Official Name: | The State of Kuwait |
Sovereign Status: | Sovereign Country |
Government Type: | Constitutional Monarchy |
Official Name (Local Language): | Dawlat al Kuwayt |
ISO Country Codes: | KW : KWT |
Internet Domain: | .kw |
Government Web Site: | https://www.e.gov.kw/ |
Capital: | Kuwait City | Main Airports: | |
Language(s): | Arabic | Population: | 3,068,155 |
Currency: | Kuwaiti Dinar | ISO Currency Code: | KWD |
Telephone Dial In: | +965 | ID Prefix: | 00 |
Government Website: | https://www.e.gov.kw/ |
Sovereign Ratings: | https://countryeconomy.com/ratings/kuwait |
Central Bank: | Central Bank of Kuwait |
Currency USD Exchange Rate: | 0.3049 Kuwaiti dinars (KD) per US dollar (2020 est.) |
Unemployment Rate: | 1.1% (2017 est.) |
Population below poverty line: | NA |
Inflation Rate: | 1.5% (2017 est.) |
Prime Lending Rate: | 4.04% (Jun-20 - TradingEconomics) |
GDP: | $191.522 billion (2020 est.) |
GDP Pro Capita (PPP): | $43,900 (2020 est.) |
Currency Name: | Kuwaiti Dinar |
Currency Code: | KWD |
World Bank Classification: | High-Income Economy |
GDP Composition:
Agriculture: | 0.4% | fish |
Industry: | 59.6% | petroleum, petrochemicals, cement, shipbuilding and repair, water desalination, food processing, construction materials |
Services: | 40% |
Subject to Country Specific Sanctions? NO
The World Bank’s World Integrated Trade Solution
Business Language(s): | Arabic; English |
Customs & Excise: | General Administration of Customs |
Development Bank(s): | Kuwait Fund for Arab Economic Development; Islamic Development Bank; |
National Standards Bureau: | Public Authority for Industry |
Competitive Ind’l Performance: 73/180 (2021) | Corruption Perceptions Index: 77/180 (2022 Rank) |
Ease of Doing Business: N/A | Enabling Trade Index: 87/136 (2016) |
Global Trade Alert | Search ITC's Lega Carta |
Investment Agency: Kuwait Direct Investment Promotion Authority ;
N/A
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