Kuwait's economy expands 8.7% in year - CSB

Mubasher: Kuwait's Gross Domestic Product (GDP) reached KWD 36.4 billion ($120 billion) in 2017, according to the Central Statistical Bureau (CSB).

This shows a growth rate of 8.7% at current prices, as reported by the Kuwait News Agency (KUNA).

The GDP at constant prices amounted to KWD 39.76 billion (131.2 billion) last year, decreasing by 2.9% year-on-year.

The fourth quarter of 2017 saw an economic growth rate of a staggering 7.1% year-on-year, and 3.2% quarter-on-quarter.

Mubasher Contribution Time: 28-Mar-2018 20:25 (GMT)
Mubasher Last Update Time: 28-Mar-2018 20:25 (GMT)