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The rise represented an addition of 582 million dinars compared with the 2.117 billion dinars recorded in the previous fiscal year, Al-Anba reported on September 29, 2025. Revenues from government services, fees and investment returns drove the increase as authorities worked to broaden the economic base. Natural gas revenues edged up to 343.5 million dinars from 339.7 million dinars a year earlier, the publication added.
Kuwait Times reported that non-oil GDP expanded 2.9 percent across 2025 as a whole even as it contracted in the fourth quarter. Official estimates placed fourth-quarter non-oil GDP 1.4 percent lower than the same period in 2024, with manufacturing falling 9.8 percent, the newspaper stated on May 6, 2026. Sectors such as hotels and restaurants, construction and transport posted the strongest gains for the year.
S&P Global data indicated sustained momentum in the non-oil private sector at the end of 2025. The Purchasing Managers’ Index reached 54 in December, up from 53.4 in November, marking 16 straight months of growth, according to a Times Kuwait article published January 6, 2026. New orders expanded at the quickest rate since May while production recorded its fastest increase in seven months.
Business optimism hit its highest level in two years as firms launched new products and conducted marketing campaigns, the survey found. Employment rose although the pace proved insufficient to prevent a record accumulation of backlogs, S&P Global noted. New export orders also contributed to the overall expansion in total new business.
The expansion continued in early 2026 with the PMI advancing to 54.5 in February from 53.0 in January, Gulf News reported on March 3, 2026. This reading represented the strongest improvement in operating conditions since November 2024 and extended the expansion streak to 18 months. Output growth accelerated while purchasing activity increased at a 15-month high.
Backlogs of orders climbed for a third successive month to a fresh record high, the survey showed. Capacity constraints, particularly in hiring enough staff to match demand, emerged as the main challenge for companies, S&P Global economist David Harker was quoted as saying in the report. Firms responded by lifting purchasing activity to secure materials ahead of further workload increases.
