(MENAFN- Arab Times) KUWAIT CITY, April 20: In parallel with the increase in the number of Kuwaitis and the drop in oil prices, Kuwait's GDP is on the downward trend since 2016/2017, reports Al-Qabas daily.
This indicator shows the share of Kuwaiti GDP per capita, reaching KD 28,692 in 2015/2014, rising to KD 29,558 in 2015/2016, and continued to rise in 2016/2017 to KD 31,124, and then decreased in 2017/2018 to KD 30,787, and on 31/12/2018 the per capita amounted to KD 27,996.
A recent report by the Audit Bureau confirmed that the per capita income (total population with expatriates) reached KD 9,606 in 2014/2015 and then decreased to KD 9,328 in 2015/2016 and continued to decline in 2016/2017 to KD 9,226, and in 2017 decreased to KD 8,728, and the per capita income was KD 8,499 on 31/12/2018.
MENAFN2004201900960000ID1098417335
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.