Kuwait

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Economic Indicators

Economic forecasts - General economic indicators - Investments - Foreign trade

Economic forecasts

Indicators 2007 2008
GDP (USD billion) 103.367 114.539
GDP (constant prices, annual % change) 3.5 4.8
GDP per capita (USD) 32 259 34 537
Inflation rate (consumer prices, annual % change) 2.6 2.6

Source : IMF - World Economic Outlook Database

General economic indicators

Indicators 2004 2005 2006
GDP (USD billion)(1) 59.268 80.78 95.924
GDP (constants prices, annual % change)(1) 10.5 10 5
GPD per capita (USD)(1) 21523.209 27006.044 30984.222
Inflation (consumer prices, annual % change)(1) 1.3 4.1 2.8
Unemployment rate (%)(2)
External debt (USD billion)(3) 2107.013 2032.291 ..
Official exchange rate per USD (period average)(3) 0.2947 0.292 0.2901762

Source : (1) IMF - World Economic Outlook Database,
(2) ILO - Key Indicators of the Labour Market, (3) World Bank - World Development Indicators

GDP per activity sector 2004 2005 2006

Source : World Bank - World Development Indicators

Investments

Foreign Direct Investments 2004 2005 2006 World rank (*)
2006
FDI inflows (USD million) 24 250 110 136/141

Source : UNCTAD - World Investment Report
Note : (*) World Rank = UNCTAD Inward FDI Performance Index.
It is a measure of the extend to which a host country receives inward FDI relative to its economic size.
It is calculated as a ratio of the country's share in global FDI inflows to its share in global GDP.

Foreign Trade

General indicators

Indicators (USD billion) 2004 2005 2006
Imports of goods 11.66 15.67
Exports of goods 30.09 46.87
Trade balance 18.43 31.20
Current account 18.16 32.63

Source : World Bank - World Development Indicators

Indicators (%) 2004 2005 2006
Share of foreign trade in GDP 89.6 98.0
Share of imports of goods and services in GDP 32.5 30.4
Share of exports of goods and services in GDP 57.1 67.7
Imports of goods and services (annual % change) 10.1
Exports of goods and services (annual % change) 5.8

Source : World Bank - World Development Indicators

Trade in goods/services by major category

2005 Imports Exports
Total Trade in Goods (USD billion): 15.67 46.87
Agricultural raw materials .. ..
Food products .. ..
Hydrocarbons .. ..
Manufactured products (chemicals, machines,...) .. ..
Ores and metals .. ..

Source : World Bank - World Development Indicators

2005 Imports Exports
Total Trade in Services (USD billion): 6.1 2.1
Transport 36.1 84.7
Tourism 60.2 8.7

Source : World Bank - World Development Indicators

Trade Data, by HS Code
Import Statistics Export Statistics

Source : www.intracen.org, last available data

Trade by partner countries

Main Customers
(% of exports)
 
Japan 20,30%
USA 11,00%
Netherlands 5,50%
Main suppliers
(% of imports)
 
USA 10,60%
Germany 9,90%
Japan 9,60%
Saudi Arabia 6,50%
Italy 5,90%

Source : Comtrade, 2001.

Export Entreprises SA
Last update : January 2008
Next update : October 2008