
Oil-sector Contraction Drags Down Kuwait GDP In 2024
Kuwait's 2024 GDP Projected to Decline by 3.3%, Oil Sector Struggles Amid OPEC+ Cuts Kuwait's gross domestic product (GDP) is expected to decline by 3.3% in 2024, reaching KD49.1 billion, down from KD50.8 billion in 2023. This decline is mainly …