According to preliminary estimates for 2011, Kuwait's gross domestic product (GDP) rose by 29% to a record KD 44.4 billion, compared to KD 34.4 billion in 2010. (Chart 1.) This was led by a 47% surge in oil GDP to an all-time high of KD 28.7 billion, on the back of record high oil prices. (Chart 2.) This pushed...
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