GDP in Kuwait
Kuwait - GDPFollowing the government’s implementation of reforms focused on building up non-oil revenue sources and decreasing its vulnerability to oil price volatility, the country saved USD 3.3 billion in government expenditures in FY 2016. However, despite these efforts and the diversification goals set out in the New Kuwait plan, the non-hydrocarbon sector may not be strong enough to prevent a contraction in 2017. Meanwhile, continued political tensions in the region with Qatar could dampen trade and shift the political landscape in the Gulf, ultimately affecting coordinated projects in the region.
Kuwait - GDP Data
|Economic Growth (GDP, annual variation in %)||6.6||1.2||0.5||1.9||-|
5 years of economic forecasts for more than 30 economic indicators.
Kuwait GDP Chart
Source: Central Bank of Kuwait.
|Exchange Rate||0.30||0.07 %||Oct 16|
|Stock Market||6,636||0.21 %||Oct 16|
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