ABK Strategic Overview and Financial Performance
Overview of Kuwait
Population
Nominal GDP (2019E)
Oil Revenues as % of GDP (2019 E)
Oil Reserves (2018)
Key Economic Indicators
4.4 million
USD 130 billion / KD 40 billion
الأهلي
авк
2
Rating
Outlook
STANDARD
44.7%
AA
Stable
& POOR'S
5th largest in the world at 101.5bn barrels;
more than 8% of the world's total oil
Fitch Ratings
AA
Stable
reserve
14.4%
MOODY'S
Aa2
Stable
Public Debt/GDP (2019E)
Sovereign Wealth Fund AUM
USD 592 billion
Stable Production, amongst the top 10 globally
2.9
2.9
2.9
3.0
2.7
2.7
2013
2014
2015
2016
2017
2018
Average Crude Oil production (millions bbl/day)
Current Account Balance (USD billions)
7.60
Kuwait
22.00
13.80
-5.10
2016
2017
2018 (P)
2019 (P)
Source: (1) Public Authority for Civil Information (2) Kuwait Central Statistical Bureau (3) Rating agencies (4) Organization for petroleum Exporting countries (5) Sovereign Wealth Fund Institute
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