CCBLA - Arab-Belgium-Luxemburg Chamber of Commerce - ABLCC

Country name : State of Kuwait

Capital : Kuwait

Area : 17,820 km²

Population : 2,505,599 including 1,291,354 non-nationals (July 2007)

Density : 140.6 inhabitants/km²

Population growth rate : 3.561% (2007)

Age structure : 0-14 years : 26.7% - 15-64 years : 70.5% - 65 years and over : 2.8%

Life expectancy at birth : 77.36 years

Labour force : 1.167 million (non-Kuwaitis represent about 80% of the labour force)

Gross Domestic Product : US$138.6 billion (2007)

GDP – real growth rate : 5.6% (2007)

GDP – composition by sector : agriculture : 0.4% - industry : 54.7% - services : 44.9%

GDP – per capita : US$55,300 (2007)

Budget : revenues : US$66.92 billion - expenditures : US$36.39 billion (2007)

Industries : petroleum, petrochemicals, cement, shipbuilding and repair, food processing, construction materials

Industrial production growth rate : 0.8% (2007)

Land use : arable land : 0.84% - permanent crops : 0.17% - other : 98.99%

Agricultural products : fish, practically no crops

Exports : US$59.57 billion (2007)

Exports – commodities : oil and refined products, fertilisers

Exports – partners : Japan (20.4%), South Korea (16.2%), Taiwan (10.8%), Singapore (9.7%), Netherlands (5.3%), China (4.1%) (2006)

Imports : US$17.74 billion (2007)

Imports – commodities : food, construction materials, vehicles and spare parts, clothing

Imports – partners : US (14.1%), Germany (7.9%), Japan (7.8%), Saudi Arabia (6.8%), China (5.7%), UK (5.4%), Italy (4.6%) (2006)

Current account balance : US$51.49 billion (2007)

Reserves of foreign exchange & gold : US$19.63 billion (31 December 2007)

External debt : US$33.61 billion (31 December 2007)