Key Developments in the Balance of Payments of the Stat | Market Intelligence API | Briefly NewsStream
Central Bank of KuwaitKWeconomicsImpact 56.4
Key Developments in the Balance of Payments of the State of Kuwait for the Year 2013*
24.04.14 Press Statement Key Developments in the Balance of Payments of the State of Kuwait for the Year 2013* Provisional data on the BOP of the State of Kuwait for 2013 indicate continued surpluses in the external balances. The Current Account (reflecting the outcome of transactions between the domestic economy and other economies encompassing goods, services, Primary Income "investment income", and Secondary Income "current transfers") realized a surplus of KD 20316 million (39.7% of 2012 GDP) during 2013 against KD 22062 million (43.1% of 2012 GDP) during 2012. The decline in the current account surplus mainly reflects the decrease in the surplus of the Balance on Goods (merchandise expo