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At the time, Kuwait was considered the most developed country in the region. [133] [134] [135] Kuwait was the pioneer in the Middle East in diversifying its earnings away from oil exports. [136] The Kuwait Investment Authority is the world's first sovereign wealth fund.
In the 1960s and 1970s, Kuwait was the most developed country in the region. [160] [161] [162] Kuwait was first Middle East country to diversify its revenue away from oil exports, [163] establishing the Kuwait Investment Authority as the world's first sovereign wealth fund.
The index was developed in 1990 by Pakistani economist Mahbub ul Haq [1] and Indian economist Amartya Sen. [ 2 ] The table below presents the latest Human Development Index (HDI) [ 3 ] for countries in Asia and the Pacific as included in a Development report of united nations development programme released on 13 March 2024 and based on data ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 20 December 2024. Country with a developed economy and infrastructure "Industrial nation" redirects here. For the magazine, see Industrialnation. Not to be confused with Developing country. For the investing classification, see Developed market. Developed countries (IMF) Developing countries (IMF) Least ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 11 December 2024. World map of countries or territories by Human Development Index scores in increments of 0.050 (based on 2022 data, published in 2024) ≥ 0.950 0.900–0.950 0.850–0.899 0.800–0.849 0.750–0.799 0.700–0.749 0.650–0.699 0.600–0.649 0.550–0.599 0.500–0.549 0.450–0.499 0. ...
The economy of Kuwait is a wealthy petroleum-based economy. [15] Kuwait is one of the richest countries in the world. [16] [17] [18] The Kuwaiti dinar is the highest-valued unit of currency in the world. [citation needed] According to the World Bank, Kuwait is the fifth richest country in the world by gross national income per capita. [19]
Country GDP nominal billions of USD List of countries by GDP (per capita) Qatar 235.500: 82,887 Israel 530: 55,359 Cyprus 26.705: 53,705 UAE 536.829: 52,407 Kuwait 183.568
This article lists the countries of the Arab League sorted by their gross domestic product (GDP) at nominal values. GDP is the value of all final goods and services produced within a nation in a given year. The table below shows the nominal GDP and GDP per capita for the 22 Members of the Arab League in 2024.