Kuwait GDP Annual Growth Rate
The Gross Domestic Product (GDP) in Kuwait expanded 0.82 percent in 2013 from the previous year. GDP Annual Growth Rate in Kuwait averaged 3.67 Percent from 1963 until 2013, reaching an all time high of 33.99 Percent in 1993 and a record low of -20.62 Percent in 1980. GDP Annual Growth Rate in Kuwait is reported by the Central Bank of Kuwait.
||1963 - 2013
Kuwait holds the world´s sixth biggest proven reserves of oil and oil extraction accounts for 40 percent of GDP. The services sector constitutes 30 percent of the output. Within services the largest segments are: community, social and personal services (11 percent of GDP); real estate and financial and business services (9 percent) and wholesale and retail trade and restaurants and hotels (8 percent). Manufacturing contributes for 23 percent of the wealth and construction and electricity, gas and water distribution for the remaining 7 percent. This page provides - Kuwait GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.