Unemployment in Kuwait

Kuwait Unemployment | Economic News & Forecasts

Kuwait - Unemployment

Economic growth is likely to have been subdued in Q4 2018 on freefalling oil prices and a small drop in oil output. In brighter news, the government is on track to privatize certain sectors—including telecommunications, postal, and telephone services—as part of broader efforts to diversify the economy away from an overreliance on oil. This should help resolve debt issues and trim public expenditure by bringing down the government wage bill, while also encouraging Kuwaiti nationals to take up employment in the private sector.

Kuwait - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate2.6  2.9  2.2  2.1  2.1  

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Kuwait Unemployment Chart


Kuwait Unemployment
Note: Unemployment in % of active population.
Source: Central Statistical Bureau.

Kuwait Facts

ValueChangeDate
Exchange Rate0.30-0.05 %Mar 11

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