Kuwait Economy - 1986

GEOGRAPHICAL NAMES 

GDP: $21.8 billion (1984), $13,620 per capita GNP (1984); 5% annual growth rate (1984)

Natural resources: petroleum, fish, shrimp

Agriculture: virtually none; dependent on imports for food, approx. 75% of potable water must be distilled or imported

Major industries: crude petroleum production average for 1984,1.1 million b/d, petroleum refining (capacity approximately 0.5 million b/d); other major industries include petrochemicals, retail trade, and manufacturing; water desalinization capacity 618 million liters per day (1983 prelim.)

Electric power: 5,335,300 kW capacity (1985); 18.694 billion kWh produced (1985), 10,930 kWh per capita

Exports: $11.3 billion (f.o.b., 1985), of which petroleum accounted for about 85%

Imports $7 4 billion (f.o.b., 1984); major suppliers—Japan, US, FRG, UK

Major trading partners: exports—Japan, US, FRG, Italy; imports—Japan, FRG, UK US

Budget: (1984/85 actual) revenues, $10.6 billion; expenditures, $12.9 billion

Monetary conversion rate. .29 Kuwaiti dinar=US$l (October 1985)

Fiscal year 1 July-30 June

NOTE: The information regarding Kuwait on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Kuwait 1986 information contained here. All suggestions for corrections of any errors about Kuwait 1986 should be addressed to the CIA or the source cited on each page.