Compare the economies of the countries

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Economy power of Kuwait & Papua New Guinea

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Kuwait vs Papua New Guinea

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Kuwait Papua New Guinea
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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 The official name of the nation is the Independent State of Papua New Guinea and it is a nation located in Oceania. It shares the island of New Guinea with Melanesia In spite of that, the nation still has a large area of land exceeding 462,000 square kilometers.  More about Papua New Guinea

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Kuwait Papua New Guinea
Position in the ranking of countries
GDP [US$] 105,960,225,688 26,594,305,745
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

Kuwait Papua New Guinea
Position in the ranking of countries
GNI [US$] 154,471,896,903 25,499,665,355
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 Papua New Guinea
Position in the ranking of countries
External balance [US$] 11,445,868,577 520,159,449
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)

Kuwait Papua New Guinea
Position in the ranking of countries
Unemployment [%] 2.82 2.83
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 Papua New Guinea
Position in the ranking of countries
Population 4,250,114 9,949,437
Percentage of the other

Population growth (annual %)

Density

Gender

Demography