Kuwait vs Singapore: Current account balance as a share of GDP
Kuwait
29.1%
in 2024
Singapore
17.5%
in 2024
Kuwait rank
3rd
Singapore rank
5th
Current account balance as a share of GDP over time
- Kuwait
- Singapore
How they compare
Kuwait currently reports 29.1% against 17.5% in Singapore, a difference of 11.6%.
That makes Kuwait's figure about 1.7 times Singapore's.
The two have swapped places 4 times across 25 shared years of data; in 2000 it was Kuwait ahead.
Kuwait ranks 3rd and Singapore ranks 5th of 193 countries.
Kuwait has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Kuwait | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 30.6% | 19.3% | 11.3% | Kuwait |
| 2010s | 24.7% | 18.3% | 6.4% | Kuwait |
| 2020s | 27.6% | 18.2% | 9.4% | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance as a share of gdp, Kuwait or Singapore?
- Kuwait, at 29.1% against 17.5% in Singapore as of 2024.
- What is the difference in current account balance as a share of gdp between Kuwait and Singapore?
- 11.6%, with Kuwait ahead.
- How many years of comparable data are there for Kuwait and Singapore?
- 25 years are reported by both, from 2000 to 2024.
- How do Kuwait and Singapore rank globally for current account balance as a share of gdp?
- Kuwait ranks 3rd and Singapore ranks 5th of 193 countries.
- Where does this data come from?
- International Monetary Fund – processed by Our World in Data, published as Current account balance as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Current account balance as a proportion of GDP (%).