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Macro - Country Economic Forecasts - Kuwait

Publisher Oxford Economics
Published Dec 17, 2025
Length 6 Pages
SKU # OFE20686089

Description

Our GDP growth projections for Kuwait are unchanged at 3.4% in 2026 and 2.7% in 2027. We think the oil sector will continue to recover and expand by 4.2% next year. The non-oil economy is also entering 2026 on a strong footing, and we expect growth of 2.8%.

Table of Contents

6 Pages
Kuwait: Bearish oil price outlook to widen fiscal deficit
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Background
Economic development
Structure of the economy
Balance of payments
Policy and politics

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