Crude Oil Production in Kuwait decreased to 2088 BBL/D/1K in June from 2191 BBL/D/1K in May of 2020.

Crude Oil Production in Kuwait averaged 2053.01 BBL/D/1K from 1973 until 2020, reaching an all time high of 3768 BBL/D/1K in January of 1973 and a record low of 0 BBL/D/1K in February of 1991. This page provides the latest reported value for - Kuwait Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Kuwait Crude Oil Production - values, historical data and charts - was last updated on August of 2020. source: Organization of the Petroleum Exporting Countries

Crude Oil Production in Kuwait is expected to be 2600.00 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Kuwait to stand at 2700.00 in 12 months time. In the long-term, the Kuwait Crude Oil Production is projected to trend around 2700.00 BBL/D/1K in 2021 and 2800.00 BBL/D/1K in 2022, according to our econometric models.

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Kuwait Crude Oil Production

Actual Previous Highest Lowest Dates Unit Frequency
2088.00 2191.00 3768.00 0.00 1973 - 2020 BBL/D/1K Monthly
NSA

Kuwait Trade Last Previous Highest Lowest Unit
Balance of Trade 1760.00 2090.00 7065.90 25.30 KWD Million [+]
Current Account 1325.00 2817.00 18142.00 -908.00 KWD Million [+]
Current Account to GDP 8.90 12.70 54.57 -242.19 percent [+]
Imports 2250.00 2590.00 2807.00 440.00 KWD Million [+]
Exports 4010.00 4680.00 8855.40 647.50 KWD Million [+]
Capital Flows -7469.00 -7389.00 21172.00 -22337.00 KWD Million [+]
Remittances 1247.00 1071.00 1326.00 943.00 KWD Million [+]
Tourist Arrivals 7055.00 6941.00 8599.00 3899.00 Thousand [+]
Gold Reserves 79.00 78.97 80.51 78.72 Tonnes [+]
Crude Oil Production 2088.00 2191.00 3768.00 0.00 BBL/D/1K [+]
Terrorism Index 2.49 3.13 4.45 0.00 [+]
Tourism Revenues 936.00 643.00 936.00 286.00 USD Million [+]
Foreign Direct Investment 234.00 723.00 809.00 -27.00 KWD Million [+]