Kuwait
General information
Capital: Kuwait City
Currency unit: Kuwaiti dinar
Area: 17,820 km²
Total population: 4,897,260
GDP (millions of US dollars): 160,227
GDP per capita, PPP (current international US dollars): 52,444
Production
Agriculture (% of GDP): 0.4 %
Manufacture (% of GDP): 7.1 %
Industry excluding manufacture (% of GDP): 43.3 %
Services (% of GDP): 49.2 %
Trade
Total exports (millions of US dollars): 89,710
Total imports (millions of US dollars): 61,521
Main exported goods (% of total exports):
Petroleum oils, oils from bitumin. materials, crude (42.5 %)
Petroleum oils or bituminous minerals (37.8 %)
Liquefied propane and butane (5.5 %)
Hydrocarbons & halogenated, nitr. derivative (3.1 %)
Motor vehicles for the transport of persons (1.6 %)
Price competitiveness
This section brings together various indicators related to the price dimension of countries’ competitiveness. These indicators include both measures of external price competitiveness (the price ratio between domestic and foreign goods in international markets) and internal price competitiveness (the price ratio between tradable and non-tradable domestic goods). All these indices are calculated for each country relative to a base year and constructed such that an increase in the index corresponds to a decline in the country’s price competitiveness.
| Kuwait | ||
|---|---|---|
| Price competitiveness | - | |
| Nominal Effective Exchange Rate Kuwait: 111 | 111 | |
| Real Effective Exchange Rate Kuwait: 106 | 106 | |
| Internal Real Exchange Rate Kuwait: 120 | 120 |