Compare the economies of the countries

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Economy power of Kuwait & New Zealand

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Kuwait vs New Zealand

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Kuwait New Zealand
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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 New Zealand is an island nation located in the southwestern Pacific Ocean. There are two large landmasses that constitute the entire main region of the country, namely the North Island and the South Island. Besides that, there are also 700 smaller islands. More about New Zealand

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Kuwait New Zealand
Position in the ranking of countries 57 (2023) 50 (2023)
GDP [US$] 163,704,878,875 252,175,506,110
Percentage of the other 64.9 % 154 %

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

Kuwait New Zealand
Position in the ranking of countries 56 (2023) 50 (2023)
GNI [US$] 195,985,100,891 244,146,718,394
Percentage of the other 80.3 % 124.6 %

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 New Zealand
Position in the ranking of countries 14 (2022) 121 (2023)
External balance [US$] 55,010,938,775 -7,249,913,004
Percentage of the other -758.8 % -13.2 %

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)

Kuwait New Zealand
Position in the ranking of countries 14 (2022) 121 (2023)
Unemployment [%] 2.14 4.87
Percentage of the other 43.9 % 227.6 %

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)

Kuwait New Zealand
Position in the ranking of countries 123 (2023) 118 (2023)
Population 4,853,420 5,223,100
Percentage of the other 92.9 % 107.6 %

Population growth (annual %)

Density

Gender

Demography