Kuwait recorded a Current Account surplus of 1325 KWD Million in the third quarter of 2019.

Current Account in Kuwait averaged 3686.55 KWD Million from 1993 until 2019, reaching an all time high of 18142 KWD Million in the fourth quarter of 2011 and a record low of -908 KWD Million in the first quarter of 2016. This page provides - Kuwait Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kuwait Current Account - values, historical data and charts - was last updated on October of 2020.

Current Account in Kuwait is expected to be 3425.13 KWD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Kuwait to stand at 2929.59 in 12 months time. In the long-term, the Kuwait Current Account is projected to trend around 2942.50 KWD Million in 2021 and 3064.47 KWD Million in 2022, according to our econometric models.

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Kuwait Current Account

Actual Previous Highest Lowest Dates Unit Frequency
1325.00 2817.00 18142.00 -908.00 1993 - 2019 KWD Million Quarterly

Kuwait Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).