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Macro - Country Economic Forecasts - Kuwait

Best Price Guarantee Length Publisher Published Date SKU
from $185 6 Pages Oxford Economics December, 2024 OFE19463547
Best Price Guarantee
Price from $185
Length 6 Pages
Publisher Oxford Economics
Published Date December, 2024
SKU OFE19463547

Macro - Country Economic Forecasts - Kuwait



We've cut our 2025 GDP growth forecast by 0.6ppts to 2.0%, to reflect another extension by OPEC+ of voluntary oil production cuts. The cartel has announced it will delay unwinding cuts until at least the end of Q1, due to concerns over weak demand. We think OPEC+ will extend until Q3 2025 and maintain our oil price forecast at an average of $72.6pb over 2025.


Kuwait: Weak oil sector continues to lower growth expectation
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

$185
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