Crude Oil Production in Kuwait increased to 2384 BBL/D/1K in June from 2355 BBL/D/1K in May of 2021. source: Organization of the Petroleum Exporting Countries

Crude Oil Production in Kuwait averaged 2058.21 BBL/D/1K from 1973 until 2021, 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 July of 2021.

Crude Oil Production in Kuwait is expected to be 2700.00 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 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
2384.00 2355.00 3768.00 0.00 1973 - 2021 BBL/D/1K Monthly
NSA

Kuwait Trade Last Previous Highest Lowest Unit
Balance of Trade 838.10 1093.79 7065.90 25.30 KWD Million [+]
Current Account 3456.00 2355.00 18142.00 -908.00 KWD Million [+]
Current Account to GDP 0.80 16.40 54.57 -242.19 percent of GDP [+]
Imports 2314.40 2037.60 2807.00 440.00 KWD Million [+]
Exports 3152.40 3131.43 8855.40 647.50 KWD Million [+]
Capital Flows -7469.00 -7389.00 21172.00 -22337.00 KWD Million [+]
Remittances 1476.00 1404.00 1476.00 943.00 KWD Million [+]
Tourist Arrivals 8565.00 8508.00 8599.00 3899.00 Thousand [+]
Gold Reserves 78.97 78.97 104.51 13.00 Tonnes [+]
Crude Oil Production 2384.00 2355.00 3768.00 0.00 BBL/D/1K [+]
Terrorism Index 1.80 2.49 4.45 0.00 [+]
Tourism Revenues 1176.00 919.00 1176.00 286.00 USD Million [+]
Foreign Direct Investment -116.00 2.00 721.00 -116.00 KWD Million [+]