Kuwait

Continent

Asia

Capital

Kuwait City

Population

3,138,355

Sub-Zones

General Information

Basic details about Kuwait

Population:: 3,138,355
Area:: 17,818 sq km
Currency:: Kuwaiti dinars
Languages:: Arabic, English widely spoken

Economic Overview

Key economic indicators for Kuwait

GDP:: $225.481 billion
GDP per Capita:: $46,500
GDP Growth:: -3.64%
Inflation:: 3.64%
Unemployment:: 2.08%
Public Debt:: 20.6% of GDP
Credit Rating:: AA- (2020)

Political System

Governance structure of Kuwait

Government Type:: constitutional monarchy (emirate)
Head of State:: Amir MISHAL al-Ahmad al-Jabir al-Sabah (since 16 December 2023)
Head of Government:: Prime Minister AHMAD ABDULLAH Al-Ahmad al Sabah (since 15 May 2024)
Judiciary:: Constitutional Court (consists of 5 judges); Supreme Court or Court of Cassation (organized into several circuits, each with 5 judges)
Administrative Divisions:: 6 governorates (muhafazat, singular - muhafazah); Al Ahmadi, Al 'Asimah, Al Farwaniyah, Al Jahra', Hawalli, Mubarak al Kabir

Major Political Parties

Not specified

International Relations

Global position and alliances

UN Member:: Yes
UN Security Council:: Permanent member
EU Member:: Yes
Diplomatic Presence:: 2940 Tilden Street NW, Washington, DC 20008

Major Alliances and Organizations

Economic Sectors & Trade

Detailed economic breakdown

Major Economic Sectors

Agriculture

0.5% (2023 est.)

Industry

60.7% (2023 est.)

Services

51.3% (2023 est.)note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

Trade Volume

Exports:: $95.476 billion
Imports:: $63.43 billion

Major Trading Partners

China 25

India 13

Japan 13

Taiwan 7

UK 5

Economic Outlook

Kuwait has a -3.64% GDP growth rate with 3.64% inflation. The economy is characterized by a strong agriculture sector.