Kuwait

  • Key Indicators

    Summary Statistics
    Region: Western Asia      
    Surface Area (sq. km): 17818             
    Population 2023: 4,310,108  
    Capital city 2015: Kuwait City        
    Currency: Kuwaiti Dinar (KWD) 
     

    Description 2021 2022 2023
    National Accounts
    Real GDP Growth (annual percent change) 1.3 8.7 2.6
    GDP (current prices, billions of US$) 135.76 183.57 172.59
    GDP per capita (current prices, $US per capita) 28,665.17 38,123.22 35,255.07
    Inflation rate, average consumer prices (annual % change) 3.40 4.30 2.40
    Trade
    Imports in Services (current prices, millions of $US) 20,675    
    Exports in Services (current prices, millions of $US) 10,838    
    Merchandise Imports (current prices, millions of $US) 31,889    
    Merchandise Exports (current prices, millions of $US) 63,128    
    Gas + Petrol Imports (in thousands of $US) 182,687    
    Gas + Petrol Exports (in thousands of $US) 53,161,293    
    BOP (BALANCE OF PAYMENTS)
    Current account, balance (billions of $US) 22.141 53.328 39.612
    Current account, balance (% of GDP) 16.3 29.1 23
    FINANCE
    General government net lending/borrowing (% of GDP) -0.4 14.1 14.1
    General government gross debt (% of GDP) 8.7 7.1 6.9
    EMPLOYMENT & SOCIAL INDICATORS
    Population 4,250,114 4,268,873 4,310,108
    Unemployment, total (% of total labor force) 2.82    

     

Get an annual subscription in Al-Omran Al-Arabi Magazine

SUBSCRIBE NOW