Kuwait
Kuwait with its strategic location at head of Persian Gulf has an
open economy with proved crude oil reserves of about 94 billion barrels—10%
of world reserves. Petroleum accounts for nearly half of GDP, 90% of
export revenues, and 75% of government income.
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Capital: Kuwait
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Natural Resources: Petroleum, Fish, Shrimp, Natural Gas
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Languages: Arabic (official), English (commercial)
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Area: 17,820 sq
km
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Population: 1,991,115 (July 1999)
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GDP: $43.7
billion (1998)
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GDP Per Capita: $22,700 (1998)
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Exports: $14.3 billion (fob, 1997)
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Imports: $7.8 billion (fob, 1996)
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