Finding Out About...
  Australia, Kuwait, Qatar and the United Arab Emirates
 


Economy —

Key indicators


Sydney

 

 

 

 

 


United Arab Emirates

 

 

 

 

 

 

Kuwait

   

AUSTRALIA

  KUWAIT   QATAR   UAE
                 
GDP (purchasing power parity):   $642.7 billion (2005 est.)   $51.62 billion (2005 est.)   $22.47 billion (2005 est.)   $74.51 billion (2005 est.)
                 
GDP — real growth rate:   2.7% (2005 est.)   4.5% (2005 est.)   8.8% (2005 est.)   6.7% (2005 est.)
                 
GDP — per capita:   Purchasing power parity - $32,000 (2005 est.)   Purchasing power parity - $22,100 (2005 est.)   Purchasing power parity - $26,000 (2005 est.)   Purchasing power parity - $29,100 (2005 est.)
                 
GDP — composition by sector:   Agriculture: 4%
industry: 26.4%
services: 69.6% (2004 est.)
  Agriculture: 0.5%
industry: 52.1%
services: 47.4% (2005 est.)
  Agriculture: 0.2%
industry: 81%
services: 18.8% (2005 est.)
 

Agriculture: 4%
industry: 58.5%
services: 37.5% (2002 est.)

                 
Labour force:   10.42 million (2005 est.)   1.67 million
note: non-Kuwaitis represent about 80% of the labour force (2005 est.)
  440,000
(2005 est.)
 

2.8 million
note: 73.9% of the population in the 15-64 age group is non-national (2005 est.)

                 
Labour force — by occupation:   Agriculture 3.7%,
industry 26.4%, services 70% (2004 est.)
  Agriculture NA, industries NA, services NA   Agriculture NA, industries NA, services NA   Agriculture 7%, industry 15%, services 78% (2000 est.)
                 
Unemployment rate:   5.2% (2005 est.)   2.2% (2004 est.)   2.7% (2001)   2.4% (2001)
                 
Household income or consumption by percentage share:   Lowest 10%: 2%
highest 10%: 25.4% (1994)
  Lowest 10%: NA
highest 10%: NA
  Lowest 10%: NA
highest 10%: NA
 

Lowest 10%: NA
highest 10%: NA

                 
Inflation rate (consumer prices):   2.7% (2005 est.)   3.5% (2005 est.)   7.8% (2005 est.)   4.5% (2005 est.)
                 
Investment (gross fixed):   24.8% of GDP (2005 est.)   6.6% of GDP (2005 est.)   20.9% of GDP (2005 est.)   20.7% of GDP (2005 est.)
                 
Budget:   Revenues:
$249.8 billion
expenditures: $240.2 billion, including capital expenditures of NA (2005 est.)
  Revenues: $47.21 billion
expenditures: $20.77 billion, including capital expenditures of NA (2005 est.)
  Revenues: $17.31 billion
expenditures: $11.31 billion, including capital expenditures of $2.2 billion (2005 est.)
 

Revenues: $34.93 billion
expenditures: $29.41 billion, including capital expenditures of $3.4 billion (2005 est.)

                 
Public debt:   16.2% of GDP (2005 est.)   17.6% of GDP (2005 est.)   36.7% of GDP NA (2005 est.)   17.5% of GDP (2005 est.)
                 
Agriculture — products:   Wheat, barley, sugarcane, fruits; cattle, sheep, poultry   Practically no crops; fish   Fruits, vegetables; poultry, dairy products, beef; fish   Dates, vegetables, watermelons; poultry, eggs, dairy products; fish
                 
Industries:   Mining, industrial and transportation equipment, food processing, chemicals, steel   Petroleum, petrochemicals, cement, shipbuilding and repair, desalination, food processing, construction materials   Crude oil production and refining, ammonia, fertilisers, petrochemicals, steel reinforcing bars, cement, commercial ship repair   Petroleum, fishing, aluminium, cement, fertilisers, commercial ship repair, petrochemicals, construction materials, some boat building, handicrafts, textiles
                 
Industrial production growth rate:   1.6% (2005 est.)   -5%
(2002 est)
  10%
(2003 est)
  4% (2000)
                 
Current account balance:   $-41.1 billion (2005 est.)   $31.51 billion (2005 est.)   $10.53 billion (2005 est.)   $25.66 billion (2005 est.)
                 
Exports:   $103 billion (2005 est.)   $44.43 billion f.o.b. (2005 est.)   $24.9 billion f.o.b. (2005 est.)   $103.1 billion f.o.b. (2005 est.)
                 
Exports - partners:   Japan 18.7%, China 9.2%, US 8.1%, South Korea 7.8%, New Zealand 7.4%, India 4.6%, UK 4.2% (2004)   Japan 20.5%, South Korea 13.7%, US 12.4%, Singapore 11.3%, Taiwan 9.9% (2004)   Japan 41.9%, South Korea 15.8%, Singapore 9.1%, India 5.4% (2004)   Japan 24.8%, South Korea 9.9%, India 5.4%, Thailand 5.2% (2004)
                 
Imports:   $119.6 billion (2005 est.)   $12.23 billion (2005 est.)   $6.706 billion (2005 est.)   $60.15 billion (2005 est.)
                 
Imports - partners:   US 14.8%, China 12.7%, Japan 11.8%, Germany 5.8%, Singapore 4.4%, UK 4.1% (2004)   US 12.9%, Germany 11.9%, Japan 7.9%, UK 5.5%, Saudi Arabia 5.5%, Italy 5%, France 4.5%, China 4.1% (2004)   France 26.6%, US 9.5%, Saudi Arabia 9.4%, UAE 6.3%, Germany 5.2%, Japan 5.2%, UK 5.1% (2004)   China 10%, India 9.8%, Japan 6.8%, Germany 6.5%, UK 6.2%, France 6.1%, US 6% (2004)