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Analysis by Region - MENA

Publisher Oxford Economics
Published Aug 01, 2025
Length 6 Pages
SKU # OFE20317586

Description

We've kept our 2025 GDP growth forecast for Kuwait at 4.1%. Despite Q1 GDP growth coming in below expectations, we now anticipate a faster unwinding of oil production cuts, which will support stronger economic growth for the remainder of the year. Meanwhile, the continued strong credit expansion and easing downside risks related to fiscal liquidity and electricity shortages reinforce our positive outlook for non-oil economic growth.

Table of Contents

6 Pages
Kuwait: Solid Q1 GDP growth is just the start
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

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