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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Iraq & Kuwait

Iraq Flag svg Kuwait Flag svg

Iraq vs Kuwait

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Iraq Kuwait
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World Rank 54 2.99 World Rank
Situated in Western Asia, the Republic of Iraq is a Muslim-based nation with approximately 38 million citizens. Baghdad is the capital and at the same time the largest city in the nation. Iraqi's density is a bit below average, because it is equal to 82.7 people per square kilometer. It is possible thanks to large land coverage - 437,072 square kilometers.  More about Iraq 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)

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(United States of America (USA))

Iraq Kuwait
Position in the ranking of countries
GDP [US$] 207,889,333,724 105,960,225,688
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

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(United States of America (USA))

Iraq Kuwait
Position in the ranking of countries
GNI [US$] 205,825,133,724 154,471,896,903
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)

Iraq Kuwait
Position in the ranking of countries
External balance [US$] 28,001,000,000 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)

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(South Africa)

Iraq Kuwait
Position in the ranking of countries
Unemployment [%] 16.17 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)

Iraq Kuwait
Position in the ranking of countries
Population 43,533,592 4,250,114
Percentage of the other

Population growth (annual %)

Density

Gender

Demography