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CompareEconomy.com Comparison of world economies

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Economy power of Kuwait & North Macedonia

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Kuwait vs North Macedonia

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Kuwait North Macedonia
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World Rank World Rank 166 1.09
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 Republic of North Macedonia is also referred to as North Macedonia. Interestingly, it was renamed not that long ago, because in 2019, due to disputes over the name "Macedonia". Located in Southeast Europe, it is a landlocked country with Bulgaria, Greece, Albania, Serbia, Bulgaria, and Kosovo as neighbours. More about North Macedonia

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Kuwait North Macedonia
Position in the ranking of countries
GDP [US$] 105,960,225,688 13,825,049,831
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 North Macedonia
Position in the ranking of countries
GNI [US$] 154,471,896,903 13,208,529,986
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 North Macedonia
Position in the ranking of countries
External balance [US$] 11,445,868,577 -2,217,460,313
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 North Macedonia
Position in the ranking of countries
Unemployment [%] 2.82 15.78
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 North Macedonia
Position in the ranking of countries
Population 4,250,114 2,065,092
Percentage of the other

Population growth (annual %)

Density

Gender

Demography