Kuwait recorded a Current Account surplus of 30.30 percent of the country's Gross Domestic Product in 2023. Current Account to GDP in Kuwait averaged 19.51 percent of GDP from 1980 until 2023, reaching an all time high of 54.57 percent of GDP in 1981 and a record low of -242.19 percent of GDP in 1991. source: International Monetary Fund
Current Account to GDP in Kuwait is expected to reach 27.70 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kuwait Current Account to GDP is projected to trend around 25.10 percent of GDP in 2025 and 21.00 percent of GDP in 2026, according to our econometric models.