VIVA Competitive Strengths and Financial Overview
Population & Penetration
7
Kuwait population since 2010 is growing at the same level of 2.8% yearly and the growth is forecasted by IMF at 2.8% over the
next 5 years compared to almost 1% for the global population growth. This growth coupled with rising income levels will propel
growth in consumer spending.
Kuwait boasts the highest telecom penetration levels in the MENA region, which stood at the end of 2018 at 199% and estimates
by VIVA shows that the penetration rate in Kuwait increased to reach 202% at the end of June 2019.
Kuwait Population (Million Person) & Penetration Rate (%)
5.0
4.5
4.0
3.5
3.0
2.5
155%
150%
133%
250%
202%
228%
199%
220%
207%
218%
200%
189%
150%
2.0
250
4.2
4.3
4.5
4.6
93%
3.4
3.4
3.5
3.6
3.7
3.8
3.9
4.0
4.1
100%
1.5
3.2
1.0
57%
57%
50%
50%
0.5
0.0
0%
90
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
Jun-19
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