Kuwait – Current Account Balance 1998
8.54%
−17.61% from 1997
Kuwait's current account balance was 8.54% in 1998, decreased +17.61% from 26.14% in 1997. This was the 140th highest in the G20.
G20 Ranking – 1998▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Eritrea | -39.27% | -5,531.3% |
| 2nd | Azerbaijan | -30.69% | -32.8% |
| 3rd | Angola | -28.70% | -148.4% |
| 4th | West Bank and Gaza | -25.53% | 38.0% |
| 5th | St. Vincent and the Grenadines | -24.70% | -6.6% |
| 6th | Kyrgyz Republic | -22.11% | -182.2% |
| 7th | Armenia | -21.98% | -7.3% |
| 8th | Lesotho | -21.89% | 4.5% |
| 9th | Oman | -19.72% | -2,044.1% |
| 10th | Moldova | -19.70% | -38.3% |
| 11th | Kenya | -18.68% | -36.8% |
| 12th | Grenada | -18.28% | -3.8% |
| 13th | Seychelles | -16.42% | -48.8% |
| 14th | Zambia | -16.12% | -281.2% |
| 15th | Nicaragua | -14.81% | 22.7% |
| 16th | Bahamas, The | -14.57% | -95.4% |
| 17th | São Tomé and Principe | -14.50% | -111.6% |
| 18th | Gabon | -13.28% | -233.2% |
| 19th | Congo, Republic of | -12.34% | -83.9% |
| 20th | St. Kitts and Nevis | -12.08% | 25.1% |
| 21st | Lithuania | -11.50% | -19.2% |
| 22nd | Cabo Verde | -11.21% | -85.1% |
| 23rd | Bahrain | -11.06% | -2,469.6% |
| 24th | Trinidad and Tobago | -10.65% | 0.4% |
| 25th | Latvia | -9.31% | -71.4% |
| 26th | Panama | -9.10% | -80.7% |
| 27th | Saudi Arabia | -8.95% | -4,967.4% |
| 28th | Sudan | -8.50% | -19.9% |
| 29th | Estonia | -8.43% | 22.6% |
| 30th | Bosnia and Herzegovina | -8.38% | – |
| 31st | Bolivia, Plurinational State of | -7.84% | -12.2% |
| 32nd | Guyana | -7.75% | 8.0% |
| 33rd | Myanmar | -7.65% | 12.3% |
| 34th | Georgia | -7.63% | 47.9% |
| 35th | Hungary | -7.63% | -69.0% |
| 36th | Ecuador | -7.50% | -362.4% |
| 37th | North Macedonia | -7.44% | -5.6% |
| 38th | Dominica | -7.15% | 48.7% |
| 39th | Slovak Republic | -7.09% | -0.7% |
| 40th | Iceland | -7.01% | -213.5% |
| 41st | Romania | -7.00% | -18.3% |
| 42nd | Ghana | -6.97% | -19.1% |
| 43rd | St. Lucia | -6.86% | 29.8% |
| 44th | Portugal | -6.76% | -19.3% |
| 45th | Mongolia | -6.72% | -216.8% |
| 46th | Belarus | -6.68% | -9.8% |
| 47th | Madagascar | -6.57% | -38.8% |
| 48th | Belize | -6.44% | -76.1% |
| 49th | Togo | -6.25% | -13.2% |
| 50th | Peru | -6.01% | -3.8% |
| 51st | Lao PDR | -5.98% | 49.3% |
| 52nd | Antigua and Barbuda | -5.92% | 8.2% |
| 53rd | Eswatini | -5.92% | -3,607.5% |
| 54th | Malta | -5.81% | 3.0% |
| 55th | Tanzania | -5.79% | -48.0% |
| 56th | Niger | -5.76% | 0.7% |
| 57th | Cambodia | -5.56% | 8.7% |
| 58th | Kazakhstan | -5.53% | -53.5% |
| 59th | Uganda | -5.52% | -9.7% |
| 60th | Burundi | -5.44% | -963.7% |
| 61st | Benin | -5.40% | 20.5% |
| 62nd | Guatemala | -5.36% | -50.4% |
| 63rd | Mali | -5.35% | -2.3% |
| 64th | Croatia | -5.29% | 48.8% |
| 65th | Sierra Leone | -4.94% | 23.4% |
| 66th | Colombia | -4.93% | 8.5% |
| 67th | Argentina | -4.84% | -16.9% |
| 68th | Chile | -4.78% | -12.0% |
| 69th | Australia | -4.44% | -62.7% |
| 70th | Brazil | -4.05% | -11.4% |
| 71st | Maldives | -4.05% | 40.7% |
| 72nd | Viet Nam | -3.95% | 30.7% |
| 73rd | Poland | -3.94% | -9.6% |
| 74th | Costa Rica | -3.81% | 0.2% |
| 75th | Senegal | -3.80% | -24.3% |
| 76th | Jamaica | -3.80% | 3.9% |
| 77th | Barbados | -3.77% | -17.5% |
| 78th | Fiji | -3.62% | -121.8% |
| 79th | Pakistan | -3.61% | -31.8% |
| 80th | Tunisia | -3.10% | -8.0% |
| 81st | Ukraine | -3.09% | -16.2% |
| 82nd | Egypt, Arab Republic of | -3.02% | -233.9% |
| 83rd | Guinea | -2.95% | -78.8% |
| 84th | Mexico | -2.87% | -95.9% |
| 85th | Albania | -2.50% | 78.9% |
| 86th | Honduras | -2.40% | 51.0% |
| 87th | United States | -2.37% | -44.6% |
| 88th | Czechia | -1.95% | 66.4% |
| 89th | Iran, Islamic Republic of | -1.94% | -199.8% |
| 90th | Uruguay | -1.87% | -56.2% |
| 91st | Israel | -1.67% | 53.0% |
| 92nd | India | -1.64% | -129.8% |
| 93rd | Dominican Republic | -1.56% | -91.8% |
| 94th | Sri Lanka | -1.44% | 44.8% |
| 95th | South Africa | -1.44% | -9.1% |
| 96th | Canada | -1.42% | -3.5% |
| 97th | Nepal | -1.38% | 82.5% |
| 98th | Cameroon | -1.33% | 75.3% |
| 99th | Spain | -1.17% | -733.1% |
| 100th | Denmark | -1.14% | -313.5% |
| 101st | Aruba | -1.13% | 91.2% |
| 102nd | El Salvador | -0.83% | 13.3% |
| 103rd | Libya | -0.77% | -115.0% |
| 104th | Nigeria | -0.55% | -760.9% |
| 105th | Slovenia | -0.54% | -319.9% |
| 106th | Germany | -0.47% | -33.4% |
| 107th | Bulgaria | -0.41% | -110.9% |
| 108th | United Kingdom | -0.32% | -255.2% |
| 109th | Morocco | -0.31% | -38.8% |
| 110th | Malawi | -0.17% | 97.6% |
| 111th | Bangladesh | -0.07% | 88.1% |
| 112th | Norway | 0.00% | -99.9% |
| 113th | Russian Federation | 0.03% | 112.7% |
| 114th | Mauritius | 0.08% | 103.7% |
| 115th | Jordan | 0.18% | -56.0% |
| 116th | Syrian Arab Republic | 0.38% | -88.0% |
| 117th | Türkiye | 0.72% | 172.5% |
| 118th | Haiti | 0.77% | 154.0% |
| 119th | Papua New Guinea | 1.25% | 162.2% |
| 120th | Paraguay | 1.42% | 125.9% |
| 121st | Italy | 1.58% | -39.1% |
| 122nd | Hong Kong SAR, China | 1.70% | – |
| 123rd | Solomon Islands | 1.77% | 124.6% |
| 124th | Philippines | 2.08% | 144.9% |
| 125th | Vanuatu | 2.20% | 131.0% |
| 126th | France | 2.52% | -3.4% |
| 127th | Japan | 2.80% | 31.7% |
| 128th | Cyprus | 2.84% | 164.9% |
| 129th | Netherlands | 2.97% | -50.5% |
| 130th | China | 3.03% | -20.6% |
| 131st | Sweden | 3.52% | 27.7% |
| 132nd | Botswana | 3.54% | -75.3% |
| 133rd | Mauritania | 3.80% | 64.7% |
| 134th | Namibia | 4.18% | 92.1% |
| 135th | Indonesia | 4.29% | 289.4% |
| 136th | Finland | 5.48% | 4.8% |
| 137th | Samoa | 7.46% | 133.2% |
| 138th | Switzerland | 8.30% | -3.3% |
| 139th | Djibouti | 8.53% | -19.5% |
| 140th | Kuwait | 8.54% | -67.3% |
| 141st | Korea | 10.10% | 650.2% |
| 142nd | Thailand | 12.53% | 722.8% |
| 143rd | Malaysia | 13.20% | 322.5% |
| 144th | Faroe Islands | 20.27% | – |
| 145th | Singapore | 21.79% | 40.0% |
HistorySaid – pattern alert
Kuwait matched the Export Boom Cycle pattern in 1998. Historically: 682 occurrences, 460 successful (67%). Outcome 24 months later: 4.7%. View full analysis →
Related
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Full ranking 1998
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Peak: 1979
Lowest: 1991
Current Account Balance 1990s
Current Account Balance 2000s
Current Account Balance 2010s
Current Account Balance 2020s
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