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The greatest cases of inequity typically would involve an impoverished and politically unstable country neighbouring a resource-rich and relatively stable one, although neither may be recognised as a high-income economy. As an extreme example, the GDP per capita for Saudi Arabia, is over 42 times greater to that of its neighbour Yemen.
Kuwait was the world's biggest exporter of sulfonated, nitrated and nitrosated hydrocarbons in 2019. [121] Kuwait was ranked 63rd out of 157 countries in the 2019 Economic Complexity Index (ECI). [121] Iraq was Kuwait's leading export market in 2019 and food/agricultural products accounted for 94.2% of total export commodities. [122]
Kuwait: Western Asia: High income 36.02 2000 Laos: South-eastern Asia: Lower middle income 38.8 2018 38.80 2019 Lebanon: Western Asia: Lower middle income 31.8 2011 31.83 2012 Liberia: Western Africa: Low income 35.3 2016 35.27 2016 Libya: Northern Africa: Upper middle income 30.20 2008 Saint Lucia: Caribbean: Upper middle income 43.7
Kuwait City is located on Kuwait Bay, a natural deep-water harbor. Kuwait's Burgan field has a total capacity of approximately 70 billion barrels (11 billion cubic metres) of proven oil reserves. During the 1991 Kuwaiti oil fires, more than 500 oil lakes were created covering a combined surface area of about 35.7 km 2 (13 + 3 ⁄ 4 sq mi). [233]
Definitions of the poverty line vary considerably among nations. For example, rich nations generally employ more generous standards of poverty than poor nations. Even among rich nations, the standards differ greatly. Thus, the numbers are not comparable among countries. Even when nations do use the same method, some issues may remain. [10]
The list of "least developed countries" according to the United Nations with some that are categorized into the landlocked developing countries and the Small Island Developing States: [23] Africa Angola Benin Burkina Faso [24] Burundi [24] Central African Republic [24] Chad [24] Comoros [25] D.R. Congo Djibouti Eritrea Ethiopia [24] The Gambia
Countries by total wealth, 2022 (2023 publication) National net wealth, also known as national net worth, is the total sum of the value of a country's assets minus its liabilities.
Countries by nominal GNI per capita according to the Atlas method (2018) This is a list of countries by gross national income per capita in 2023 at nominal values, according to the Atlas method, an indicator of income developed by the World Bank. [1]