Kuwait : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook


$21.96 billion (2011 est.)
$20.07 billion (2010 est.)


$104.3 billion (2011 est.)
$67.62 billion (2010 est.)

Inflation rate (consumer prices)

4.7% (2011 est.)
4% (2010 est.)

Unemployment rate

2.2% (2004 est.)

GDP - per capita (PPP)

$42,200 (2011 est.)
$40,100 (2010 est.)
$39,900 (2009 est.)
note: data are in 2011 US dollars

National product real growth rate

3.2% (2010 est.)
-4.6% (2009 est.)
8.5% (2008 est.)

Internet users

1.1 million (2009)

Telephones - mobile cellular

4.4 million (2009)

Population growth rate

note: this rate reflects a return to pre-Gulf crisis immigration of expatriates (2012 est.)


2,646,314 (July 2012 est.)
note: includes 1,291,354 non-nationals

Historical background

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.

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Economic overview

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.

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The Economist Intelligence Unit

Country Forecast Kuwait February 2015 Updater

Country Forecast Kuwait February 2015 Updater

  • $ 635
  • Country report
  • February 2015
  • by The Economist Intelligence Unit

The Economist Intelligence Unit expects the Al Sabah family to remain in power in 2015-19, with internal differences over the political succession likely to spill over into parliamentary affairs. Kuwait ...

  • Countries : Kuwait

PRS Group

Country Forecasts (Subscription, two issues per year, April & October)

Country Forecasts (Subscription, two issues per year, April & October)

  • $ 899
  • Country report
  • October 2014
  • by PRS Group

Country Forecasts is a 480-page perfect-bound volume published in April and October. This publication provides a four-page summary of forecasts and data for each of the 100 countries monitored by Political ...

  • Countries : World, South America, Asia, Europe, North America, Africa, Dominican Republic, Czech Republic, South Korea, Philippines, Guinea, Congo, Democratic Republic Of, Papua New Guinea, New Zealand, Australia, Venezuela, Argentina, United States, Nicaragua, Guatemala, El Salvador, Dominica, Costa Rica, United Kingdom, Switzerland, Netherlands, United Arab Emirates, Sri Lanka, Singapore, Saudi Arabia, Kazakhstan, Indonesia, Bangladesh, Azerbaijan, South Africa, Uruguay, Suriname, Paraguay, Guyana, Ecuador, Chile, Colombia, Bolivia, Brazil, Panama, Mexico, Jamaica, Honduras, Haiti, Canada, Ukraine, Sweden, Spain, Slovakia (slovak Republic), Russian Federation, Romania, Portugal, Poland, Norway, Italy, Ireland, Hungary, Greece, France, Germany, Finland, Denmark, Bulgaria, Belgium, Austria, Vietnam, Thailand, Taiwan, Syrian Arab Republic, Pakistan, Myanmar, Malaysia, Kuwait, Japan, Israel, India, China, Zimbabwe, Zambia, Tunisia, Sudan, Nigeria, Morocco, Libyan Arab Jamahiriya, Kenya, Ivory Coast (cote D'ivoire), Gabon, Ghana, Egypt, Cameroon, Botswana, Angola, Algeria, Oceania, Peru, Cuba, Oman, Iraq, Iran

Dun and Bradstreet (Altares)

D&B Country Insight Report: Kuwait

D&B Country Insight Report: Kuwait

  • $ 650
  • Country report
  • January 2015
  • by Dun and Bradstreet (Altares)

Report Summary If you are involved in cross-border business, developing relationships or identifying opportunities overseas, you are exposed to the risk associated with a country's overall political, economic ...

  • Countries : Kuwait

Oxford Economics

By Country Industry Forecasts > Kuwait

By Country Industry Forecasts > Kuwait

  • $ 250
  • Country report
  • December 2014
  • by Oxford Economics

Key Features: Broad Country and Industry Coverage. The service covers 68 countries across Europe, Asia, the Americas, the Middle East and Africa, where 85% of world business is conducted. Up to 85 manufacturing ...

  • Countries : Kuwait


Kuwait - ISA Country Report

Kuwait - ISA Country Report

  • $ 99
  • Country report
  • March 2015
  • by ISA

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 ...

  • Countries : Kuwait

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