DUBAI - Standard Chartered said it expects Saudi Arabia's gross domestic product to contract by 4.5% year on year in 2020 against a previous expectation of a 5% growth, mainly because of oil production cuts agreed among international crude producers.

The United Arab Emirates will see its GDP drop by 4.6% this year against a previous 1.4% growth estimate, the bank said in a statement.

Kuwait's GDP is expected to contract by 6.3%, against a previous 1% growth forecast, it said.

(Reporting by Davide Barbuscia; Editing by Alison Williams) ((Davide.Barbuscia@thomsonreuters.com; +971522604297; Reuters Messaging: davide.barbuscia.reuters.com@reuters.net))