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CompareEconomy.com Comparison of world economies

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Economy power of Kuwait & Saudi Arabia

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Kuwait vs Saudi Arabia

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Kuwait Saudi Arabia
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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 Kingdom of Saudi Arabia is the second largest country in the Arab World. Most of the Arabian Peninsula is controlled by the nation. Located in Western Asia, Saudi Arabia covers more than 2.15 million square kilometers. As a result, it is also the fifth-largest nation in Asia and 12th-largest in the entire world. More about Saudi Arabia

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Kuwait Saudi Arabia
Position in the ranking of countries
GDP [US$] 105,960,225,688 833,541,236,569
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 Saudi Arabia
Position in the ranking of countries
GNI [US$] 154,471,896,903 717,195,466,666
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 Saudi Arabia
Position in the ranking of countries
External balance [US$] 11,445,868,577 86,870,240,458
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 Saudi Arabia
Position in the ranking of countries
Unemployment [%] 2.82 6.69
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 Saudi Arabia
Position in the ranking of countries
Population 4,250,114 35,950,396
Percentage of the other

Population growth (annual %)

Density

Gender

Demography