Kuwait

Kuwait

Kuwait facts and figures

Kuwait's National Day
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 around 18 thousand square kilometres and has a population of around 4.3 million. Its official language is Arabic.

Kuwait has a prosperous economy. The country 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.


Below data covers 2021

Population (million inhabitants) 4.34
Land area (1,000 sq km) 18
GDP per capita ($) 31,216
GDP at market prices (million $) 135,352
Value of exports (million $) 72,386
Value of petroleum exports (million $) 56,545
Current account balance (million $) 32,574
Proven crude oil reserves (million barrels) 101,500
Proven natural gas reserves (billion cu. m.) 1,784
Crude oil production * (1,000 b/d) 2,415
Marketed production of natural gas (million cu. m.) 12,728
Refinery capacity (1,000 b/cd) 800
Output of petroleum products (1,000 b/d) 845
Oil demand (1,000 b/d) 482
Crude oil exports (1,000 b/d) 1,740
Exports of petroleum products (1,000 b/d) 604
Natural gas exports (million cu. m.) --

* including share of production from Neutral Zone

  • b/d (barrels per day)
  • cu. m. (cubic metres)
  • b/cd (barrels per calendar day)

Source: Annual Statistical Bulletin 2022

  • HE Dr. Saad Hamad Al-Barrak

    HE Dr. Saad Hamad Al-Barrak

    Deputy Prime Minister
    Minister of Oil
    Minister of State for Economic Affairs and Investment
    Chairman of the Board – Kuwait Petroleum Corporation
    Head of Delegation

     

  • Mr. Mohammad Al Shatti

    Mr. Mohammad Al Shatti

    Governor for OPEC
    Chairman of the Board of Governors

  • Sheikh Abdullah Al Sabah

    Sheikh Abdullah Al Sabah

    National Representative