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181316

THE STRUCTURE OF THE GDP OF THE KUWAIT ECONOMY

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Last updated: 04 Jan 2025

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Abstract

The structure of the gross domestic product of the Kuwaiti economy consists of about 59% of the oil sector during the study period 2006-2019, as the added value of the GDP increased from about 29.6 million Kuwaiti dinars in 1995 to about 39.4 million dinars, with an increase of about 7.8 million dinars. K, with an increase of 26.4% and an annual growth rate of 20%, and the rest of the non-oil sectors of the national economy contribute about 40% of the GDP, which makes the Kuwaiti economy vulnerable to instability and fluctuations. Therefore, planning focuses on sectors that no longer have an activity by returning to take their role in the wheel of development and increasing the contribution of non-oil sectors such as agriculture, manufacturing industries, the financial sector, trade, banking and health by a greater percentage than the current contribution and by overcoming the problems and challenges facing the project as well as directing investments and implementing projects Conclusively, in the non-oil sectors to increase its contribution to production and added value, accelerate performance, improve productivity and employment.         

DOI

10.21608/jpd.2021.181316

Keywords

Structure Of Gdp, Kuwait Economy

Authors

First Name

Fayed

Last Name

Sarie

MiddleName

-

Affiliation

Department of Agricultural Economics, Faculty of Technology and Development, Zagazig University, Egypt

Email

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City

Faculty of Technology and Development, Zagazig University

Orcid

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First Name

Ibrahim

Last Name

Ismaiel

MiddleName

-

Affiliation

Department of Agricultural Economics, Faculty of Technology and Development, Zagazig University, Egypt

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City

Faculty of Technology and Development, Zagazig University

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Volume

26

Article Issue

2

Related Issue

26098

Issue Date

2021-04-01

Receive Date

2021-02-03

Publish Date

2021-04-01

Page Start

189

Page End

212

Print ISSN

1110-2543

Online ISSN

2682-3322

Article File

JPD_Volume 26_Issue 2_Pages 189-212.pdf

PDF . 669.9kB

Link

https://jpd.journals.ekb.eg/article_181316.html

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https://jpd.journals.ekb.eg/service?article_code=181316

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Original Article

Type Code

867

Publication Type

Journal

Publication Title

Journal of Productivity and Development

Publication Link

https://jpd.journals.ekb.eg/

MainTitle

THE STRUCTURE OF THE GDP OF THE KUWAIT ECONOMY

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Article

Created At

22 Jan 2023