General profile: Kuwait

GENERAL INFORMATION FOR 2017
Population
Population
Exchange rates
Exchange rate
GDP
GDP
4.137 Millions
0.303 KWD/US$
118 361 Millions current US$
Land area
Land area ¹
CPI growth (%)
CPI growth
GDP growth
GDP growth
(m) 17 820 km²
2.17 %
-3.20 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+18.7 %
Merchandise exports growth rate in 2017
Total merchandise trade
(millions of US$)
2005
2010
2015
2017
Merchandise exports
44 869
69 978
54 122
54 924
Merchandise imports
15 801
22 675
30 963
33 599
Merchandise trade balance
29 067
47 303
23 159
21 326
Export structure by product group in 2017
(as % of total exports)
3 %3 %16 %16 %80 %80 %
Top 5 partners in 2017
(exports, millions of US$)
9 5749 2156 4675 9963 2799 5749 2156 4675 9963 279
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services ²
(millions of US$)
2005
2010
2015
2017
Services exports
4 775
9 009
6 056
(e) 5 163
Services imports
8 715
15 785
23 796
(e) 28 566
Services trade balance
-3 940
-6 775
-17 741
(e) -23 403
Services exports by main category ²
(as % of total services)
2005
2010
2015
2017
Transport
47.3
46.9
27.2
(e) 25.8
Travel
3.5
3.2
8.3
(e) 5.7
Other services
49.2
49.9
64.5
(e) 68.5
TRADE INDICES
More data on UNCTADstat
206206176176201201356356396396402402343343258258203203323323250250239239201201133133104104808083831001001421421191191381382182182272272262262232231841841521522272271831831791791601601191191011018888909010010020617620135639640234325820332325023920113310480831001421191382182272262231841522271831791601191018890100
ECONOMIC TRENDS
More data on UNCTADstat
-3.2 %
Gross domestic product growth rate in 2017
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2017
GDP, current
80 798
115 416
114 059
118 361
GDP per capita, current US$
35 490
38 497
28 980
28 614
Real GDP growth, y-on-y, %
10.61
-2.37
1.85
-3.20
Current account balance, % of GDP
37.22
32.05
7.53
6.55
Exchange rate (/US$)
0.292
0.287
0.301
0.303
GDP by expenditure in 2016
(as % of total GDP)
42.927.726.150.347.142.927.726.150.347.1
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+6.9 %
FDI outflows as % of GDP in 2017
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2017
FDI inflows
233.90
1 304.63
310.55
300.53
FDI outflows
5 141.78
5 889.84
5 367.12
8 112.39
Personal remittances, % of GDP
..
0.00
0.03
0.00
Financial flows trends
(millions of US$)
4.24.24.04.034.334.33.83.84.24.22.62.65.65.64.83013014194193113119539531 4341 4342 8732 8733 2593 2591 3051 3051 1141 114-6-61121121211212342342424-67-6744-112-11216164.24.034.33.84.22.65.63014193119531 4342 8733 2591 3051 114-611212123424-674-11216FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators ²
(as % and index)
2005
2010
2015
2017
Balance, % of GDP
32.56
35.34
8.99
(e) 3.50
Balance, % of imports
110.69
115.36
20.05
(e) 7.16
Normalized balance
0.356
0.366
0.091
(e) 0.035
Trade openness ²
(sum of imports and exports as % of GDP)
101959910097100100979393929091
LABOUR FORCE
More data on UNCTADstat
Labour force by gender in 2017
(as % of total labour force, all sectors)
Male
76%Male 76%Female
24%Female 24%
OTHER INDICATORS
More data on UNCTADstat
0.269 %
Share of the total world merchant fleet in 2017
Maritime transport indicators
 
2005
2010
2015
2017
Merchant fleet, national flag (thousands of DWT)
3 811
3 856
5 361
5 009
Liner shipping connectivity index (maximum 2004 = 100 for China)
6.77
8.31
8.89
11.89
Container port throughput (TEU)
..
950 000
1 035 000
1 317 707
Information economy indicators
(as % of)
2005
2010
2015
2017
Share of ICT goods, % of total exports
..
0.16
0.16
..
Share of ICT goods, % of total imports
..
6.60
7.63
..
Share of workforce involved in the ICT sector
..
..
..
..
Source: UNCTADstat (http://unctadstat.unctad.org)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
m
Estimated. Data refers to 2013.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
Not available or not separately reported
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in UNCTADstat.
Generation date: 19 November 2018