25 Richest Country in the World (No. 5)

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3 years ago

°°Kuwait°°

• GNI per capita: $72,872

• 2017 GDP: $271.1 billion (57th out of 196 countries)

• Population: 4.1 million

• Life expectancy at birth: 74.8 years

Kuwait is one of just five nations with a GNI per capita above $70,000. Unlike most other countries that rank among the wealthiest in the world, Kuwait does not have a diverse economy. Petroleum accounts for more than 84% of its exports. Kuwait ranks as one of the most corrupt nations on this list, likely resulting in an uneven dispersal of the wealth created from petroleum.

Along with fellow oil-rich nation Saudi Arabia, Kuwait is one of the only countries that rank among the richest in the world that saw a decline in their GDP in 2017. Kuwait actually had one of the sharpest decreases in GDP of any country, with an economic contraction of 2.9%.

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Nice picture please subscribe me also back dear

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3 years ago

Great findings. Could it be that their wealth is in few hands as a result of the corruption?

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3 years ago

yeah i already check their currecy value, and it shocks me that this small country has that much amount and value of their currency, many of workers travelling to that country to earn enough money

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3 years ago