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 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
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
Governor for OPEC
Chairman of the Board of Governors -
Sheikh Abdullah Al Sabah
National Representative