All Middle East markets

Kuwait

Holder of some of the world's largest oil reserves and sovereign assets, opening infrastructure and development projects to private capital.

Population
≈4.9 million (2024)
GDP (nominal)
≈US$160 billion (2024)
Real growth
−2.6% (2024); recovery from 2025
Capital
Kuwait City
Currency
Kuwaiti dinar (KWD)
Economy & outlook

Kuwait

Oil dominates output and exports, backed by one of the world's largest sovereign funds (KIA); the non-oil economy centers on trade, real estate and finance.

Vision 2035 and a renewed PPP pipeline are opening infrastructure — ports, power, housing and the northern economic zone — to private and foreign capital.

Focus sectors

Oil & downstream · infrastructure · logistics (Vision 2035)

Global rankings

  • #36 of 69 — IMD World Competitiveness Ranking (2025)
  • #73 — Global Innovation Index, WIPO (2025)
  • A+ — S&P sovereign credit rating (2025)

Rankings as published by each institution; positions change annually — verify before formal use.

IMD · WIPO GII · UN EGDI · Kearney · WB LPI · S&P

Visit the investment authority

Sources: World Bank · IMF · KDIPA

The Kuwait Towers, symbol of Kuwait City — Wikimedia Commons