Kuwait Economy

Kuwait Economy

Subchapters: Basic data Public finances and the state budget Banking system Tax system Basic data The Kuwaiti economy is dominantly based on the extraction and export of oil and related products, Kuwaiti economic growth is therefore linked to the development of world oil prices. The paralysis of the global economy and fuel consumption as a […]

KUWAIT State Flag

Kuwait State Facts

  THE CAPITAL El Kuwait STATE STRUCTURE Constitutional monarchy – emirate INTERNAL DIVISION Kuwait is divided into 6 provinces – governorate (in the singular – governorate), which in turn are divided into districts SQUARE 17,818 km² CLIMATE tropical dry OFFICIAL LANGUAGE Arabic, English is widely spoken CURRENCY Kuwaiti dinar POPULATION 3.2 million NATIONAL COMPOSITION 34% […]