of GDP (%) 37.2 Sep 2023 quarterly Mar 2012 - Sep 2023
Foreign Direct Investment (USD mn) 196.3 Sep 2023 quarterly Mar 2012 - Sep 2023
Foreign Direct Investment: % of GDP (%) 0.5 Sep 2023 quarterly Mar 2012 - Sep 2023
Foreign Portfolio Investment (USD mn) -224.952 Sep 2023 quarterly Mar 2012 - Sep 2023
Foreign Portfolio Investment: % of GDP (%) -0.5 Sep 2023 quarterly Mar 2012 - Sep 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -99.8 Jun 2023 quarterly Mar 2012 - Jun 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -28.282 Sep 2023 quarterly Mar 2012 - Sep 2023
External Debt (USD mn) 59,638.5 Sep 2023 quarterly Mar 2018 - Sep 2023
External Debt: % of GDP (%) 35.3 2022 yearly 2014 - 2022
Forecast: Current Account Balance (USD bn) 29.379 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) 105,184.786 2022 yearly 2001 - 2022
BoP: FA: OT: Assets (KWD mn) -2,795.000 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: Portfolio Investment: Liabilities (KWD mn) 10.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: CA: Primary Income: Debit (KWD mn) 0.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: Portfolio Investment: Assets (KWD mn) -1,260.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: CA: Debit (KWD mn) 0.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: CA: Secondary Income: Credit (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: Financial Derivatives: Liabilities (KWD mn) 40.000 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: Capital Account: Debit (KWD mn) 5.000 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: Liabilities (KWD mn) 1,389.000 Sep 2018 quarterly Mar 2012 - Sep 2018
Number of Investment Companies (Unit) 41.000 Dec 2022 monthly Mar 2005 - Dec 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.7 Sep 2023 quarterly Mar 2012 - Sep 2023
Household Debt: % of GDP (%) 0.5 Sep 2023 quarterly Dec 2010 - Sep 2023
Money Supply M1 (USD mn) 34,098.521 Jan 2024 monthly Jan 1994 - Jan 2024
Money Supply M2 (USD mn) 126,586.246 Jan 2024 monthly Jan 1994 - Jan 2024
M2 Growth (%) -0.6 Jan 2024 monthly Jan 1995 - Jan 2024
Foreign Exchange Reserves (USD mn) 42,350.9 Dec 2023 monthly Jan 1964 - Dec 2023
Foreign Exchange Reserves: % of GDP (%) 25.497 Sep 2023 quarterly Dec 2010 - Sep 2023
Foreign Exchange Reserves: Months of Import (NA) 13.6 Dec 2023 quarterly Mar 1973 - Dec 2023
Gold Reserves (USD mn) 103.073 Jan 2024 monthly Dec 1961 - Jan 2024
Total Deposits (USD mn) 157,920.013 Jan 2024 monthly Jan 1994 - Jan 2024
Total Deposits Growth (%) 2.9 Jan 2024 monthly Jan 1995 - Jan 2024
Domestic Credit (USD mn) 128,049.4 Jan 2024 monthly Jan 1994 - Jan 2024
Domestic Credit Growth (%) 0.2 Jan 2024 monthly Jan 1995 - Jan 2024
Household Debt (USD mn) 2,157.4 Jan 2024 monthly Jan 2002 - Jan 2024
Total Loans (USD mn) 175,098.033 Jan 2024 monthly Jan 1994 - Jan 2024
Total Loans Growth (%) 2.65 Jan 2024 monthly Jan 1995 - Jan 2024
Private Debt: % of Nominal GDP (%) 100.05 Sep 2023 quarterly Dec 2010 - Sep 2023

More Indicators for Kuwait

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data