Kuwait Balance of Payments: Current Account
Kuwait KW: BOP: Current Account: Balance
KW: BOP: Current Account: Balance data was reported at 7.591 USD bn in 2017. This records an increase from the previous number of 641.706 USD mn for 2016. KW: BOP: Current Account: Balance data is updated yearly, averaging 7.107 USD bn from Dec 1975 (Median) to 2017, with 43 observations. The data reached an all-time high of 79.122 USD bn in 2012 and a record low of -26.478 USD bn in 1991. KW: BOP: Current Account: Balance data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank.WDI: Balance of Payments: Current Account. Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 641.71 2016 | yearly | 1975 - 2016 |
View Kuwait's Kuwait KW: BOP: Current Account: Balance from 1975 to 2016 in the chart:
Kuwait KW: BOP: Current Account: Balance: % of GDP
KW: BOP: Current Account: Balance: % of GDP data was reported at 6.319 % in 2017. This records an increase from the previous number of 0.579 % for 2016. KW: BOP: Current Account: Balance: % of GDP data is updated yearly, averaging 26.140 % from Dec 1975 (Median) to 2017, with 43 observations. The data reached an all-time high of 56.705 % in 1979 and a record low of -240.521 % in 1991. KW: BOP: Current Account: Balance: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank.WDI: Balance of Payments: Current Account. Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 0.58 2016 | yearly | 1975 - 2016 |
View Kuwait's Kuwait KW: BOP: Current Account: Balance: % of GDP from 1975 to 2016 in the chart:
Kuwait KW: BOP: Current Account: Charges for the Use of Intellectual Property: Payments
KW: BOP: Current Account: Charges for the Use of Intellectual Property: Payments data was reported at 0.000 USD mn in 2004. This stayed constant from the previous number of 0.000 USD mn for 2003. KW: BOP: Current Account: Charges for the Use of Intellectual Property: Payments data is updated yearly, averaging 0.000 USD mn from Dec 1975 (Median) to 2004, with 24 observations. KW: BOP: Current Account: Charges for the Use of Intellectual Property: Payments data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank.WDI: Balance of Payments: Current Account. Charges for the use of intellectual property are payments and receipts between residents and nonresidents for the authorized use of proprietary rights (such as patents, trademarks, copyrights, industrial processes and designs including trade secrets, and franchises) and for the use, through licensing agreements, of produced originals or prototypes (such as copyrights on books and manuscripts, computer software, cinematographic works, and sound recordings) and related rights (such as for live performances and television, cable, or satellite broadcast). Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Sum; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 0.00 2014 | yearly | 1975 - 2014 |
View Kuwait's Kuwait KW: BOP: Current Account: Charges for the Use of Intellectual Property: Payments from 1975 to 2014 in the chart:
Kuwait KW: BOP: Current Account: Charges for the Use of Intellectual Property: Receipts
KW: BOP: Current Account: Charges for the Use of Intellectual Property: Receipts data was reported at 0.000 USD mn in 2004. This stayed constant from the previous number of 0.000 USD mn for 2003. KW: BOP: Current Account: Charges for the Use of Intellectual Property: Receipts data is updated yearly, averaging 0.000 USD mn from Dec 1975 (Median) to 2004, with 24 observations. KW: BOP: Current Account: Charges for the Use of Intellectual Property: Receipts data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank: Balance of Payments: Current Account. Charges for the use of intellectual property are payments and receipts between residents and nonresidents for the authorized use of proprietary rights (such as patents, trademarks, copyrights, industrial processes and designs including trade secrets, and franchises) and for the use, through licensing agreements, of produced originals or prototypes (such as copyrights on books and manuscripts, computer software, cinematographic works, and sound recordings) and related rights (such as for live performances and television, cable, or satellite broadcast). Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Sum; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 0.00 2014 | yearly | 1975 - 2014 |
View Kuwait's Kuwait KW: BOP: Current Account: Charges for the Use of Intellectual Property: Receipts from 1975 to 2014 in the chart:
Kuwait KW: BOP: Current Account: Exports: Goods
KW: BOP: Current Account: Exports: Goods data was reported at 55.175 USD bn in 2017. This records an increase from the previous number of 46.617 USD bn for 2016. KW: BOP: Current Account: Exports: Goods data is updated yearly, averaging 14.946 USD bn from Dec 1975 (Median) to 2017, with 43 observations. The data reached an all-time high of 119.643 USD bn in 2012 and a record low of 1.080 USD bn in 1991. KW: BOP: Current Account: Exports: Goods data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank: Balance of Payments: Current Account. Goods exports refer to all movable goods (including nonmonetary gold and net exports of goods under merchanting) involved in a change of ownership from residents to nonresidents. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Gap-filled total; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards. Merchanting is reclassified from services to goods.
| Last | Frequency | Range |
|---|---|---|
| 46,616.64 2016 | yearly | 1975 - 2016 |
View Kuwait's Kuwait KW: BOP: Current Account: Exports: Goods from 1975 to 2016 in the chart:
Kuwait KW: BOP: Current Account: Exports: Goods and Services
KW: BOP: Current Account: Exports: Goods and Services data was reported at 60.438 USD bn in 2017. This records an increase from the previous number of 52.146 USD bn for 2016. KW: BOP: Current Account: Exports: Goods and Services data is updated yearly, averaging 16.438 USD bn from Dec 1975 (Median) to 2017, with 43 observations. The data reached an all-time high of 128.479 USD bn in 2012 and a record low of 2.072 USD bn in 1991. KW: BOP: Current Account: Exports: Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank.WDI: Balance of Payments: Current Account. Exports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Gap-filled total; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 52,145.74 2016 | yearly | 1975 - 2016 |
View Kuwait's Kuwait KW: BOP: Current Account: Exports: Goods and Services from 1975 to 2016 in the chart:
Kuwait KW: BOP: Current Account: Exports: Goods, Services and Primary Income
KW: BOP: Current Account: Exports: Goods, Services and Primary Income data was reported at 82.651 USD bn in 2017. This records an increase from the previous number of 71.341 USD bn for 2016. KW: BOP: Current Account: Exports: Goods, Services and Primary Income data is updated yearly, averaging 22.847 USD bn from Dec 1975 (Median) to 2017, with 43 observations. The data reached an all-time high of 142.478 USD bn in 2012 and a record low of 8.165 USD bn in 1991. KW: BOP: Current Account: Exports: Goods, Services and Primary Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank: Balance of Payments: Current Account. Exports of goods, services and primary income is the sum of goods exports, service exports and primary income receipts. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Gap-filled total; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 71,340.70 2016 | yearly | 1975 - 2016 |
View Kuwait's Kuwait KW: BOP: Current Account: Exports: Goods, Services and Primary Income from 1975 to 2016 in the chart:
Kuwait KW: BOP: Current Account: Exports: Service
KW: BOP: Current Account: Exports: Service data was reported at 5.263 USD bn in 2017. This records a decrease from the previous number of 5.529 USD bn for 2016. KW: BOP: Current Account: Exports: Service data is updated yearly, averaging 1.494 USD bn from Dec 1975 (Median) to 2017, with 43 observations. The data reached an all-time high of 11.959 USD bn in 2008 and a record low of 520.632 USD mn in 1975. KW: BOP: Current Account: Exports: Service data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank: Balance of Payments: Current Account. Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Gap-filled total; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards. Manufacturing services on physical inputs owned by others (goods for processing in BPM5) and maintenance and repair services n.i.e. are reclassified from goods to services.
| Last | Frequency | Range |
|---|---|---|
| 5,529.10 2016 | yearly | 1975 - 2016 |
View Kuwait's Kuwait KW: BOP: Current Account: Exports: Service from 1975 to 2016 in the chart:
Kuwait KW: BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports
KW: BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports data was reported at 54.315 % in 2017. This records a decrease from the previous number of 56.922 % for 2016. KW: BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports data is updated yearly, averaging 18.576 % from Dec 1975 (Median) to 2017, with 43 observations. The data reached an all-time high of 65.078 % in 2009 and a record low of 5.810 % in 1979. KW: BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank: Balance of Payments: Current Account. Communications, computer, information, and other services cover international telecommunications; computer data; news-related service transactions between residents and nonresidents; construction services; royalties and license fees; miscellaneous business, professional, and technical services; personal, cultural, and recreational services; manufacturing services on physical inputs owned by others; and maintenance and repair services and government services not included elsewhere.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Weighted average; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 56.92 2016 | yearly | 1975 - 2016 |
View Kuwait's Kuwait KW: BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports from 1975 to 2016 in the chart:
Kuwait KW: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports
KW: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports data was reported at 14.851 % in 2017. This records an increase from the previous number of 10.027 % for 2016. KW: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports data is updated yearly, averaging 4.800 % from Dec 1993 (Median) to 2017, with 25 observations. The data reached an all-time high of 14.851 % in 2017 and a record low of 1.171 % in 2006. KW: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank.WDI: Balance of Payments: Current Account. Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Weighted average; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 10.03 2016 | yearly | 1975 - 2016 |
View Kuwait's Kuwait KW: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports from 1975 to 2016 in the chart:
Kuwait KW: BOP: Current Account: Exports: Service: Transport: % of Service Exports
KW: BOP: Current Account: Exports: Service: Transport: % of Service Exports data was reported at 24.885 % in 2017. This records an increase from the previous number of 22.191 % for 2016. KW: BOP: Current Account: Exports: Service: Transport: % of Service Exports data is updated yearly, averaging 67.358 % from Dec 1975 (Median) to 2017, with 43 observations. The data reached an all-time high of 76.821 % in 1975 and a record low of 20.741 % in 2013. KW: BOP: Current Account: Exports: Service: Transport: % of Service Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank: Balance of Payments: Current Account. Transport covers all transport services (sea, air, land, internal waterway, pipeline, space and electricity transmission) performed by residents of one economy for those of another and involving the carriage of passengers, the movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Also included are postal and courier services. Excluded are freight insurance (included in insurance services); goods procured in ports by nonresident carriers (included in goods); maintenance and repairs on transport equipment (included in maintenance and repair services n.i.e.); and repairs of railway facilities, harbors, and airfield facilities (included in construction).; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Weighted Average; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 22.19 2016 | yearly | 1975 - 2016 |
View Kuwait's Kuwait KW: BOP: Current Account: Exports: Service: Transport: % of Service Exports from 1975 to 2016 in the chart:
Kuwait KW: BOP: Current Account: Exports: Service: Travel: % of Service Exports
KW: BOP: Current Account: Exports: Service: Travel: % of Service Exports data was reported at 5.948 % in 2017. This records a decrease from the previous number of 10.860 % for 2016. KW: BOP: Current Account: Exports: Service: Travel: % of Service Exports data is updated yearly, averaging 8.170 % from Dec 1975 (Median) to 2017, with 43 observations. The data reached an all-time high of 32.474 % in 1981 and a record low of 2.152 % in 2008. KW: BOP: Current Account: Exports: Service: Travel: % of Service Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank.WDI: Balance of Payments: Current Account. Travel covers goods and services acquired from an economy by travelers for their own use during visits of less than one year in that economy for either business or personal purposes. Travel includes local transport (i.e., transport within the economy being visited and provided by a resident of that economy), but excludes international transport (which is included in passenger transport. Travel also excludes goods for resale, which are included in general merchandise.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Weighted average; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 10.86 2016 | yearly | 1975 - 2016 |
View Kuwait's Kuwait KW: BOP: Current Account: Exports: Service: Travel: % of Service Exports from 1975 to 2016 in the chart:
Kuwait KW: BOP: Current Account: Imports: Goods
KW: BOP: Current Account: Imports: Goods data was reported at 29.527 USD bn in 2017. This records an increase from the previous number of 26.562 USD bn for 2016. KW: BOP: Current Account: Imports: Goods data is updated yearly, averaging 7.237 USD bn from Dec 1975 (Median) to 2017, with 43 observations. The data reached an all-time high of 29.527 USD bn in 2017 and a record low of 2.400 USD bn in 1975. KW: BOP: Current Account: Imports: Goods data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank.WDI: Balance of Payments: Current Account. Goods imports refer to all movable goods (including nonmonetary gold) involved in a change of ownership from nonresidents to residents. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Gap-filled total; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 26,562.44 2016 | yearly | 1975 - 2016 |
View Kuwait's Kuwait KW: BOP: Current Account: Imports: Goods from 1975 to 2016 in the chart:
Kuwait KW: BOP: Current Account: Imports: Goods and Services
KW: BOP: Current Account: Imports: Goods and Services data was reported at 57.501 USD bn in 2017. This records an increase from the previous number of 52.910 USD bn for 2016. KW: BOP: Current Account: Imports: Goods and Services data is updated yearly, averaging 11.880 USD bn from Dec 1975 (Median) to 2017, with 43 observations. The data reached an all-time high of 57.501 USD bn in 2017 and a record low of 3.158 USD bn in 1975. KW: BOP: Current Account: Imports: Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank: Balance of Payments: Current Account. Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, nonmonetary gold, and services. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Gap-filled total; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 52,910.39 2016 | yearly | 1975 - 2016 |
View Kuwait's Kuwait KW: BOP: Current Account: Imports: Goods and Services from 1975 to 2016 in the chart:
Kuwait KW: BOP: Current Account: Imports: Goods, Services and Primary Income
KW: BOP: Current Account: Imports: Goods, Services and Primary Income data was reported at 60.156 USD bn in 2017. This records an increase from the previous number of 53.967 USD bn for 2016. KW: BOP: Current Account: Imports: Goods, Services and Primary Income data is updated yearly, averaging 12.865 USD bn from Dec 1975 (Median) to 2017, with 43 observations. The data reached an all-time high of 60.156 USD bn in 2017 and a record low of 3.289 USD bn in 1975. KW: BOP: Current Account: Imports: Goods, Services and Primary Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank.WDI: Balance of Payments: Current Account. Imports of goods, services and primary income is the sum of goods imports, service imports and primary income payments. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Gap-filled total; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 53,966.95 2016 | yearly | 1975 - 2016 |
View Kuwait's Kuwait KW: BOP: Current Account: Imports: Goods, Services and Primary Income from 1975 to 2016 in the chart:
Kuwait KW: BOP: Current Account: Imports: Service
KW: BOP: Current Account: Imports: Service data was reported at 27.974 USD bn in 2017. This records an increase from the previous number of 26.348 USD bn for 2016. KW: BOP: Current Account: Imports: Service data is updated yearly, averaging 5.090 USD bn from Dec 1975 (Median) to 2017, with 43 observations. The data reached an all-time high of 27.974 USD bn in 2017 and a record low of 758.536 USD mn in 1975. KW: BOP: Current Account: Imports: Service data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank: Balance of Payments: Current Account. Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Gap-filled total; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards. Manufacturing services on physical inputs owned by others (goods for processing in BPM5) and maintenance and repair services n.i.e. are reclassified from goods to services.
| Last | Frequency | Range |
|---|---|---|
| 26,347.95 2016 | yearly | 1975 - 2016 |
View Kuwait's Kuwait KW: BOP: Current Account: Imports: Service from 1975 to 2016 in the chart:
Kuwait KW: BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports
KW: BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports data was reported at 30.375 % in 2017. This records an increase from the previous number of 29.390 % for 2016. KW: BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports data is updated yearly, averaging 19.760 % from Dec 1975 (Median) to 2017, with 43 observations. The data reached an all-time high of 40.843 % in 1991 and a record low of 14.406 % in 2008. KW: BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank: Balance of Payments: Current Account. Communications, computer, information, and other services cover international telecommunications; computer data; news-related service transactions between residents and nonresidents; construction services; royalties and license fees; miscellaneous business, professional, and technical services; personal, cultural, and recreational services; manufacturing services on physical inputs owned by others; and maintenance and repair services and government services not included elsewhere.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Weighted Average; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 29.39 2016 | yearly | 1975 - 2016 |
View Kuwait's Kuwait KW: BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports from 1975 to 2016 in the chart:
Kuwait KW: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports
KW: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports data was reported at 5.619 % in 2017. This records an increase from the previous number of 4.262 % for 2016. KW: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports data is updated yearly, averaging 1.474 % from Dec 1975 (Median) to 2017, with 43 observations. The data reached an all-time high of 7.786 % in 2010 and a record low of 0.603 % in 1980. KW: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank: Balance of Payments: Current Account. Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Weighted Average; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 4.26 2016 | yearly | 1975 - 2016 |
View Kuwait's Kuwait KW: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports from 1975 to 2016 in the chart:
Kuwait KW: BOP: Current Account: Imports: Service: Transport: % of Service Imports
KW: BOP: Current Account: Imports: Service: Transport: % of Service Imports data was reported at 19.094 % in 2017. This records a decrease from the previous number of 19.525 % for 2016. KW: BOP: Current Account: Imports: Service: Transport: % of Service Imports data is updated yearly, averaging 29.941 % from Dec 1975 (Median) to 2017, with 43 observations. The data reached an all-time high of 55.831 % in 1977 and a record low of 18.867 % in 1991. KW: BOP: Current Account: Imports: Service: Transport: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank: Balance of Payments: Current Account. Transport covers all transport services (sea, air, land, internal waterway, pipeline, space and electricity transmission) performed by residents of one economy for those of another and involving the carriage of passengers, the movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Also included are postal and courier services. Excluded are freight insurance (included in insurance services); goods procured in ports by nonresident carriers (included in goods); maintenance and repairs on transport equipment (included in maintenance and repair services n.i.e.); and repairs of railway facilities, harbors, and airfield facilities (included in construction).; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Weighted Average; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 19.53 2016 | yearly | 1975 - 2016 |
View Kuwait's Kuwait KW: BOP: Current Account: Imports: Service: Transport: % of Service Imports from 1975 to 2016 in the chart:
Kuwait KW: BOP: Current Account: Imports: Service: Travel: % of Service Imports
KW: BOP: Current Account: Imports: Service: Travel: % of Service Imports data was reported at 44.913 % in 2017. This records a decrease from the previous number of 46.822 % for 2016. KW: BOP: Current Account: Imports: Service: Travel: % of Service Imports data is updated yearly, averaging 45.957 % from Dec 1975 (Median) to 2017, with 43 observations. The data reached an all-time high of 56.095 % in 1988 and a record low of 20.784 % in 1978. KW: BOP: Current Account: Imports: Service: Travel: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank: Balance of Payments: Current Account. Travel covers goods and services acquired from an economy by travelers for their own use during visits of less than one year in that economy for either business or personal purposes. Travel includes local transport (i.e., transport within the economy being visited and provided by a resident of that economy), but excludes international transport (which is included in passenger transport. Travel also excludes goods for resale, which are included in general merchandise.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Weighted Average; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 46.82 2016 | yearly | 1975 - 2016 |
View Kuwait's Kuwait KW: BOP: Current Account: Imports: Service: Travel: % of Service Imports from 1975 to 2016 in the chart:
Kuwait KW: BOP: Current Account: Net Trade: Goods
KW: BOP: Current Account: Net Trade: Goods data was reported at 25.648 USD bn in 2017. This records an increase from the previous number of 20.054 USD bn for 2016. KW: BOP: Current Account: Net Trade: Goods data is updated yearly, averaging 6.997 USD bn from Dec 1975 (Median) to 2017, with 43 observations. The data reached an all-time high of 95.401 USD bn in 2012 and a record low of -3.993 USD bn in 1991. KW: BOP: Current Account: Net Trade: Goods data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank.WDI: Balance of Payments: Current Account. Net trade in goods is the difference between exports and imports of goods. Trade in services is not included. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 20,054.20 2016 | yearly | 1975 - 2016 |
View Kuwait's Kuwait KW: BOP: Current Account: Net Trade: Goods from 1975 to 2016 in the chart:
Kuwait KW: BOP: Current Account: Net Trade: Goods and Services
KW: BOP: Current Account: Net Trade: Goods and Services data was reported at 2.937 USD bn in 2017. This records an increase from the previous number of -764.648 USD mn for 2016. KW: BOP: Current Account: Net Trade: Goods and Services data is updated yearly, averaging 4.044 USD bn from Dec 1975 (Median) to 2017, with 43 observations. The data reached an all-time high of 83.141 USD bn in 2012 and a record low of -8.091 USD bn in 1991. KW: BOP: Current Account: Net Trade: Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank.WDI: Balance of Payments: Current Account. Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| -764.65 2016 | yearly | 1975 - 2016 |
View Kuwait's Kuwait KW: BOP: Current Account: Net Trade: Goods and Services from 1975 to 2016 in the chart:
Kuwait KW: BOP: Current Account: Personal Remittances: Paid
KW: BOP: Current Account: Personal Remittances: Paid data was reported at 13.759 USD bn in 2017. This records a decrease from the previous number of 15.288 USD bn for 2016. KW: BOP: Current Account: Personal Remittances: Paid data is updated yearly, averaging 1.375 USD bn from Dec 1975 (Median) to 2017, with 43 observations. The data reached an all-time high of 18.128 USD bn in 2014 and a record low of 275.831 USD mn in 1975. KW: BOP: Current Account: Personal Remittances: Paid data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank: Balance of Payments: Current Account. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.; ; World Bank staff estimates based on IMF balance of payments data.; Sum; Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).
| Last | Frequency | Range |
|---|---|---|
| 15,287.57 2016 | yearly | 1975 - 2016 |
View Kuwait's Kuwait KW: BOP: Current Account: Personal Remittances: Paid from 1975 to 2016 in the chart:
Kuwait KW: BOP: Current Account: Personal Remittances: Received
KW: BOP: Current Account: Personal Remittances: Received data was reported at 22.952 USD mn in 2017. This records an increase from the previous number of 3.993 USD mn for 2016. KW: BOP: Current Account: Personal Remittances: Received data is updated yearly, averaging 4.516 USD mn from Dec 2010 (Median) to 2017, with 8 observations. The data reached an all-time high of 34.266 USD mn in 2015 and a record low of 2.614 USD mn in 2012. KW: BOP: Current Account: Personal Remittances: Received data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank: Balance of Payments: Current Account. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.; ; World Bank staff estimates based on IMF balance of payments data.; Sum; Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).
| Last | Frequency | Range |
|---|---|---|
| 3.99 2016 | yearly | 2010 - 2016 |
View Kuwait's Kuwait KW: BOP: Current Account: Personal Remittances: Received from 2010 to 2016 in the chart:
Kuwait KW: BOP: Current Account: Personal Remittances: Received: % of GDP
KW: BOP: Current Account: Personal Remittances: Received: % of GDP data was reported at 0.019 % in 2017. This records an increase from the previous number of 0.004 % for 2016. KW: BOP: Current Account: Personal Remittances: Received: % of GDP data is updated yearly, averaging 0.004 % from Dec 2010 (Median) to 2017, with 8 observations. The data reached an all-time high of 0.030 % in 2015 and a record low of 0.002 % in 2012. KW: BOP: Current Account: Personal Remittances: Received: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank: Balance of Payments: Current Account. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.; ; World Bank staff estimates based on IMF balance of payments data, and World Bank and OECD GDP estimates.; Weighted Average; Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).
| Last | Frequency | Range |
|---|---|---|
| 0.00 2016 | yearly | 2010 - 2016 |
View Kuwait's Kuwait KW: BOP: Current Account: Personal Remittances: Received: % of GDP from 2010 to 2016 in the chart:
Kuwait KW: BOP: Current Account: Personal Transfers: Receipts
KW: BOP: Current Account: Personal Transfers: Receipts data was reported at 0.000 USD mn in 2004. This stayed constant from the previous number of 0.000 USD mn for 2003. KW: BOP: Current Account: Personal Transfers: Receipts data is updated yearly, averaging 0.000 USD mn from Dec 1975 (Median) to 2004, with 24 observations. KW: BOP: Current Account: Personal Transfers: Receipts data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank: Balance of Payments: Current Account. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Sum; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 0.00 2014 | yearly | 1975 - 2014 |
View Kuwait's Kuwait KW: BOP: Current Account: Personal Transfers: Receipts from 1975 to 2014 in the chart:
Kuwait KW: BOP: Current Account: Primary Income: Net
KW: BOP: Current Account: Primary Income: Net data was reported at 19.559 USD bn in 2017. This records an increase from the previous number of 18.138 USD bn for 2016. KW: BOP: Current Account: Primary Income: Net data is updated yearly, averaging 5.867 USD bn from Dec 1975 (Median) to 2017, with 43 observations. The data reached an all-time high of 19.559 USD bn in 2017 and a record low of 1.152 USD bn in 1975. KW: BOP: Current Account: Primary Income: Net data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank.WDI: Balance of Payments: Current Account. Net primary income refers to receipts and payments of employee compensation paid to nonresident workers and investment income (receipts and payments on direct investment, portfolio investment, other investments, and receipts on reserve assets). Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 18,138.39 2016 | yearly | 1975 - 2016 |
View Kuwait's Kuwait KW: BOP: Current Account: Primary Income: Net from 1975 to 2016 in the chart:
Kuwait KW: BOP: Current Account: Primary Income: Payments
KW: BOP: Current Account: Primary Income: Payments data was reported at 2.654 USD bn in 2017. This records an increase from the previous number of 1.057 USD bn for 2016. KW: BOP: Current Account: Primary Income: Payments data is updated yearly, averaging 793.112 USD mn from Dec 1975 (Median) to 2017, with 43 observations. The data reached an all-time high of 3.932 USD bn in 2007 and a record low of 123.124 USD mn in 1976. KW: BOP: Current Account: Primary Income: Payments data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank: Balance of Payments: Current Account. Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments). Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Sum; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 1,056.56 2016 | yearly | 1975 - 2016 |
View Kuwait's Kuwait KW: BOP: Current Account: Primary Income: Payments from 1975 to 2016 in the chart:
Kuwait KW: BOP: Current Account: Primary Income: Receipts
KW: BOP: Current Account: Primary Income: Receipts data was reported at 22.213 USD bn in 2017. This records an increase from the previous number of 19.195 USD bn for 2016. KW: BOP: Current Account: Primary Income: Receipts data is updated yearly, averaging 6.780 USD bn from Dec 1975 (Median) to 2017, with 43 observations. The data reached an all-time high of 22.213 USD bn in 2017 and a record low of 1.283 USD bn in 1975. KW: BOP: Current Account: Primary Income: Receipts data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank: Balance of Payments: Current Account. Primary income receipts refer to employee compensation paid to resident workers working abroad and investment income (receipts on direct investment, portfolio investment, other investments, and receipts on reserve assets). Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Sum; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 19,194.95 2016 | yearly | 1975 - 2016 |
View Kuwait's Kuwait KW: BOP: Current Account: Primary Income: Receipts from 1975 to 2016 in the chart:
Kuwait KW: BOP: Current Account: Secondary Income: Net
KW: BOP: Current Account: Secondary Income: Net data was reported at -14.904 USD bn in 2017. This records an increase from the previous number of -16.732 USD bn for 2016. KW: BOP: Current Account: Secondary Income: Net data is updated yearly, averaging -1.910 USD bn from Dec 1975 (Median) to 2017, with 43 observations. The data reached an all-time high of -536.959 USD mn in 1976 and a record low of -23.798 USD bn in 1991. KW: BOP: Current Account: Secondary Income: Net data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank: Balance of Payments: Current Account. Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| -16,732.04 2016 | yearly | 1975 - 2016 |
View Kuwait's Kuwait KW: BOP: Current Account: Secondary Income: Net from 1975 to 2016 in the chart:
Kuwait KW: BOP: Current Account: Secondary Income: Other Sectors: Payments
KW: BOP: Current Account: Secondary Income: Other Sectors: Payments data was reported at 13.784 USD bn in 2017. This records a decrease from the previous number of 15.258 USD bn for 2016. KW: BOP: Current Account: Secondary Income: Other Sectors: Payments data is updated yearly, averaging 1.406 USD bn from Dec 1975 (Median) to 2017, with 43 observations. The data reached an all-time high of 18.113 USD bn in 2014 and a record low of 275.831 USD mn in 1975. KW: BOP: Current Account: Secondary Income: Other Sectors: Payments data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank.WDI: Balance of Payments: Current Account. Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Sum; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 15,257.89 2016 | yearly | 1975 - 2016 |
View Kuwait's Kuwait KW: BOP: Current Account: Secondary Income: Other Sectors: Payments from 1975 to 2016 in the chart:
Kuwait KW: BOP: Current Account: Secondary Income: Receipts
KW: BOP: Current Account: Secondary Income: Receipts data was reported at 4.081 USD mn in 2017. This records an increase from the previous number of 3.850 USD mn for 2016. KW: BOP: Current Account: Secondary Income: Receipts data is updated yearly, averaging 1.982 USD mn from Dec 1975 (Median) to 2017, with 35 observations. The data reached an all-time high of 109.330 USD mn in 1993 and a record low of 0.000 USD mn in 2004. KW: BOP: Current Account: Secondary Income: Receipts data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank: Balance of Payments: Current Account. Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Sum; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 3.85 2016 | yearly | 1975 - 2016 |
View Kuwait's Kuwait KW: BOP: Current Account: Secondary Income: Receipts from 1975 to 2016 in the chart:
Kuwait KW: BOP: Current Account: Trade in Services: % of GDP
KW: BOP: Current Account: Trade in Services: % of GDP data was reported at 27.669 % in 2017. This records a decrease from the previous number of 28.741 % for 2016. KW: BOP: Current Account: Trade in Services: % of GDP data is updated yearly, averaging 20.843 % from Dec 1975 (Median) to 2017, with 43 observations. The data reached an all-time high of 55.249 % in 1991 and a record low of 10.638 % in 1975. KW: BOP: Current Account: Trade in Services: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank.WDI: Balance of Payments: Current Account. Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; Weighted average; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 28.75 2016 | yearly | 1975 - 2016 |