Kuwait gained its independence in 1961 from Brittan, until it
was attacked and overran by Iraq August 2nd 1990. After a four day battle led by US ground
forces Kuwait was liberated from Iraq in 1991.
Kuwait’s ethnic groups include only 45% Kuwaiti and 55% other Arab and
South Asian, meaning many of the people have immigrated to the country. Kuwait has a staggering 98% urban population
with a 2.1% annual urbanization rate.
Nearly all of the population of Kuwait lives in an urban area.
Kuwait’s economic standing is quite interesting. With a population of 2,650,000 people and a
GDP of 158.4 billion, the GDP per capita is a staggering $41,700. This is quite high as compared to some of the
other countries that I have been deployed to.
Kuwait gets most of its revenue from selling oil to the rest of the
world. In fact oil makes up about 95% of
Kuwait’s exports. Furthermore, according to the CIA World Fact Book Kuwait has “104
billion barrels- about 7% of the world’s reserve” in its own reserve. As Kuwait
begins to become more powerful on the worldly economy field, the government plans
to spend over $130 billion over the next five years to diversify the country’s
exports and bring in new frontiers of business.
Kuwait is one of the strongholds in the Middle East. The country has a strong economic standing in
the world, and has overcome many obstacles in its short independence. The Country maybe small, but it has a powerful
standing in the world’s petroleum industries, making it a country to be
reckoned with.
References:
CIA World Fact Book. Kuwait. https://www.cia.gov/library/publications/the-world-factbook/
Hess, Darrel. Physical Geography: a Landscape Appreciation.
Tenth Addition. Upper Saddle River, New Jersey. 2011.
Rubenstein, James M. Contemporary Human Geography. 2nd
Ed. Glenview IL. 2013.