Indicators of economy in Kuwait

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2019 was at about 11.181 US Dollar per capita. The GDP in Kuwait reached 32.000 US Dollar per capita. The gross national product has been at 33.590 US Dollar per capita. Kuwait is therefore currently ranked 58 of the major economies.

Inflation in Kuwait was in 2019 at around 1.09%. For the the EU, the average of the same was year at 1.63%.

Compared to Germany, the prices for convenience goods are approximately 23.60% lower.
The Corruption Perceptions Index for the public sector counts 40 and is compared to other countries bad.


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Unemployment rates in percent 1991 - 2020

Unemployment rates Kuwait

Economic performance 2019

 Kuwait
Total		Kuwait
per capita		EU
Total		EU
per capita
GDP134.63 bn USD32,000.45 USD15,626.45 tn USD30,381.17 USD
Gross national product138.99 bn USD33,036.04 USD16,026.52 tn USD31,158.99 USD


3 of the 2000 largest listed companies in the world originate from Kuwait. This is determined annually in the "Forbes Global 2000" list. The 3 largest companies in the country were in 2020:

Rank 677: National Bank of Kuwait (Kuwait City)
Rank 801: Kuwait Finance House (Kuwait City)
Rank 1408: Zain (Kuwait City)

Development of the Gross domestic product in billion US Dollar 1979 - 2019


GDP Kuwait
› Development of inflation
› Corruption in Kuwait
› Cost of living in a global comparison

Im- and Exports 2019

 Kuwait
Total		Kuwait
per capita		EU
Total		EU
per capita
Exports85.20 bn USD20,251.30 USD8,590.51 bn USD16,701.80 USD
Imports68.20 bn USD16,211.89 USD8,032.20 bn USD15,616.32 USD


Development of imports and exports in billion US dollars 1979 - 2019


Exports
Imports