Macro - Country Economic Forecasts - Kuwait
Description
We've downgraded our 2026 forecast for GDP growth in Kuwait by 1.2ppts to 2.4%, primarily driven by the US-Israel conflict with Iran. However, this partly reflects historical data changes, which account for roughly 0.2ppts of our revisions. Our projection for oil production is now 1.7ppts lower at 2.6%, and we've cut our non-oil GDP growth forecast by 0.7ppts to 2.1%.
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