Imports$21.96 billion (2011 est.)
Exports$104.3 billion (2011 est.)
Inflation rate (consumer prices)4.7% (2011 est.)
Unemployment rate2.2% (2004 est.)
GDP - per capita (PPP)$42,200 (2011 est.)
National product real growth rate3.2% (2010 est.)
Internet users1.1 million (2009)
Telephones - mobile cellular4.4 million (2009)
Population growth rate1.883%
Population2,646,314 (July 2012 est.)
Britain oversaw foreign relations and defense for the ruling Kuwaiti AL-SABAH dynasty from 1899 until independence in 1961.
Kuwait was attacked and overrun by Iraq on 2 August 1990.
Following several weeks of aerial bombardment, a US-led, UN coalition began a ground assault on 23 February 1991 that liberated Kuwait in four days....
Kuwait has a geographically small, but wealthy, relatively open economy with self-reported crude oil reserves of about 102 billion barrels - about 9% of world reserves.
Petroleum accounts for nearly half of GDP, 95% of export revenues, and 95% of government income.
Kuwaiti officials have committed to increasing oil production to 4 million barrels per day by 2020....
The Economist Intelligence Unit
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This report contains detailed forecasts and analysis for Kuwait, including trade and investment analysis, economic forecasts, political risk assessments and demographic trend analysis. Each ISA Country ...
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