Kuwait Crude Oil Production  Forecast


Kuwait Crude Oil Production
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Crude Oil Production in Kuwait is expected to be 2671.53 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 2558.46 in 12 months time. In the long-term, the Kuwait Crude Oil Production is projected to trend around 2317.15 BBL/D/1K in 2020, according to our econometric models.


Kuwait Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade 1472 1582 1608 1632 1666 1870
Exports 3906 3834 3826 3803 3783 3653
Imports 2433 2459 2446 2445 2441 2404
Current Account 269 401 725 1083 1427 3337
Current Account to GDP 2.71 4 5.7 5.7 19.59 9.8
Capital Flows -2189 -976 -447 81.56 610 -7251
Remittances 4492 5004 4890 4777 4664 4087
Tourist Arrivals 6941 6700 6625 6550 6475 6000
Gold Reserves 78.96 78.98 78.98 78.98 78.98 78.98
Crude Oil Production 2705 2672 2631 2594 2558 2317
Terrorism Index 3.8 1.59 1.77 1.94 2.12 0.19
Tourism Revenues 13148 13196 13255 13313 13372 13127
Foreign Direct Investment -5 74.44 73.97 96.74 105 122