Compare the economies of the countries

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Economy power of Benin & Kuwait

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Benin vs Kuwait

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Benin Kuwait
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The Republic of Benin is a former French colony. It is a West African country that has borders with such nations as Nigeria, Togo, Burkina Faso, and Niger. Interestingly, most of its population lives near the coast of the Bight of Benin.  In 2019, it had a population of almost 12 million people.  More about Benin 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)

Benin Kuwait
Position in the ranking of countries 117 (2023) 57 (2023)
GDP [US$] 19,676,049,075 163,704,878,875
Percentage of the other 12 % 832 %

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

Benin Kuwait
Position in the ranking of countries 114 (2023) 56 (2023)
GNI [US$] 19,472,109,623 195,985,100,891
Percentage of the other 9.9 % 1006.5 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Benin Kuwait
Position in the ranking of countries 97 (2023) 14 (2022)
External balance [US$] -1,763,673,880 55,010,938,775
Percentage of the other -3.2 % -3119.1 %

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)

Benin Kuwait
Position in the ranking of countries 97 (2023) 14 (2022)
Unemployment [%] 1.72 2.14
Percentage of the other 80.4 % 124.4 %

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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(India)

Benin Kuwait
Position in the ranking of countries 73 (2023) 123 (2023)
Population 14,111,034 4,853,420
Percentage of the other 290.7 % 34.4 %

Population growth (annual %)

Density

Gender

Demography