GDP:
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purchasing power parity - $41.46 billion (2003 est.)
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GDP - real growth rate:
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4.6% (2003 est.)
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GDP - per capita:
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purchasing power parity - $19,000 (2003 est.)
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GDP - composition by sector:
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agriculture: 0.4%
industry: 59.5%
services: 40% (2003)
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Investment (gross fixed):
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8% of GDP (2003)
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Population below poverty line:
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NA
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Household income or consumption by percentage share:
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lowest 10%: NA
highest 10%: NA
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Inflation rate (consumer prices):
|
1.2% (2003 est.)
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Labor force:
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1.38 million
note: non-Kuwaitis represent about 80% of the labor force. (2003 est.)
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Labor force - by occupation:
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agriculture NA, industries NA, services NA
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Unemployment rate:
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2.1% (2003 est.)
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Budget:
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revenues: $29.41 billion
expenditures: $17.57 billion, including capital expenditures of NA (2003)
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Public debt:
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29.5% of GDP (2003)
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Industries:
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petroleum, petrochemicals, desalination, food processing, construction materials
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Industrial production growth rate:
|
-5% (2002 est.)
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Electricity - production:
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31.49 billion kWh (2001)
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Electricity - production by source:
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fossil fuel: 100%
hydro: 0%
other: 0% (2001)
nuclear: 0%
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Electricity - consumption:
|
29.29 billion kWh (2001)
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Electricity - exports:
|
0 kWh (2001)
|
Electricity - imports:
|
0 kWh (2001)
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Oil - production:
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2.27 million bbl/day (2003 est.)
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Oil - consumption:
|
293,000 bbl/day (2003 est.)
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Oil - exports:
|
1.97 million bbl/day (2003)
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Oil - imports:
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NA (2003)
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Oil - proved reserves:
|
97.68 billion bbl (1 January 2002)
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Natural gas - production:
|
8.7 billion cu m (2002 est.)
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Natural gas - consumption:
|
8.7 billion cu m (2002 est.)
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Natural gas - exports:
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0 cu m (2002 est.)
|
Natural gas - imports:
|
0 cu m (2002 est.)
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Natural gas - proved reserves:
|
1.548 trillion cu m (1 January 2002)
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Agriculture - products:
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practically no crops; fish
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Current account balance:
|
$8.652 billion (2003)
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Exports:
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$22.29 billion f.o.b. (2003 est.)
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Exports - commodities:
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oil and refined products, fertilizers
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Exports - partners:
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Japan 22%, South Korea 13.1%, US 12%, Singapore 10.2%, Taiwan 7.5%, Pakistan 4.7% (2003 est.)
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Imports:
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$9.606 billion f.o.b. (2003 est.)
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Imports - commodities:
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food, construction materials, vehicles and parts, clothing
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Imports - partners:
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US 15%, Japan 10.4%, Germany 9.7%, China 6.7%, UK 6.2%, Saudi Arabia 5.6%, Italy 5.1%, France 4.3% (2003 est.)
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Reserves of foreign exchange & gold:
|
$7.685 billion (2003)
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Debt - external:
|
$12.18 billion (2003 est.)
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Economic aid - recipient:
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NA (2001)
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Currency code:
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KWD
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Fiscal year:
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1 April - 31 March
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