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    Kuwait Power Snapshot

    August 11, 2022 - Fitch Solutions Sector Intelligence


      THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources. Fitch Ratings analysts do not share data or information with Fitch Solutions Country Risk & Industry Research.

      Kuwait Power Snapshot

      • 11 Aug 2022
      • Kuwait
      • Power
      Country Snapshot: Economic And Demographic Data (Kuwait 2020-2025)
      Indicator 2020e 2021e 2022f 2023f 2024f 2025f
      Nominal GDP, USDbn 105.9 130.9 152.9 152.6 157.4 160.8
      Real GDP growth, % y-o-y -8.9 1.2 6.7 3.1 2.3 2.2
      GDP per capita, USD 24,809 30,238 34,899 34,454 35,182 35,585
      Population, mn 4.27 4.33 4.38 4.43 4.47 4.52
      e/f = Fitch Solutions forecast. Source: World Bank, Central Bank of Kuwait, Fitch Solutions
      Country Snapshot: Economic And Demographic Data (Kuwait 2026-2031)
      Indicator 2026f 2027f 2028f 2029f 2030f 2031f
      Nominal GDP, USDbn 165.3 170.7 176.8 183.2 189.4 194.3
      Real GDP growth, % y-o-y 2.0 2.2 2.5 2.5 2.3 1.5
      GDP per capita, USD 36,233 37,029 37,979 38,963 39,889 40,551
      Population, mn 4.56 4.61 4.66 4.70 4.75 4.79
      f = Fitch Solutions forecast. Source: World Bank, Central Bank of Kuwait, Fitch Solutions
      Country Snapshot: Power Sector
      Access to electricity, % of population 100.0
      Quality of electricity supply (score) 92.0/100
      Quality of electricity supply (rank) 74/124
      Source: World Economic Forum - Global Competitiveness Report 2019, World Bank, Fitch Solutions
      This report from Fitch Solutions Country Risk & Industry Research is a product of Fitch Solutions Group Ltd, UK Company registration number 08789939 ('FSG'). FSG is an affiliate of Fitch Ratings Inc. ('Fitch Ratings'). FSG is solely responsible for the content of this report, without any input from Fitch Ratings.


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