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Analysis by Region - MENA

Publisher Oxford Economics
Published Mar 31, 2025
Length 6 Pages
SKU # OFE19906800

Description

We've raised our 2025 GDP growth forecast for Kuwait by 1ppt to 3.3% to reflect our more optimistic outlooks on both oil production and non-oil sector growth. OPEC+'s announcement of an earlier-than-expected unwinding schedule of oil production cuts and the recent approval of Kuwait's debt law were the two major reasons behind this upward revision.

Table of Contents

6 Pages
Kuwait: A wave of reforms brings optimistic growth outlook
Forecast overview
Recent developments
Key drivers of our short-term forecast
Downside risks remain significant
Economic risk
Economic risk evaluation
Background
Economic development
Structure of the economy
Balance of payments
Policy and politics
How Do Licenses Work?
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