Kuwait Crude Oil Production - Forecast

Crude Oil Production in Kuwait is expected to be 2699.89 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Kuwait to stand at 2699.31 in 12 months time. In the long-term, the Kuwait Crude Oil Production is projected to trend around 2699.33 BBL/D/1K in 2020, according to our econometric models.


Kuwait Crude Oil Production
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Kuwait Trade Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade 2310 2261 2160 2096 2131 1867
Exports 4936 4905 4847 4848 4862 4861
Imports 2626 2644 2687 2711 2730 2994
Current Account 1108 1436 1758 2038 2281 3940
Current Account to GDP 1.97 5.7 5.7 5.7 7.2 9.8
Capital Flows -1645 -5747 -3361 -976 -447 -7040
Tourist Arrivals 7055 6550 6625 6700 6675 6300
Gold Reserves 79 78.97 78.97 78.97 78.97 78.97
Crude Oil Production 2700 2700 2699 2699 2699 2699
Terrorism Index 3.8 2.99 2.86 2.73 2.33 0
Tourism Revenues 831 13239 13218 13196 13255 12844
Foreign Direct Investment 8 19 19 19 19 19