Kuwait is considered a developed nation. A nation's level of development is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality and quality of life. As a developed nation, Kuwait is able to offer its citizens social services such as public education, health care and law enforcement. Citizens of developed countries enjoy a high standard of living and longer life expectancies than citizens of developing countries. Each year, Kuwait exports about US$112 billion and imports about US$24.42 billion. 2.1% of the country's population is unemployed. The total number of unemployed in Kuwait is 88,140. Government spending on education is 3.8% of GDP. The country's Gini index is 30. Kuwait experiences good equality. The majority of Kuwaiti citizens fall within a narrow income bracket, although some cases can show significant disparities. Kuwait has a Human Development Index (HDI) of 0.814. Kuwait has a high HDI score. This suggests that the majority of citizens will be able to live a worthwhile life while providing significant help and support to citizens with lower living standards. The Global Peace Index (GPI) for Kuwait is 1.626. Due to the strong presence of the law enforcement authorities and the high level of social responsibility, Kuwait is very safe in international comparison. Kuwait's Strength Law Index is 2. Overall, it is considered rather weak – bankruptcy and collateral laws fail to protect borrowers' and lenders' rights in the event of credit-related complications; Credit information, if any, is scarce and difficult to access.

Currency
The currency of Kuwait is the Kuwaiti dinar. The plural form of the word Kuwaiti dinar is dinar. The symbol used for this currency is د.ك and is abbreviated as KWD. The Kuwaiti dinar is divided into fils; There are 1000 in a dinar.

Credit rating
According to the credit rating agency S&P, Kuwait has a credit rating of AA and the prospects for this rating are stable. According to the rating agency Fitch, Kuwait has a credit rating of AA and the prospects for this rating are stable. According to the rating agency Moody's, Kuwait has a credit rating of Aa2 and the prospects for this rating are stable.

Central bank
In Kuwait, the institution that manages the state's currency, money supply and interest rates is called the Central Bank of Kuwait. Locally, the central bank of Kuwait is called بنك الكويت المركزي. The average interest rate on deposits offered by local banks in Kuwait is 2%.

National debt
Kuwait's national debt has not yet been calculated.

Control information
Corporate tax in Kuwait is 0%. Personal income tax ranges from 0% to 0% depending on your specific situation and income level. VAT in Kuwait is 16%.

Finances
The total Gross Domestic Product (GDP) valued as Purchasing Power Parity (PPP) in Kuwait is US$282638 billion. The gross domestic product (GDP) per capita in Kuwait, calculated as purchasing power parity (PPP), was last at 67 million US dollars. PPPs in Kuwait are considered below average compared to other countries. Below-average PPPs indicate that citizens in this country find it difficult to buy local goods. Local goods can include food, shelter, clothing, healthcare, personal hygiene, essential furnishings, transportation and communications, laundry, and various types of insurance. Countries with below-average purchasing power parities are dangerous locations for investments. The total gross domestic product (GDP) in Kuwait is 175,831 billion. Based on this statistic, Kuwait is considered to be medium strong. Middle economy countries support an average number of industries and investment opportunities. It shouldn't be too difficult to find worthwhile investment opportunities in mid-sized economies. The gross domestic product (GDP) per capita in Kuwait was recently 42 million US dollars.