Although Kuwait, a country with a population of 1,973,572, has a relatively low IMR with it being only 12/1000, its RNI is considerably low also. By having an RNI increase of only 2 percent, this country could encounter some hardships with population growth in the future. Nonetheless, the TFR of Kuwait is 3.3, making this country a part of the less developed countries with higher rates. Since the developed countries have an average TFR of 2.9, Kuwait itself is quite above average. It is definitely staying above the 2.1 that it takes to keep the population stable. On t

By Kuwait having its economy traditionally dominated by the state and its oil industry, I believe that the country is going to encounter many problems in its future. With the different population problems, lessening oil supply and deficiency of both food and water, this country does not have many options. In short, it needs to saver the few natural resources it has and begin to create other ways of making a profit before its too late.

he other hand, Kuwait is much smaller than the developed countries in the sense of GDP. While many of the developed countries have numbers that are way into the high millions, Kuwait only has a GDP of 34.2 billion, a growth rate of 3 percent. This shows that the total value of everything produced in Kuwait is much less than the value of everything produced in the other countries.

As one of the world’s leading oil-producing states, Kuwait’s economy is heavily dependent on oil revenues. With approximately 65 percent of the population under the age of 25, and with around 90 percent of employees in the private sector currently Kuwaiti citizens, creating jobs for the young people of Kuwait has been a major objective of the government. However, with its oil production averaging 2 million barrels per day around 1994 with the many different fields it has, the government has been continuing to record large fiscal deficits. Since petroleum accounts for nearly half of Kuwait’s GDP, 90 percent of export revenues, and 70 percent of the government income, Kuwait would be in dire trouble if their supply ran out. Over the last couple of years they have had some of their major field’s oil and gas output cut sharply because of unfortunate explos

Some topics in this essay:
Kuwait’s GDP, Indian Ocean, Kuwait GDP, Persian Gulf, TFR Kuwait, Kuwait Arab, developed countries, Saudi Arabia, oil supply, country encounter, gathering centers, booster station, value produced, dependent oil, food water, 90 percent,