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 |