Kuwait: Average per capita income

Published July 9th, 2006 - 03:20 GMT
Al Bawaba
Al Bawaba

According to Al-Yaum newspaper, the National Bank of Kuwait reported that the volume of Kuwait's GDP climbed by 35% in 2005 to reach KD 23.6 billion ($81 billion) by year end compared with an average growth rate of 23% over the previous two years. Meanwhile, the volume of Kuwait's total national income climbed by 35.8% in 2005 to reach KD 26 billion ($90 billion) by year end.

 

The same paper reported that the average per capita income in the State of Kuwait hit $34,482 in 2005, which is the second highest in the Arabian Gulf region, after the State of Qatar.