Compare the economies of the countries

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Economy power of Australia & Kuwait

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Australia vs Kuwait

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Australia Kuwait
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Australia is the nation that is at the same time the entire continent. It is the only country that covers the land of the entire continent. The name of the nation came from the latin Terra Australis, which was basically the name for the Southern Earth. At this moment it is one of the largest federations in the world with an official language being English. Interestingly, though the head of the government is Scott Morrison, the head of the nation is Queen Elizabeth II. On her behalf, the nation is run by David Hurley. More about Australia The State of Kuwait is a country located in Western Asia. However, because of its localization on the northern edge of Eastern Arabia, it is quite often connected with the region of the Middle East. The largest city of the state is Kuwait City, and it is at the same time its capital. In terms of neighbours, they share borders with Iraq (the nation that invaded them in 1990) and Saudi Arabia. Interestingly, due to large oil reserves (considered to be the sixth largest in the world), the importance of the region for the developed country is quite substantial. More about Kuwait

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Australia Kuwait
Position in the ranking of countries
GDP [US$] 1,552,667,363,236 105,960,225,688
Percentage of the other

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

Gross national income (GNI, Inflation)

Gross national income

Australia Kuwait
Position in the ranking of countries
GNI [US$] 1,535,457,123,665 154,471,896,903
Percentage of the other

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Australia Kuwait
Position in the ranking of countries
External balance [US$] 66,458,690,947 11,445,868,577
Percentage of the other

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

Australia Kuwait
Position in the ranking of countries
Unemployment [%] 5.12 2.82
Percentage of the other

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)

Population (total, growth, density, demgraphy)

Total population

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(China)

Australia Kuwait
Position in the ranking of countries
Population 25,688,079 4,250,114
Percentage of the other

Population growth (annual %)

Density

Gender

Demography