Compare the economies of the countries

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Economy power of Guinea & Kuwait

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Guinea vs Kuwait

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Guinea Kuwait
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Official name for the nation is the Republic of Guinea. It is also known as Guinea-Conakry due to numerous other nations with "Guinea" in the name. It is located in the western region of Africa. With a population of 12.4 million and an area of 245,857 square kilometers, its density is at around 40 people per square kilometers. More about Guinea 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)

Guinea Kuwait
Position in the ranking of countries 111 (2023) 57 (2023)
GDP [US$] 22,199,409,741 163,704,878,875
Percentage of the other 13.6 % 737.4 %

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

Guinea Kuwait
Position in the ranking of countries 110 (2023) 56 (2023)
GNI [US$] 20,265,865,041 195,985,100,891
Percentage of the other 10.3 % 967.1 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Guinea Kuwait
Position in the ranking of countries 95 (2023) 14 (2022)
External balance [US$] -1,645,376,312 55,010,938,775
Percentage of the other -3 % -3343.4 %

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)

Guinea Kuwait
Position in the ranking of countries 95 (2023) 14 (2022)
Unemployment [%] 5.23 2.14
Percentage of the other 244.4 % 40.9 %

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)

Guinea Kuwait
Position in the ranking of countries 72 (2023) 123 (2023)
Population 14,405,468 4,853,420
Percentage of the other 296.8 % 33.7 %

Population growth (annual %)

Density

Gender

Demography