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CompareEconomy.com Comparison of world economies

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Economy power of Kuwait & Luxembourg

Kuwait Flag svg Luxembourg Flag svg

Kuwait vs Luxembourg

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Kuwait Luxembourg
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World Rank World Rank 17 7.29
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 The Grand Duchy of Luxembourg is a nation situated in the centre of Western part of Europe. It is a landlocked country with such border partners as Belgium, Germany, and France. The capital of the state is Luxembourg city and it is considered to be one of the four official capitals of the European Union (three others are Brussels, Frankfurt, and Strasbourg).  More about Luxembourg

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Kuwait Luxembourg
Position in the ranking of countries
GDP [US$] 105,960,225,688 85,506,243,833
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))

Kuwait Luxembourg
Position in the ranking of countries
GNI [US$] 154,471,896,903 59,692,666,901
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)

Kuwait Luxembourg
Position in the ranking of countries
External balance [US$] 11,445,868,577 29,710,367,990
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)

Kuwait Luxembourg
Position in the ranking of countries
Unemployment [%] 2.82 5.25
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)

Kuwait Luxembourg
Position in the ranking of countries
Population 4,250,114 640,064
Percentage of the other

Population growth (annual %)

Density

Gender

Demography