Is Kuwait a rich country?

Economic oil and gas industry is the main pillar of national economy, its output value accounts for 45% of GDP and 92% of export income. In recent years, while focusing on the development of petroleum and petrochemical industries, the government has emphasized the development of diversified businesses, reduced dependence on oil and continuously expanded foreign investment. In 2008, the international financial crisis had a certain impact on the Kuwaiti economy. All kinds of investment companies have suffered serious losses, and there have been problems such as credit contraction, tight liquidity and stock market decline in China. However, due to the long-term accumulation of a large number of petrodollars and abundant energy resources, the branch can basically resist the impact of the international financial crisis.

Main economic data in 2008 (1 USD =0.28 KD): GDP148.8 billion USD, per capita GDP of 39,900 USD, economic growth rate of 8. 1%, inflation rate 10.3%, and unemployment rate of 4.5%.

Rich in oil and natural gas resources. The proven oil reserves13.6 billion tons, accounting for 1 1% of the world's reserves, ranking fourth in the world. Natural gas reserves are 2.5 trillion cubic meters, accounting for 1.8% of the world's reserves.

Industry is mainly oil exploration, smelting and petrochemical industry. In 2007, the output of crude oil was 65.438+0.3 billion tons, ranking tenth in the world. Kuwait Petroleum Company is one of the top ten oil companies in the world, and is fully responsible for the sales of crude oil and refined oil at home and abroad. Kuwait Petroleum Company is responsible for domestic oil production and is the seventh largest oil company in the world.

The cultivated land area of agriculture and fishery is about 14 182 hectares, and the soilless culture area is about 156 hectares. In recent years, the government attaches great importance to the development of agriculture, and the output value of agriculture accounts for 0.5% of GDP. Mainly to produce vegetables, agricultural and livestock products mainly rely on imports. The employed population in agriculture and animal husbandry is 6.5438+0.4 million, mainly from outside. There are abundant fishery resources, such as prawn, grouper and yellow croaker. The annual output is about 6,543,800 tons, and the output value is about 6,543,800 Kuwaiti dinars.

Transportation is very developed. The total length of national highways is 40,000 kilometers. There are 968,000 cars, including 800,000 private cars. Kuwait has an international civil airport and two military airports. The airport has 33,000 take-off and landing sorties/year, with a passenger flow of 3.7 million passengers/year and a freight volume of 6,543,800 tons/year. The main ports are Shu Port and Shu Aiba Port.

Foreign trade plays an important role in the economy. The main export commodities are petroleum and chemical products, and petroleum exports account for 95% of the total export. Imported goods include machinery, transportation equipment, industrial products, grains and food. The main trade targets are: the United States, Japan, Britain, South Korea, Italy, Germany, the Netherlands, Singapore and so on. The foreign trade situation in 2008 is as follows (unit: US$ 1 billion): the total foreign trade was US$ 654.38+02.2 billion, of which US$ 95.46 billion was exported and US$ 26.54 billion was imported.