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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Kuwait & Somalia

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Kuwait vs Somalia

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Kuwait Somalia
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World Rank World Rank 81 2.33
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 Federal Republic of Somalia is a country located in the so-called Horn of Africa. It is a peninsula situated in the easternmost point in African continent. With the longest coastline in Africa's mainland, Somalia has a total land coverage of 637,000 square kilometers. More about Somalia

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Kuwait Somalia
Position in the ranking of countries
GDP [US$] 105,960,225,688 7,628,000,011
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 Somalia
Position in the ranking of countries
GNI [US$] 154,471,896,903 7,585,987,105
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 Somalia
Position in the ranking of countries
External balance [US$] 11,445,868,577 -5,012,000,007
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 Somalia
Position in the ranking of countries
Unemployment [%] 2.82 19.93
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 Somalia
Position in the ranking of countries
Population 4,250,114 17,065,581
Percentage of the other

Population growth (annual %)

Density

Gender

Demography