VIVA Financial Performance and Shareholders' Structure
Population & Penetration
25
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 2017 at 201% and estimates
by VIVA shows that the penetration rate in Kuwait declined to reach 193% at the end of Dec 2018.
Kuwait Population (Million Person) & Penetration Rate (%)
5.0
250%
40
4.0
3.0
155%
150%
133%
227%
218%
220%
201%
193%
200%
189%
150%
4.5
4.6
2.0
93%
3.4
3.4
3.5
3.6
3.7
3.8
3.9
4.0
4.1
4.3
100%
3.2
10
57%
57%
50%
50%
0.0
T
20
0%
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
25
50
1.0
7
Investor Relations
50
75
100
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