Compare the economies of the countries

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Economy power of Ethiopia & Kuwait

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Ethiopia vs Kuwait

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Ethiopia Kuwait
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Formally known as The Federal Democratic Republic of Ethiopia, it is a landlocked country situated in the Horn of Africa - a place that is a peninsula and the easternmost projection of the African continent. This republic is landlocked, and as a result of it, there are several neighbouring nations. These are Djibouti, Somaliland, Somalia, Kenya, South Sudan, and Sudan. More about Ethiopia 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)

Ethiopia Kuwait
Position in the ranking of countries 58 (2023) 57 (2023)
GDP [US$] 163,697,927,593 163,704,878,875
Percentage of the other 100 % 100 %

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

Ethiopia Kuwait
Position in the ranking of countries 58 (2023) 56 (2023)
GNI [US$] 163,284,493,254 195,985,100,891
Percentage of the other 83.3 % 120 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Ethiopia Kuwait
Position in the ranking of countries 132 (2023) 14 (2022)
External balance [US$] -12,112,674,623 55,010,938,775
Percentage of the other -22 % -454.2 %

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)

Ethiopia Kuwait
Position in the ranking of countries 132 (2023) 14 (2022)
Unemployment [%] 3.40 2.14
Percentage of the other 158.9 % 62.9 %

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)

Ethiopia Kuwait
Position in the ranking of countries 11 (2023) 123 (2023)
Population 128,691,692 4,853,420
Percentage of the other 2651.6 % 3.8 %

Population growth (annual %)

Density

Gender

Demography