Content |
Main article: Countries of the world
Population
Migration
2021
Net population inflow for 4 years
72.1% of the population are immigrants
Mortality
The number of deaths in road accidents
Economy
Financial system
Sovereign Wealth Fund
2023: Sovereign Wealth Fund Assets - $801 billion
2022: Sovereign wealth fund assets per capita
Budget
By September 2020, Kuwait, one of the richest countries in the world, faced a budget deficit due to lower energy prices.
The government has almost exhausted its liquid assets and is unable to cover the budget deficit, which in 2020 could reach $46 billion. This does not mean that Kuwait will be left completely without money, it has savings that are stored in a special Fund for Future Generations - the fourth largest in the world, $550 billion.
The public sector employs 80% of the country's working citizens, and salaries there are higher than in the private sector. Government benefits for housing, fuel and food can reach $2,000 per month per family. Salaries and subsidies make up three-quarters of all state spending.
Cryptocurrencies
2023: Kuwait bans cryptocurrency transactions and mining
On July 18, 2023, the Kuwait Capital Markets Authority (CMA) announced an "absolute ban" on virtually all cryptocurrency transactions in the country. This measure applies to payments and investments, as well as to the extraction of cryptocurrency assets.
In addition, local regulators are prohibited from issuing any licenses to allow companies to "provide virtual asset services as a commercial business." The regulator urges caution and awareness of the risks associated with virtual assets. In particular, it says that cryptocurrencies "have no legal status, are not issued and are not supported at the government level." Meanwhile, securities and other financial instruments regulated by the Central Bank of Kuwait and the CMA are not subject to restrictions.
 | Cryptocurrencies are not associated with any issuer, and the prices of these assets are always due to speculation, which can provoke a sudden and sharp drop in value, the document says. |  |
The new rules are part of Kuwait's larger anti-money laundering and counter-terrorism financing program, the regulator said. Similar documents were issued by the Central Bank of Kuwait, the Ministry of Trade and Industry of the country and the Insurance Regulation Division. Thus, the authorities seek to reduce the risks and negative consequences associated with any operations related to virtual assets.
However, the Central Bank of Kuwait has identified 46 transactions and procedures that require its prior approval before being carried out by companies, banks and entities under its supervision. These operations include various actions involving joint-stock companies - public and closed.[1]
Energy carriers
Energy consumption per capita
and
Oil production
2024: Discovery of massive 2.1 billion barrel oil field
In July 2024, Kuwait announced the discovery of a huge amount of oil and gas at an offshore field. The Al Nuhida field could contain 2.1 billion barrels of light oil.
Kuwait is OPEC's fifth-largest oil producer with current output of about 2.48 million barrels per day. He intends to increase capacity to 4 million barrels per day by 2035.
2021
2020
For 2020, Kuwait continues to rely on hydrocarbons by 90%.
Saudi Arabia and Kuwait resume joint oil production at the al-Wafra field in the neutral zone on the border between the countries from July 1, 2020, oil production at the field will begin from 10 thousand barrels per day, and by the end of 2020 will grow eight times.
At the end of December 2019, the media reported that Kuwait and Saudi Arabia agreed on a neutral zone on the border between the two countries, which will allow them to restore oil production interrupted five years ago from the area. Mining there was halted in 2014 amid a territorial dispute between the two countries.
A neutral zone of more than 5.7 thousand square kilometers was created as part of the agreement between Kuwait and Saudi Arabia, signed in 1922. The volume of oil production in this zone can reach 500 thousand barrels per day.
R&D
2020: R&D expenses - $832 million
Agriculture
2019: Low use of pesticides in agriculture
Consumption
Meat
2023: Poultry meat is the most consumed type of meat
Education
2019: Number of years of education by citizens over 25
Health care
Maternity leave
in
Armed Forces
2024: Tanks delivered to Ukraine via Croatia
In January 2024, Serbian media reported on the upcoming delivery from Kuwait to Ukraine of old M-84AB tanks - modifications of Yugoslav-made licensed T-72. Formally, armored vehicles will be sold to Croatia, but they will be repaired there and then sent to Ukraine.
In exchange, the Croats will receive 25 Swiss Leopard 2A4 tanks, which Germany previously bought as part of a "ring exchange" to support the Kyiv regime. According to some information, the first six M-84 have already arrived in the Balkans.
The main question is how many cars will be transferred to the Armed Forces of Ukraine. In 1991, Kuwait had 149 tanks, but hardly all of them survived especially against the background of the fact that back in the 1990s the Kuwaiti army "transferred" to the American M1A2 Abrams. Therefore, the Rybar channel assumed that we were talking about several dozen M-84.
The scheme with purchases in the Middle East clearly shows the efforts of the West to find Soviet-made equipment in the world to supply the so-called. Ukraine as the "own" reserves in Europe are almost completely exhausted.
2023: US air base and its allies Es Salem
2022: 5th place in the list of the largest importers of weapons
Crime
Prisons
2022: Minimum age of imprisonment for children - 7 years
2018: Number of prisoners per 100 thousand citizens
History
1991: Iraq Attack
Poisonous smog hung over the Persian Gulf for about a year. Oil rains fell on the resorts of Turkey and the UAE. Then, in the Kuwaiti desert, a billion barrels of oil burned down.]]
1990
1955
Sport
2022: The most popular sport is football
in
Calendar
| The site content is translated by machine translation software powered by PROMT. The machine-translated articles are not always perfect and may contain errors in vocabulary, syntax or grammar. Read original article If you find inaccuracies or errors in the results of machine translation, please write to editor@tadviser.ru. We will make every effort to correct them as soon as possible. |