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Kuwait - ECONOMIC INDICATORS
Economic forecasts - General economic indicators - Investments - Foreign Trade


Economic forecasts


 
Indicators
2005
2006
GDP (USD billion)
68.368  
77.152  
Real GDP growth (constant prices)
3.2 % 
3.2 %
GDP per capita (USD)
24940.424  
27192.953  
Inflation rate
1.8 % 
1.8 % 
Source : IMF - 2005 data


General economic indicators

Indicators 2002 2003 2004
GDP (USD billion) 35.2   41.7   ..  
Real GDP growth (constant prices) -0.4 % 9.9 % .. %
GDP per capita (USD) 15631   16738   ..  
Inflation rate 1.4 % 1.0 % 1.1 %
Unemployment rate ..   ..   ..  
External debt (USD billion) ..   ..   ..  
Kuwaiti Dinar rate on 12/31 (1 US$)   0.301   0.2949   0.2963  
Sources : IMF - 2005 data, World bank, Oanda


GDP per activity sector 2002 2003 2004
Agriculture and fishing ..   ..   ..  
Industry and mining ..   ..     ..  
Services ..   ..     ..  
Sources : World bank


Investments


FDI inflows (USD million) 2002 2003 2004 World rank
Foreign Direct Investments (F.D.I.) 7   -67   -20   190 / 197
Source : UNCTAD "World Investment Report 2005 "


Foreign Trade


General indicators


Indicators (USD billion) 2002 2003 2004
Imports of goods (f.o.b.) 8.1   9.9   10.9  
Export of goods (f.o.b) 15.4   21.8   30.2  
Trade balance 7.2   11.9   19.3  
Balance of payments 4.3   9.4   18.9  
Sources : World bank, IMF


Indicators 2002 2003 2004
Share of foreign trade in GDP 87.9%   ..   ..  
Share of imports in GDP 39.6%   ..   ..  
Share of exports in GDP 48.3%   ..   ..  
Imports of goods and services (percent change) ..   ..   ..  
Exports of goods and services (percent change) ..   ..   ..  
Sources : World bank, IMF


Trade in goods/services by major category


2003 Imports Exports
Total Trade in Goods (USD billion):     9.9     21.8    
Agricultural raw materials ..   ..  
Food products ..   ..  
Hydrocarbons ..   ..  
Manufactured products (chemicals, machines,...) ..   ..  
Ores and metals ..   ..  
Other goods ..   ..  


2003 Imports Exports
Total Trade in Services (USD billion): 7   3  
Transport 37%   86%  
Tourisme 60%   7%  
Other services (insurance, financial services, telecommunications,...) 3%   7%  
Source : World Bank


Trade Data, by HS Code :
Source : www.intracen.org, last available data


Trade by partner countries



Main clients
(% of exports)
2004
Areas, nes   45.5%  
Japan   20.3%  
USA   11%  
Netherlands   5.5%  
Other Asia, nes   3.8%  

Main suppliers
(% of imports)
2004
USA   10.6%  
Germany   9.9%  
Japan   9.6%  
Saudi Arabia   6.5%  
Italy   5.9%  
Source : COMTRADE


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Last modified in October 2005
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