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Analysis by Region - MENA

Publisher Oxford Economics
Published Sep 01, 2025
Length 6 Pages
SKU # OFE20418433

Description

We've lowered our 2025 GDP growth forecast for Kuwait by 0.1ppt to 4%. This minor revision reflects a slightly weaker oil production outlook, as Kuwait has adhered to OPEC+ guidelines by unwinding oil production cuts more gradually to offset previous overproduction. Nevertheless, we remain optimistic about Kuwait’s economic growth this year, supported by a faster easing of production cuts and robust credit expansion.

Table of Contents

6 Pages
Kuwait: Disciplined spending signals path towards fiscal sustainability
Forecast overview
Recent developments
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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