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205858

ANALYZING THE PERFORMANCE OF THE KUWAITI ECONOMY DURING THE ECONOMIC PLANS (2000 - 2019)

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Last updated: 04 Jan 2025

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Abstract

The research aims to measure the performance of some productive sectors in the Kuwaiti economy during the years 2000-2019, where the GDP achieved a growth rate of about 5.1%, and that the oil sector represented about 54%, and oil revenues represented 93% of the revenues, and the research indicated that the contribution of the agricultural sector It increased in the GDP, and the contribution of the oil sector declined due to the fluctuation in global oil prices, the manufacturing sector contributed about 5.9% of the GDP, the electricity and water sector increased its contribution to reach about 2.9%, the construction sector contributed about 2.5% and the contribution of the trade and retail sector about 4.5%.     The transportation and warehousing sector increased by 7.5%, and the financial intermediation and insurance sector increased to reach 9.97%, and it was shown that the share of all sectors in the GDP other than the oil sector increased, and it indicated that the total revenues increased to reach 92.8% from oil, and non-oil to 6.2%, and the value of the surplus increased from 10.1 billion d. KD in 2009 to about 15.3 billion in 2012, an increase in spending from 11.3% (in 2009/2010) to about 17 billion and an increase in the volume of capital formation. Conclusively, the research recommends the need to expand the agricultural sector because of its great importance in providing the population with agricultural food products and working to reduce imports. Keywords:

DOI

10.21608/jpd.2022.205858

Keywords

analyzing, performance, Kuwaiti Economy, Economic Plans, 2000 - 2019

Authors

First Name

Manal

Last Name

Mohamed

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, Egypt.

Orcid

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First Name

Ibrahim

Last Name

Ismail

MiddleName

-

Affiliation

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

Email

-

City

Faculty of Technology and Development, Zagazig University, Egypt.

Orcid

-

First Name

Ahmed

Last Name

Abu Al-Rous

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, Egypt.

Orcid

-

Volume

27

Article Issue

1

Related Issue

28818

Issue Date

2022-01-01

Receive Date

2021-10-17

Publish Date

2022-01-01

Page Start

67

Page End

90

Print ISSN

1110-2543

Online ISSN

2682-3322

Article File

JPD_Volume 27_Issue 1_Pages 67-90.pdf

PDF . 659.7kB

Link

https://jpd.journals.ekb.eg/article_205858.html

Detail API

https://jpd.journals.ekb.eg/service?article_code=205858

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5

Type

Original Article

Type Code

867

Publication Type

Journal

Publication Title

Journal of Productivity and Development

Publication Link

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

MainTitle

ANALYZING THE PERFORMANCE OF THE KUWAITI ECONOMY DURING THE ECONOMIC PLANS (2000 - 2019)

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Article

Created At

22 Jan 2023