Kuwait
Kuwait facts and figures
Kuwait's National Day
25 February
Located on the Arabian Peninsula bordering Saudi Arabia and Iraq, Kuwait is one of the most densely populated OPEC Member Countries. The Middle Eastern nation comprises an area of 18,000 square kilometres and has a population of over three million. Its official language is Arabic.
Kuwait has a prosperous economy. Petroleum accounts for nearly half of its gross domestic product, 93 per cent of export revenues, and 80 per cent of government income. Apart from petroleum, its other natural resources include natural gas and foodstuffs.
The Emir of Kuwait is Sheikh Sabah Al-Ahmad Al-Sabah. It is a Founder Member of OPEC.
Did you know?
- Failaka Island is considered the most beautiful of Kuwait’s islands. Its history dates back to the early Stone Age.
- In 1938, the Kuwait Oil Company drilled the country’s first commercial oil well in the Al Burqan oilfield. The commercial export of crude oil began in 1946.
| Population (million inhabitants) | 3.70 |
|---|---|
| Land area (1,000 sq km) | 18 |
| Population density (inhabitants per sq km) | 205 |
| GDP per capita ($) | 47,787 |
| GDP at market prices (billion $) | 176.67 |
| Value of exports (billion $) | 103.49 |
| Value of petroleum exports (billion $) | 96.72 |
| Current account balance (billion $) | 73.87 |
| Proven crude oil reserves (billion barrels) | 101.50 |
| Proven natural gas reserves (billion cu. m.) | 1,784 |
| Crude oil production * (1,000 b/d) | 2,659 |
| Marketed production of natural gas (billion cu. m.) | 13.53 |
| Refinery capacity (1,000 b/d) | 936 |
| Output of petroleum products (1,000 b/d) | 881.9 |
| Oil Consumption (1,000 b/d) | 361 |
| Crude oil exports (1,000 b/d) | 1,816 |
| Exports of petroleum products (1,000 b/d) | 629.2 |
| Natural gas exports (billion cu. m.) | -- |
* including share of production from Neutral Zone
- b/d (barrels per day)
- cu. m. (cubic metres)
Source: Annual Statistical Bulletin 2012
