Kuwait vs Iraq vs Oman (country comparison)

Kuwait's Country Information


GDP (purchasing power parity):

$165.8 billion (2013 est.)
country comparison to the world: 61
$159.6 billion (2012 est.)
$144.8 billion (2011 est.)
note: data are in 2013 US dollars


GDP (official exchange rate):

$179.5 billion (2013 est.)

GDP - real growth rate:

2.3% (2013 est.)
country comparison to the world: 135
8.3% (2012 est.)
10.2% (2011 est.)

GDP - per capita (PPP):

$42,100 (2013 est.)
country comparison to the world: 24
$41,800 (2012 est.)
$39,200 (2011 est.)
note: data are in 2013 US dollars

Gross national saving:

54.8% of GDP (2013 est.)
country comparison to the world: 2
58.9% of GDP (2012 est.)
58.2% of GDP (2011 est.)

GDP - composition, by end use:

household consumption: 23.9%
government consumption: 16.4%
investment in fixed capital: 16.2%
investment in inventories: 0%
exports of goods and services: 68.5%
imports of goods and services: -25.1%
(2013 est.)

GDP - composition, by sector of origin:

agriculture: 0.3%
industry: 50.6%
services: 49.1% (2013 est.)

Agriculture - products:

fish


Industries:

petroleum, petrochemicals, cement, shipbuilding and repair, water desalination, food processing, construction materials


Industrial production growth rate:

4.1% (2013 est.)
country comparison to the world: 71


Labor force:

2.38 million
country comparison to the world: 114
note: non-Kuwaitis represent about 60% of the labor force (2013 est.)

Labor force - by occupation:

agriculture: NA%
industry: NA%
services: NA%

Unemployment rate:

3.4% (2011 est.)
country comparison to the world: 27
2.9% (2010)

Population below poverty line:

NA%

Household income or consumption by percentage share:

lowest 10%: NA%
highest 10%: NA%

Budget:

revenues: $114.1 billion
expenditures: $61.81 billion (2013 est.)

Taxes and other revenues:

63.6% of GDP (2013 est.)
country comparison to the world: 3

Budget surplus (+) or deficit (-):

29.2% of GDP (2013 est.)
country comparison to the world: 1

Public debt:

6.4% of GDP (2013 est.)
country comparison to the world: 156
6.3% of GDP (2012 est.)

Fiscal year:

1 April - 31 March

Inflation rate (consumer prices):

2.8% (2013 est.)
country comparison to the world: 104
2.9% (2012 est.)

Central bank discount rate:

1.25% (31 December 2010 est.)
country comparison to the world: 106
3% (31 December 2009 est.)

Commercial bank prime lending rate:

4.9% (31 December 2013 est.)
country comparison to the world: 153
5% (31 December 2012 est.)

Stock of narrow money:

$31.68 billion (31 December 2013 est.)
country comparison to the world: 58
$27.55 billion (31 December 2012 est.)

Stock of broad money:

$110.1 billion (31 December 2013 est.)
country comparison to the world: 51
$105.9 billion (31 December 2012 est.)

Stock of domestic credit:

$90.63 billion (31 December 2013 est.)
country comparison to the world: 55
$89.13 billion (31 December 2012 est.)

Market value of publicly traded shares:

$97.09 billion (31 December 2012 est.)
country comparison to the world: 39
$100.9 billion (31 December 2011)
$NA (31 December 2010 est.)

Current account balance:

$69.13 billion (2013 est.)
country comparison to the world: 5
$80.33 billion (2012 est.)

Exports:

$112 billion (2013 est.)
country comparison to the world: 36
$121 billion (2012 est.)

Exports - commodities:

oil and refined products, fertilizers


Exports - partners:

South Korea 16.1%, India 15.7%, Japan 13.4%, US 11.7%, China 9.2%, Singapore 4.2% (2013 est.)

Imports:

$24.42 billion (2013 est.)
country comparison to the world: 74
$22.79 billion (2012 est.)

Imports - commodities:

food, construction materials, vehicles and parts, clothing

Imports - partners:

US 11.8%, China 9.2%, Saudi Arabia 8.6%, Japan 8.2%, South Korea 6.9%, German 5.1%, India 4.6%, UAE 4.4% (2013 est.)

Reserves of foreign exchange and gold:

$34.35 billion (31 December 2013 est.)
country comparison to the world: 49
$29 billion (31 December 2012 est.)

Debt - external:

$34.41 billion (2013 est.)
country comparison to the world: 69
$35.29 billion (2012 est.)


Stock of direct foreign investment - at home:

$5.677 billion (31 December 2013 est.)
country comparison to the world: 89
$5.212 billion (31 December 2012 est.)

Stock of direct foreign investment - abroad:

$60.76 billion (31 December 2013 est.)
country comparison to the world: 36
$52.59 billion (31 December 2012 est.)

Exchange rates:

Kuwaiti dinars (KD) per US dollar -
0.2838 (2013 est.)
0.2799 (2012 est.)
0.2866 (2010 est.)
0.2877 (2009)
0.2679 (2008)

Iraq's Country Information


GDP (purchasing power parity):

$249.4 billion (2013 est.)
country comparison to the world: 52
$239.3 billion (2012 est.)
$220.7 billion (2011 est.)
note: data are in 2013 US dollars


DP Official exchange rate

$221.8 billion (2013 est.)

GDP - real growth rate:

4.2% (2013 est.)
country comparison to the world: 72
8.4% (2012 est.)
8.6% (2011 est.)

GDP - per capita (PPP):

$7,100 (2013 est.)
country comparison to the world: 141
$7,100 (2012 est.)
$6,800 (2011 est.)
note: data are in 2013 US dollars


















GDP - composition, by sector of origin
:

agriculture: 3.3%
industry: 64.6%
services: 32.1% (2013 est.)


Agriculture - products:

wheat, barley, rice, vegetables, dates, cotton; cattle, sheep, poultry

Industries:

petroleum, chemicals, textiles, leather, construction,
materials, food processing, fertilizer, metal fabrication/processing

Industrial production growth rate:


6.9% (2013 est.)
country comparison to the world: 37

Labor force:

8.9 million (2010 est.)
country comparison to the world: 54


Labor force - by occupation:

agriculture: 21.6%
industry: 18.7%
services: 59.8% (2008 est.)

Unemployment rate:

16% (2012 est.)
country comparison to the world: 143
15% (2010 est.)

Population below poverty line:

25% (2008 est.)

Household income or consumption by percentage share:

lowest 10%: 3.6%
highest 10%: 25.7% (2007 est.)

Budget:

revenues: $99.52 billion
expenditures: $97.42 billion (2013 est.)

Taxes and other revenues:

44.9% of GDP (2013 est.)
country comparison to the world: 21


Budget surplus (+) or deficit (-):

0.9% of GDP (2013 est.)
country comparison to the world: 30






Fiscal year:

calendar year

Inflation rate (consumer prices):

2% (2013 est.)
country comparison to the world: 70
6.1% (2012 est.)

Central bank discount rate:

6% (December 2012)
country comparison to the world: 60
6% (December 2011)

Commercial bank prime lending rate:

6% (31 December 2013 est.)
country comparison to the world: 134
6% (31 December 2012 est.)

Stock of narrow money:

$62.33 billion (31 December 2013 est.)
country comparison to the world: 44
$54.68 billion (31 December 2012 est.)

Stock of broad money:

$74.81 billion (31 December 2013 est.)
country comparison to the world: 60
$64.74 billion (31 December 2012 est.)

Stock of domestic credit:

$-3.902 million (31 December 2013 est.)
country comparison to the world: 180
$-3.981 million (31 December 2012 est.)

Market value of publicly traded shares:

$4 billion (9 December 2011)
country comparison to the world: 87
$2.6 billion (31 July 2010)
$2 billion (31 July 2009 est.)

Current account balance:

$12.85 billion (2013 est.)
country comparison to the world: 21
$29.54 billion (2012 est.)

Exports:

$91.99 billion (2013 est.)
country comparison to the world: 40
$94.21 billion (2012 est.)

Exports - commodities:

crude oil 84%, crude materials excluding fuels, food and live animals

Exports - partners:

US 21.1%, India 20.2%, China 13.6%, South Korea 11%, Canada 4.7%, Italy 4.4%, Spain 4.2% (2012)

Imports:

$66.61 billion (2013 est.)
country comparison to the world: 45
$50.16 billion (2012 est.)

Imports - commodities:

food, medicine, manufactures

Imports - partners:

Turkey 27.5%, Syria 16.2%, China 12.5%, US 5.2%, South Korea 4.7% (2012)

Reserves of foreign exchange and gold:

$71.24 billion (31 December 2013 est.)
country comparison to the world: 30
$70.33 billion (31 December 2012 est.)

Debt - external:

$59.49 billion (31 December 2013 est.)
country comparison to the world: 58
$60.2 billion (31 December 2012 est.)













Exchange rates:

Iraqi dinars (IQD) per US dollar -
1,166 (2013 est.)
1,166.17 (2012 est.)
1,170 (2010 est.)
1,170 (2009)
1,176 (2008)

Oman Country Information

GDP (purchasing power parity):

$94.86 billion (2013 est.)
country comparison to the world: 77
$90.28 billion (2012 est.)
$85.99 billion (2011 est.)
note: data are in 2013 US dollars


GDP (official exchange rate):

$81.95 billion (2013 est.)

GDP - real growth rate:

5.1% (2013 est.)
country comparison to the world: 53
5% (2012 est.)
4.5% (2011 est.)

GDP - per capita (PPP):

$29,800 (2013 est.)
country comparison to the world: 50
$29,200 (2012 est.)
$28,700 (2011 est.)
note: data are in 2013 US dollars

Gross national saving:

36.2% of GDP (2013 est.)
country comparison to the world: 15
37.4% of GDP (2012 est.)
41% of GDP (2011 est.)

GDP - composition, by end use:

household consumption: 30.5%
government consumption: 17.8%
investment in fixed capital: 27.3%
investment in inventories: -0.5%
exports of goods and services: 63.8%
imports of goods and services: -39.4%
(2013 est.)

GDP - composition, by sector of origin:

agriculture: 1%
industry: 64.4%
services: 34.6% (2013 est.)

Agriculture - products:

dates, limes, bananas, alfalfa, vegetables; camels, cattle; fish


Industries:

crude oil production and refining, natural and liquefied natural gas (LNG) production; construction, cement, copper, steel, chemicals, optic fiber

Industrial production growth rate:

3.5% (2013 est.)
country comparison to the world: 85


Labor force:

968,800
country comparison to the world: 144
note: about 60% of the labor force is non-national (2007)

Labor force - by occupation:

agriculture: NA%
industry: NA%
services: NA%

Unemployment rate:

15% (2004 est.)
country comparison to the world: 139


Population below poverty line:

NA%

Household income or consumption by percentage share:

lowest 10%: NA%
highest 10%: NA%


Budget:

revenues: $34.42 billion
expenditures: $35.48 billion (2013 est.)

Taxes and other revenues:

42% of GDP (2013 est.)
country comparison to the world: 31

Budget surplus (+) or deficit (-):

-1.3% of GDP (2013 est.)
country comparison to the world: 68

Public debt:

4.4% of GDP (2013 est.)
country comparison to the world: 160
4.3% of GDP (2012 est.)

Fiscal year:

calendar year

Inflation rate (consumer prices):

1.6% (2013 est.)
country comparison to the world: 46
2.9% (2012 est.)

Central bank discount rate:

2% (31 December 2010 est.)
country comparison to the world: 143
0.05% (31 December 2009 est.)

Commercial bank prime lending rate:

5.8% (31 December 2013 est.)
country comparison to the world: 139
5.65% (31 December 2012 est.)

Stock of narrow money:

$9.537 billion (31 December 2013 est.)
country comparison to the world: 79
$9.083 billion (31 December 2012 est.)

Stock of broad money:

$71.42 billion (31 December 2010 est.)
country comparison to the world: 62
$63.16 billion (31 December 2009 est.)

Stock of domestic credit:

$29.97 billion (31 December 2013 est.)
country comparison to the world: 70
$27.62 billion (31 December 2012 est.)

Market value of publicly traded shares:

$20.11 billion (31 December 2012 est.)
country comparison to the world: 59
$19.72 billion (31 December 2011)
$20.27 billion (31 December 2010 est.)

Current account balance:

$7.249 billion (2013 est.)
country comparison to the world: 27
$8.312 billion (2012 est.)

Exports:

$56.22 billion (2013 est.)
country comparison to the world: 57
$52.14 billion (2012 est.)

Exports - commodities:

petroleum, reexports, fish, metals, textiles

Exports - partners:

China 31.8%, Japan 12.9%, UAE 10.4%, South Korea 10%, Thailand 4.4%, Singapore 4.4% (2012)

Imports:

$30.75 billion (2013 est.)
country comparison to the world: 67
$25.63 billion (2012 est.)

Imports - commodities:

machinery and transport equipment, manufactured goods, food, livestock, lubricants

Imports - partners:

UAE 24.1%, Japan 12.5%, India 8.5%, China 6.3%, US 6.1% (2012)

Reserves of foreign exchange and gold:

$17.7 billion (31 December 2013 est.)
country comparison to the world: 62
$14.4 billion (31 December 2012 est.)

Debt - external:

$10.84 billion (31 December 2013 est.)
country comparison to the world: 99
$9.99 billion (31 December 2012 est.)



Stock of direct foreign investment - at home:

$NA



Stock of direct foreign investment - abroad:

$NA


Exchange rates:

Omani rials (OMR) per US dollar -
0.3845 (2013 est.)
0.3845 (2012 est.)
0.3845 (2010 est.)
0.3845 (2009)
0.3845 (2008)









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