Surging commodity prices have sparked deeper cooperation among countries in the Middle East and North Africa, building greater regional self-sufficiency. Sanctions against Russia create openings for energy exporters to gain share in oil and gas markets. Windfall hydrocarbon revenues offer opportunities to invest in a more sustainable future. Throughout the Middle East and North Africa, a lack of economic diversification leaves the fortunes of many...
GDP | Reference | Last | Previous | Units | Frequency |
---|---|---|---|---|---|
Real Private Consumption | 2019 | 13,509 | 13,208 | Mil. 2010 KWD | Annual |
Government Consumption | 2019 | 10,429 | 9,620 | Mil. KWD | Annual |
Real Government Consumption | 2019 | 8,467 | 7,863 | Mil. 2010 KWD | Annual |
Private Consumption | 2019 | 17,100 | 16,593 | Mil. KWD | Annual |
Real Investment | 2019 | 8,976 | 9,212 | Mil. 2010 KWD | Annual |
Nominal Gross Domestic Product | 2019 | 41,349 | 41,731 | Mil. KWD | Annual |
Real Gross Domestic Product | 2019 | 39,504 | 39,723 | Mil. 2010 KWD | Annual |
Investment | 2019 | 10,344 | 10,561 | Mil. KWD | Annual |
Nominal Fixed Investment (gross fixed capital formation) | 2009 | 5,479,000,000 | 6,985,000,000 | NCU | Annual |
Price | Reference | Last | Previous | Units | Frequency |
Consumer Price Index (CPI) | Mar 2022 | 124.4 | 124.1 | Index 2013=100, NSA | Monthly |
Wholesale Price Index | Sep 2021 | 140.6 | 140.6 | Index 2007=100, NSA | Monthly |
Producer Price Index (PPI) | Mar 2017 | 120.99 | 120.9 | Index 2005=100 | Monthly |
Labor | Reference | Last | Previous | Units | Frequency |
Agriculture Employment | 2017 | 79,308 | 77,550 | # | Annual |
Trade | Reference | Last | Previous | Units | Frequency |
Current Account Balance | 2021 | -2,606 | 876.5 | Mil. KWD, NSA | Annual |
Exports of Goods | 2021 Q4 | 289.2 | 238.9 | Mil. KWD, NSA | Quarterly |
Balance of Goods | 2021 Q4 | 441 | 398.8 | Mil. KWD, NSA | Quarterly |
Imports of Goods | 2021 Q4 | 151.9 | 159.9 | Mil. KWD, NSA | Quarterly |
Real Exports of Goods and Services | 2019 | 22,905 | 25,464 | Mil. 2010 KWD | Annual |
Exports of Goods and Services | 2019 | 22,036 | 23,993 | Mil. KWD | Annual |
Real Imports of Goods and Services | 2019 | 14,355 | 16,025 | Mil. 2010 KWD | Annual |
Imports of Goods and Services | 2019 | 18,561 | 19,037 | Mil. KWD | Annual |
Real Net Exports | 2017 | 9,854 | 12,384 | Mil. 2010 KWD | Annual |
Net Exports | 2017 | 843.3 | -295.3 | Mil. KWD | Annual |
Government | Reference | Last | Previous | Units | Frequency |
Outstanding Public Debt | Jun 2016 | 1,737 | 1,587 | Mil. KWD, NSA | Monthly |
Government Budget Balance | Dec 2015 | -431.9 | 86 | Mil. KWD, NSA | Monthly |
Government Revenues | Dec 2015 | 961 | 996.7 | Mil. KWD, NSA | Monthly |
Government Expenditures | Dec 2015 | 1,392 | 910.7 | Mil. KWD, NSA | Monthly |
Markets | Reference | Last | Previous | Units | Frequency |
Money Market Rate | 27 Jun 2022 | 2.44 | 2.44 | %, NSA | Daily |
Lending Rate | May 2022 | 2 | 1.75 | %, NSA | Monthly |
Average Long-term Government Bond | May 2016 | 2 | 2.25 | %, NSA | Monthly |
Treasury Bills (over 31 days) | Apr 2012 | 0.76 | %, NSA | Monthly | |
Business | Reference | Last | Previous | Units | Frequency |
Real Change in Inventories | 2019 | 0 | 0 | KWD | Annual |
Change in Inventories | 2005 | 425.2 | 562.1 | Mil. KWD | Annual |
Demographics | Reference | Last | Previous | Units | Frequency |
Population | 2020 | 4,671 | 4,776 | Ths. persons, NSA | Annual |
Net Migration | 2017 | 100,000 | # | Annual | |
Death Rate | 2016 | 2.74 | 2.68 | # per Ths. pop. | Annual |
Birth Rate | 2016 | 16.42 | 16.87 | # per Ths. pop. | Annual |