GDP in Kuwait

Kuwait GDP | Economic News & Forecasts

Kuwait - GDP

Following 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

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.


Kuwait GDP Chart

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

Kuwait Facts

Exchange Rate0.300.07 %Oct 16
Stock Market6,6360.21 %Oct 16

Sample Report

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


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