Current Account in Kuwait

Kuwait Current Account | Economic News & Forecasts

Kuwait - Current Account

The Kuwaiti economy accelerated in the third quarter of 2018 on the back of robust growth in the non-oil sector—thanks to the services and the agriculture sectors—and the oil sector, where increased production was accompanied by rising prices. The external sector has also continued to perform enviably through October. Exports increased over a third in the first 10 months with particularly strong growth in the July–September period, partly on the back of the strong rise in oil prices. Looking ahead, the sharp decline in oil prices since early October will weigh on growth in the final quarter of 2018 and beyond.

Kuwait - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)40.3  33.8  3.5  -4.5  6.3  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


Kuwait Current Account Chart

Kuwait Current Account
Note: Current account balance as % of GDP.
Source: Central Bank of Kuwait and FocusEconomics calculations.

Kuwait Facts

Exchange Rate0.30-0.05 %Jan 16

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.


Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

    Search form