Kuwait's GDP surges 29% in 2011 on rising oil prices
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Kuwait's GDP surges 29% in 2011 on rising oil prices

Jalīb aš Šuyūẖ : Kuwait | Aug 15, 2012 at 4:36 AM PDT
Source: Zawya Political
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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... FULL ARTICLE AT Zawya Political
 
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