View the Moody's Analytics Global Forecast. The global economy will slow in 2023, but recession odds have receded slightly. China’s reopening, a mild European winter, and a resilient U.S. labour market are reasons for optimism. The assumption that the global wave of monetary policy tightening being near its end is predicated on inflation continuing to cool over 2023; risks of reaccelerating inflation are nontrivial. The global economy will...
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) | Nov 2022 | 126.7 | 126.4 | Index 2013=100, NSA | Monthly |
Wholesale Price Index | Sep 2022 | 144.1 | 144 | 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 |
Balance of Goods | 2022 Q1 | 424.6 | 441 | Mil. KWD, NSA | Quarterly |
Exports of Goods | 2022 Q1 | 297.4 | 289.2 | Mil. KWD, NSA | Quarterly |
Imports of Goods | 2022 Q1 | 127.2 | 151.9 | Mil. KWD, NSA | Quarterly |
Current Account Balance | 2021 | -2,606 | 876.5 | Mil. KWD, NSA | Annual |
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 | 08 Feb 2023 | 4.44 | 4.44 | %, NSA | Daily |
Lending Rate | Jan 2023 | 4 | 3.5 | %, 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 |