Kuwait Crude Oil Production - Forecast

Crude Oil Production in Kuwait is expected to be 2707.23 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 2708.13 in 12 months time. In the long-term, the Kuwait Crude Oil Production is projected to trend around 2708.11 BBL/D/1K in 2020, according to our econometric models.


Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Kuwait Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade 2310 2160 2096 2131 2108 1867
Exports 4936 4847 4848 4862 4864 4861
Imports 2626 2687 2711 2730 2756 2994
Current Account 1680 2098 2033 1888 1726 1678
Current Account to GDP 1.97 5.7 5.7 7.2 7.2 9.8
Capital Flows -6649 -3240 -3858 -3596 -3335 -3461
Remittances 1029 989 1000 990 989 992
Tourist Arrivals 7055 6725 6700 6650 6600 6100
Gold Reserves 79 78.97 78.97 78.97 78.97 78.97
Crude Oil Production 2800 2707 2708 2708 2708 2708
Terrorism Index 3.8 2.86 2.73 2.33 1.93 0
Tourism Revenues 831 832 833 833 833 833
Foreign Direct Investment 1 36.56 24.34 35.78 29.56 37.72