Kuwait’s nominal GDP falls 21.2% in 2009

14 Aug 2010

(MENAFN) Kuwait’s nominal gross domestic product fell 21.2 percent last year, following a 22.7 percent rise in 2008, according to central bank data.

The nominal GDP of Kuwait, the world’s fourth largest oil exporter, dropped to $109.6 billion in 2009, from $140 in the previous year, the Central Bank of Kuwait said.

It is worth mentioning that Kuwait is the world’s fourth biggest producer.

More News

This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more

This site is registered on as a development site.