Kuwait vs Tuvalu: Current account balance
Current account balance over time
- Kuwait
- Tuvalu
How they compare
Tuvalu currently reports 40.0% against 22.7% in Kuwait, a difference of 17.3%.
That makes Tuvalu's figure about 1.8 times Kuwait's.
The two have swapped places 7 times across 23 shared years of data; in 2001 it was Kuwait ahead.
Kuwait ranks 3rd and Tuvalu ranks 1st of 200 countries.
Kuwait has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Kuwait | Tuvalu | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 29.7% | -21.9% | 51.6% | Kuwait |
| 2010s | 24.7% | -4.8% | 29.5% | Kuwait |
| 2020s | 27.2% | 21.0% | 6.2% | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Kuwait or Tuvalu?
- Tuvalu, at 40.0% against 22.7% in Kuwait as of 2023.
- What is the difference in current account balance between Kuwait and Tuvalu?
- 17.3%, with Tuvalu ahead.
- How many years of comparable data are there for Kuwait and Tuvalu?
- 23 years are reported by both, from 2001 to 2023.
- How do Kuwait and Tuvalu rank globally for current account balance?
- Kuwait ranks 3rd and Tuvalu ranks 1st of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.