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Kuwait Profile

Kuwait gained independence from the UK in 1961 and is under the hereditary rule of the Al Sabah family. The economy has come to be almost entirely dominated by oil, allowing the government to enjoy substantial powers of patronage, and drawing in expatriate workers.

There is no tax on the income of individuals, and tax on nationals is limited to zakat (charitable) deductions. There is no general consumption tax, and few indirect taxes. Taxes on foreign businesses, which formerly ranged up to 55% in the energy sector, were cut to a flat rate of 15% in early 2008, and capital gains tax on stock-market holdings was abolished.

The trade surplus was equivalent to 38% of GDP in 2007. Exports are dominated by oil sales, which comprised over 95% of total exports in 2007, in turn financing a rising level of imports.

Kuwait's Online Media Usage and Statistics

Kuwait has a burgeoning online community with all of the local papers providing digital platforms for the electronic readership of their content.

Internet Usage Statistics:
900,000 Internet users as of March/08, 34.7% of the population, according to ITU.

Latest Population Estimate:
2,596,799 population for 2008, according to
Census Bureau
.

Gross National Income:
GNI per capita is US$ 17,970 ('05) according to World Bank
.

Kuwait Country Area (Size):
17,818 sq km and the population density is 148 persons per sq km.


Internet Growth and Population Statistics:

YEAR/font>

Users

Population

% Pop.

Usage Source

2000

150,000

2,424,422

5.8 %

ITU

2003

567,000

2,530,012

22.4 %

ITU

2005

600,000

2,630,775

22.8 %

ITU

2008

900,000

2,596,799

34.7 %

ITU


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