Analysis by Region - MENA


Attention: There is an updated edition available for this report.

We've raised our 2025 GDP growth forecast for Kuwait by 1ppt to 3.3% to reflect our more optimistic outlooks on both oil production and non-oil sector growth. OPEC+'s announcement of an earlier-than-expected unwinding schedule of oil production cuts and the recent approval of Kuwait's debt law were the two major reasons behind this upward revision.


Kuwait: A wave of reforms brings optimistic growth outlook
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

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