Afghanistan vs Kuwait: Economic Indicators Comparison

Kuwait with a GDP of $140.6B ranked the 58th largest economy in the world, while Afghanistan ranked 116th with $19.4B. By GDP 5-years average growth and GDP per capita, Kuwait and Afghanistan ranked 163rd vs 125th and 30th vs 191st, respectively.

Gross Domestic Product & Income

Stat	Afghanistan	Kuwait
GDP	$19.4B	$140.6B
GDP growth, 1 year	2.3%	1.7%
GDP growth, 5-years average	2.2%	0.5%
Population	34.9M	4.6M
GDP per capita	$521	$34k
GDP per capita growth	-1.35%	-0.74%
Purchasing Power Parity conversion factor	19.27	0.14
Price level ratio of PPP conversion factor GDP to market exchange rate	0.27	0.47
GDP per capita, PPP adjusted	$2k	$67k
GNI, Atlas method	$20.3B	$141.9B
GNI per capita	$550	$34k
GNI, PPP adjusted	$73.1B	$348.6B
GNI per capita, PPP adjusted	$2k	$84k

Financial system and Human development

Stat	Afghanistan	Kuwait
Income Tax Rate	20%	0%
Corporate Tax Rate	20%	15%
Inflation, consumer prices	0.6%	0.7%
Inflation, GDP deflator	0.8%	14.6%
Unemployment	1.5%	2.1%
Economic Freedom Index	54.7	63.2
Personal Freedom Index	4	6.24
Human Freedom Index	4	6.6
Property Rights Index	48.3	57.1
Judical Effectiveness Index	30	47
Business Freedom Index	54.7	61.3
Fiscal Health Index	99.9	99.6
Labor Freedom Index	61.6	62.2
Investment Freedom Index	10	55
Financial Freedom Index	10	60
Trade Freedom Index	66	76.4
Monetary Freedom Index	81	73.2
Government Spending Index	79.2	22.4
Tax Burden Index	91.4	97.7
Government Integrity Index	24.8	46
Corruption Perceptions Index	16	41
Life expectancy at birth, years	64.1	75.3
Suicide mortality rate, per 100,000 people	4.7	2.3
Mortality caused by road traffic injury, per 100,000 people	15.1	17.6
Intentional homicides, per 100,000 people	7.1	1.8
International tourism, number of arrivals	N/A	8.5M

Government debt & reserves

Stat	Afghanistan	Kuwait
Central government debt, % of GDP	7.1%	14.8%
External debt stocks, % of GNI	13.4%	N/A
External debt stocks	$2.6B	N/A
Short-term debt, % of total reserves	4.4%	N/A
Total debt service, % of exports and primary income	4.9%	N/A
Adjusted net savings including particulate emission damage, % of GNI	2.7%	14.6%
Gross savings, % of GDP	18.7%	43.2%
Gross capital formation, % of GDP	19.2%	25.2%
Total reserves including gold	$8.2B	$40.3B
Foreign direct investment net inflows	$119.4M	-$21.4M

Exports, imports and economic structure

Stat	Afghanistan	Kuwait
Exports of goods and services, % of GDP	5.9%	56.7%
Imports of goods and services, % of GDP	45.3%	43.8%
Current account balance (balance of payments)	-$3.7B	$24B
Revenue excluding grants, % of GDP	12.2%	38.6%
Grants excluding technical cooperation, BoP	$3.3B	$1.6M
Personal remittances received	$803.5M	$27.7M
Industry including construction value added, % of GDP	22.1%	59.6%
Agriculture, forestry and fishing value added, % of GDP	20.5%	0.4%
Charges for the use of intellectual property, payments BoP	$2.4M	N/A
Charges for the use of intellectual property, receipts BoP	$13k	N/A
Expense, % of GDP	36.7%	52%
Government Expenditure, % of GDP	26.3%	50.9%