Personal economic situation
More than 1 in 5 respondents (22%) believe that their current financial position is better now than it was six months ago, while 40% believe that it has remained the same. On a positive note, almost 4 in 10 (38%) Kuwait respondents expect their financial situation to improve in the next six months, while 24% say that it will remain the same.
Considering the opinions on the future cost of living, the majority of respondents (83%) expect the cost of living to increase in the next six months. On the other hand, only 3% of them expect it to decrease. When asked about the situation of their current savings compared to last year’s, 20% of Kuwait respondents claim that their savings have increased, while 26% claim that savings have remained the same. 47%, however, believe that their savings have decreased in the same period.