kuwait gdp (2005-2009) comparative analysis_v0.2
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Kuwait GDP (2005 to 2009) Comparative Analysis
By
KMBS Intake 15 – Group 1 Team:
Mrs. Alia Younis, ID: .
Mr. Khalid Al-Helo, ID: 1873.
Mrs. Leen Haddad, ID:.
Mr. Mohamed Shaker, ID:.
Table of Content
I. Document Version Control.........................................................................3
II. Abstract........................................................................................................4
III. Comparative Analysis for fiscal years 2004 & 2005..................................6
IV. Comparative Analysis for fiscal years 2005 & 2006..................................7
V. Comparative Analysis for fiscal years 2006 & 2007..................................8
VI. Comparative Analysis for fiscal years 2007 & 2008..................................9
VII. Comparative Analysis for fiscal years 2008 & 2009................................10
VIII. References (using Harvard Business School standards)............................11
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I. Document Version Control
Modification History
Date Version Prepared By Comments
8-Apr-2011 0.1 Khalid Al-Helo Tentative Template8-Apr-2011 0.2 Khalid Al-Helo Modified Template
Reviewers List
Date Version Reviewed By: Comments
Distribution List
Date Version Distributed To:
Dr. Salim
Meetings
Date Location Reference
05-Apr-2011 KMBS Cafeteria UEE-MOM-5-04-11.doc07-Apr-2011 KMBS Cafeteria UEE-MOM-7-04-11.doc
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II.Abstract
Kuwait is well known for its oil reserves “about 104 billion barrels, which is
approximately 10% of world reserves. Petroleum accounts for nearly half of GDP, 95%
of export revenues, and 80% of government income” (ProQuest 2009).
As per EIU ViewsWire analysis Kuwait is enjoying Excellent GDP per capita in
comparison with other GCC neighbours. Add to that, the level of inflation and
unemployment rate is under control which result in high degree of disposable income
“At an estimated US$40,900 in 2009, GDP per head in Kuwait (at purchasing power
parity rates) is high, even when compared with its rich Gulf Arab neighbours. Moreover,
it is expected to rise steadily over the next five years, on the back of high oil revenue, to
more than US$45,000 in 2014. Kuwaitis will thus continue to benefit from high levels of
disposable income during the forecast period. With inflation expected to average just
3%” (EIU ViewsWire 2010).
Based on CBK economic reports, Kuwait GDP for the Past 5 years could be summarized
as below:
Year GDP Growth Rate
2005 24477.8 39.70%
2006 29494.5 25%
2007 32586.3 10.6%
2008 39787.4 22.1%
2009 <need to filled> <need to filled>
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III. Comparative Analysis for fiscal years 2004 & 2005
GDP Breakdown 2004 2005
Value % Value %
Gov. Expenditure (G)
Private Consumption (C)
Investment (I)
Goods & Services Export (X)
Goods & Services Import (IM)
Balance of Payment (X_IM)
GDP
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IV. Comparative Analysis for fiscal years 2005 & 2006
GDP Breakdown 2005 2006
Value % Value %
Gov. Expenditure (G)
Private Consumption (C)
Investment (I)
Goods & Services Export (X)
Goods & Services Import (IM)
Balance of Payment (X_IM)
GDP
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V. Comparative Analysis for fiscal years 2006 & 2007
GDP Breakdown 2006 2007
Value % Value %
Gov. Expenditure (G)
Private Consumption (C)
Investment (I)
Goods & Services Export (X)
Goods & Services Import (IM)
Balance of Payment (X_IM)
GDP
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VI. Comparative Analysis for fiscal years 2007 & 2008
GDP Breakdown 2007 2008
Value % Value %
Gov. Expenditure (G)
Private Consumption (C)
Investment (I)
Goods & Services Export (X)
Goods & Services Import (IM)
Balance of Payment (X_IM)
GDP
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VII. Comparative Analysis for fiscal years 2008 & 2009
GDP Breakdown 2008 2009
Value % Value %
Gov. Expenditure (G)
Private Consumption (C)
Investment (I)
Goods & Services Export (X)
Goods & Services Import (IM)
Balance of Payment (X_IM)
GDP
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VIII. References (using Harvard Business School standards)
ProQuest (2009). Market analysis: Kuwait. 2009. International Securities Finance, June 1. [Online] available from: http://proquest.umi.com/pqdweb?did=1777732271&sid=3&Fmt=3&clientId=80800&RQT=309&VName=PQD (accessed April 9, 2011).
EIU ViewsWire (2010). Kuwait economy: Market opportunities. [online] available from: http://proquest.umi.com/pqdweb?did=2085902721&sid=4&Fmt=3&clientId=80800&RQT=309&VName=PQD (accessed April 9, 2011).
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