GDP in Kuwait

Kuwait GDP | Economic News & Forecasts

Kuwait - GDP

Kuwait is among the countries that are suffering the most from lower oil output and prices. The extension of the OPEC deal in May is expected to result in a contraction of Kuwait’s oil sector this year, which accounts for more than 55% of the country’s total output. The decline in the country’s hydrocarbon sector is weighing heavily on the economy and comes despite a favorable performance by the non-oil sector. Both government and private sector credit expanded in the January-to-April period and should, coupled with improved consumer confidence, provide a boost to private consumption this year.

Kuwait - GDP Data

2012  2013  2014  2015  2016  
Economic Growth (GDP, annual variation in %)6.6  1.2  0.5  1.9  -     

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Kuwait GDP Chart


Kuwait GDP
Note: Annual variation of gross domestic product (GDP) in %.
Source: Central Bank of Kuwait.

Kuwait Facts

ValueChangeDate
Exchange Rate0.30-0.12 %Aug 17
Stock Market6,8860.46 %Aug 17

Sample Report

Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.

Download

Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

    Search form