5 Signs Kuwait is One of the Richest Countries in the World | ExpatWoman.com
 

5 Signs Kuwait is One of the Richest Countries in the World

Displays of wealth is not unusual for the the Gulf region and Kuwait is no exception.

Posted on

4 July 2017

Last updated on 4 July 2017
5 Signs Kuwait is One of the Richest Countries in the World

Kuwait is a country full of wealth created from the small petroleum-based economy as well as a leading position in the financial service for GCC countries. These industries combined have led Kuwait’s dinar to be the highest valued currency in the world.

1. Their currency is the most expensive in the entire world. Enough said. 

Most people tend to think of the Euro, the Pound and American dollars as the top currencies in the world. However, that's not true. In fact, the top three currencies are all from the GCC. 


Shocked

2. Their population is only about 4 million

Their small population means that their capita per person equates to being very high. Hence, pushing them to be the second richest country in the GCC and fifth in the world. 


Really

3. The cars are outrageous

It’s like one huge competition of whose car accelerates the fastest. If you don't have a luxury car here, you're at least always admiring one. 


Rolls Royce

4. They have a pond full of gold

They have enough petrol to account for over half of Kuwait's GDP, 94% of its export revenues and 90% of the government income.


Money

5. Having everything done for you is not uncommon

When having home help, gardeners, drivers and car cleaners is the norm, that's when you know there are ultra rich people. 


Rich people