Kuwait Ranks Fourth among the Gulf Economies

  • GCC Countries
  • 8 September 2022
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“C.E.O. World” magazine ranked the Kuwaiti economy as the fourth largest economy in the Gulf region in terms of GDP for the year 2022, while Kuwait ranked 59th among the global economies, with a GDP of $186.61 billion.

The Saudi economy ranked first in the Gulf and 18 globally with $1.04 trillion, followed by the UAE economy ranked 32 globally with $501.354 billion, and then Qatar ranked 53 globally with 225,716 billion.

Globally, the United States ranked first as the largest global economy in terms of GDP. China remained, according to the estimates of "CEO World", in second place and the only competitor to the United States for the first place. Japan ranked third, while Germany came as the largest economy in Europe and the fourth largest in the world, with a gross domestic product of about $4.2 trillion. Switzerland was the most prominent newcomer to the list of the twenty largest economies in the world, after displacing Taiwan from the twentieth place, while India removed Britain from the fifth place after it was ten years ago in the eleventh place.

Source (Al-Rai Kuwaiti Newspaper, Edited)

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