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Kuwait GDP bounced back to 21% after crisis
- Kuwait: Monday, September 17 - 2012 at 12:27
Kuwait National Bank (NBK) has said the Gulf country's economy has bounced back reasonably well in the post-crisis period, saying that the growth in six out of eight non-oil sectors has been higher over the last three years than before the global financial crisis, Saudi Gazette has reported. Output rose by 21% per year on average between 2009 and 2011, only slightly below the pre-crisis average of 23% recorded during the boom years between 2002 and 2008, NBK said.
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