Wednesday 24 April 2024
 
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kuwait GDP

Non-oil sector drives Kuwait’s GDP to $175bn

Kuwait’s non-oil sector grew a strong 10.6 per cent in 2013, driving the country’s nominal GDP to KD49.8 billion ($175.4 billion), a growth of 2.3 per cent over the previous year, according to national accounts data. T

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Kuwait's GDP to slow as oil prices fall

Kuwait will see slower economic growth in 2009 due to falling oil prices and a weakening global economy as the Opec member makes slow progress with diversifying its economy away from energy, EFG-Hermes said. The only Gulf state without a d

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Kuwait budget surplus down 21pc

Kuwait's budget surplus shrank 21 per cent to KD5.7 billion ($19.8 billion) during the fiscal year 2006/07 compared to the previous year, after the allocation of 10 per cent of revenues to the Reserve Fund for Future Generations (RFFG). Ac

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