Kuwait is a country in Western Asia. Situated in the northern edge of Eastern Arabia at the tip of the Persian Gulf, it shares borders with Iraq and Saudi Arabia. As of 2014, Kuwait has a population of 4.2 million people; 1.3 million are Kuwaitis and 2.9 million are expatriates. Oil reserves were discovered in 1938. From 1946 to 1982, the country underwent large-scale modernization. In the 1980s, Kuwait experienced a period of geopolitical instability and an economic crisis following the stockAn investor's share of ownership in a company which entitles... marketThe commercial activity of buying and selling goods and serv... crash. In 1990, Kuwait was invaded by Iraq. The Iraqi occupation came to an end in 1991 after military intervention by United States-led forces. At the end of the war, there were extensive efforts to revive the economyThe management of money, currency and trade of a nation. The... and rebuild national infrastructure.
Kuwait is a member of the League of Arab States (Arab League) and the Gulf Cooperation Council (GCC). Kuwait is a small, petroleum-based economyThe management of money, currency and trade of a nation. The.... The Kuwaiti dinar is the highest-valued unit of currency in the world.[9] Non-petroleum industries include financial services. According to the World Bank, Kuwait is the fourth richest country in the world per capitalThe net worth of a business, including assets, cash, propert.... Kuwait is the second richest GCC country per capitaFor each person in the population. Per head. An expression o... (after Qatar).
Facts: The State of Kuwait CapitalThe net worth of a business, including assets, cash, propert...: Kuwait, Population: 2.9 million, Area: 17,818 sq km (6,880 sq miles), Major language: Arabic, Major religion: Islam, Life expectancy: 74 years (men) and 76 years (women), Currency: Dinar.
Important Details
- Country ISO3:KWT
- Country Code:414
- Income Group:Middle East & North Africa
- Lending Category:High income
- Region:Not Available
- Currency Unit:Kuwaiti dinar
- WTO Member:YES
- TradeThe buying and selling or exchange of goods and services. Th... organisations:WTO and OPEC
- world rank:74
- Regional Ranking:7th in the Middle East/North Africa Region