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Economic indicators

Economic indicators | Foreign Trade in figures | Sources of general economic information

Economic indicators

 
Main indicators 2009201020112012 (e)2013 (e)
GDP (billions USD) 109.46e132.57e171.07e176.63188.05
GDP (constant prices, annual % change) -5.2e3.4e5.7e4.55.1
GDP per capita (USD) 31,410.61e37,009.26e46,460.75e46,669.9548,341.82
Inflation rate (%) 4.04.1e6.2e3.43.2
Current Account (billions USD) 25.88e36.88e57.23e53.6255.03
Current Account (in % of GDP) 23.6e27.8e33.5e29.3-

Source: IMF - World Economic Outlook Database ; World Bank

Note: (e) Estimated data

 
Breakdown of economic activity by sector Agriculture Industry Services
Value added (annual % change) 8.8 16.7 17.9
Value added (in % of GDP) 0.5 51.0 48.5
Employment by sector (in % of total employment) 2.7 20.6 76.0

Source: World Bank - last available data.

 
Monetary indicators 20062007200820092010
Average annual exchange rate for 1 USD 0.290.280.270.290.29

Source: World Bank

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Foreign trade in figures

 
Foreign trade indicators 20062007200820092010
Imports of goods (millions USD) 17,24321,36224,84020,34122,000
Exports of goods (millions USD) 56,01662,69187,45751,93765,950
Imports of services (millions USD) 8,80510,49412,40411,297-
Exports of services (millions USD) 7,4959,10410,35810,425-
Imports of goods and services (in % of GDP) 24.228.325.728.0-
Exports of goods and services (in % of GDP) 65.563.466.156.4-
Trade Balance (millions USD) 40,21342,56464,00434,39047,908
Current Account (millions USD) 45,31242,17560,24228,605-
Foreign trade (in % of GDP) 89.791.791.884.4-

Source: WTO - World Trade Organization ; World Bank

 

Main partner countries

Main customers
(% of exports)
2009
China 2.2%
United Arab Emirates 1.1%
Saudi Arabia 0.9%
India 0.6%
Turkey 0.4%
See more countries 94.8%

Source: Comtrade, last available data

 

Main products

Main exports
(% of exports)
2009
Petroleum oils and oils obtained from bituminous...Petroleum oils and oils obtained from bituminous minerals, crude 57.1%
Petroleum oils and oils obtained from bituminous...Petroleum oils and oils obtained from bituminous minerals (excl. crude); preparations containing >= 70% by weight of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, n.e.s.; waste oils containing mainly petroleum or bituminous minerals 30.1%
Polymers of ethylene, in primary formsPolymers of ethylene, in primary forms 4.2%
Petroleum gas and other gaseous hydrocarbonsPetroleum gas and other gaseous hydrocarbons 3.0%
Parts of aircraft and spacecraft of heading 8801...Parts of aircraft and spacecraft of heading 8801 or 8802, n.e.s. 0.8%
See more products 4.7%

Source: Comtrade, last available data

 

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Sources of general economic information

Ministries
Ministry of Finance (in Arabic)
Statistical Office
 Statistic and Census Sector, Minstry of Planning
Central Bank
Central Bank of Kuwait
Stock Exchange
Kuwait Stock Exchange
Main online newspapers
Al Qabas (in Arabic)
Al Raialaam (in Arabic)
Al Watan (in Arabic)
Search Engines
Aiwagulf
Kuwait Links
Economic portals
Economic Arab portal

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Last updates: February 2012

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