Current account balance (credit less debit), Net (credits less debits) in Kuwait
Kuwait: Current account balance (credit less debit), Net (credits less debits) was 46.70 billion in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Kuwait, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for current account balance (credit less debit), net (credits less debits) in Kuwait is 46.70 billion, measured in 2024.
Compared with earlier readings it is down 9.1% on the previous year and down 13.5% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Kuwait peaked at 79.12 billion in 2012 and was at its lowest, 641.71 million, in 2016.
That places Kuwait 15th out of 198 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 41.18 billion | 28.97 billion | 60.24 billion | 5 |
| 2010s | 37.70 billion | 641.71 million | 79.12 billion | 10 |
| 2020s | 43.63 billion | 22.03 billion | 63.08 billion | 5 |
Countries ranked near Kuwait
More financial sector data for Kuwait
- Net domestic credit (current LCU), per capita 9,517 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 0.2945 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 15.75 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 88.87 million SDR (2025)
- Gold reserves at market value 8.10 billion SDR (2025)
- Reserves excluding gold, foreign exchange 25.92 billion SDR (2025)
- Reserves excluding gold 29.68 billion SDR (2025)
- Total reserves (gold at market value) 37.78 billion SDR (2025)
- Total reserves (gold at national valuation) 29.76 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 6,116 SDR per person (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Kuwait?
- Current account balance (credit less debit), net (credits less debits) in Kuwait was 46.70 billion in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Kuwait?
- The highest recorded value was 79.12 billion in 2012.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Kuwait?
- The lowest recorded value was 641.71 million in 2016.
- How does Kuwait rank for current account balance (credit less debit), net (credits less debits)?
- Kuwait ranks 15th out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Kuwait?
- Over the last ten years it is down 13.5%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.