Kuwait

Abstract

Wikipedia Country Information

Kuwait (; Arabic: الكويت‎‎ al-Kuwait, Gulf Arabic pronunciation: [ɪl‿ɪkweːt] or [lɪkweːt]), officially the State of Kuwait (Arabic: دولة الكويت‎‎ Dawlat al-Kuwait), is a country in Western Asia. Situated in the northern edge of Eastern Arabia at the tip of the Persian Gulf, it shares borders with Iraq and Saudi Arabia. As of 2016, Kuwait has a population of 4.2 million people; 1.3 million are Kuwaitis and 2.9 million are expatriates. Expatriates account for 70% of the population.
Oil reserves were discovered in 1938. From 1946 to 1982, the country underwent large-scale modernization. In the 1980s, Kuwait experienced a period of geopolitical instability and an economic crisis following the stock market crash. In 1990, Kuwait was invaded by Iraq. The Iraqi occupation came to an end in 1991 after military intervention by coalition forces. At the end of the war, there were extensive efforts to revive the economy and rebuild national infrastructure.
Kuwait is a constitutional state with a semi-democratic political system. It has a high income economy backed by the world's sixth largest oil reserves. The Kuwaiti dinar is the highest valued currency in the world. According to the World Bank, the country has the fourth highest per capita income in the world. The Constitution was promulgated in 1962. The Kuwait National Cultural District is a member of the Global Cultural Districts Network.


Summary
Instruments ratified: 110 / 282
World Average Ratifications: 114 / 282
Ratification rate: 40.41%
World Average Rate: 41.25%
Weighted score: 46.11%
World Average Weighted Score: 41.25%
World rank: 87 / 194
Developing country rank: 40 / 87
Developing country Avg. Ratifications: 109 / 282
Western Asia rank: 8 / 18
Western Asia Avg. Ratifications: 118 / 282
Comparative Statistical Analysis
CONTRACTS Inst. ratified Country score World avg. score Country rank in world Strength
Agency 0/2 0.00% 2.00% 8 Weak
Conflict of laws 0/7 0.00% 3.00% 27 Weak
E-commerce 1/3 (33.33%) 33.33% 18.00% 33 Strong
Franchising 0/1 0.00% 0.00% 1 Average
Leasing/Factoring 0/2 0.00% 5.00% 13 Weak
Principles, trade usages and standards 0/2 0.00% 0.00% 1 Average
Procurement 0/4 0.00% 3.00% 31 Weak
Sale of Goods 0/5 0.00% 25.00% 89 Weak
Travel contracts 0/1 0.00% 3.00% 7 Weak
Total 1 7.25% 9.00% 94 Weak
 
CUSTOMS Inst. ratified Country score World avg. score Country rank in world Strength
Customs Codification 2/3 (66.67%) 100.00% 78.00% 1 Strong
Customs Cooperation 0/6 0.00% 26.00% 117 Weak
Exemption from Duties 0/9 0.00% 30.00% 133 Weak
Temporary Admission 0/11 0.00% 28.00% 126 Weak
Transit 1/4 (25.00%) 27.27% 28.00% 62 Weak
Total 3 8.70% 31.00% 146 Weak
 
DISPUTE RESOLUTION Inst. ratified Country score World avg. score Country rank in world Strength
Arbitration 1/6 (16.67%) 25.00% 32.00% 86 Weak
Judicial cooperation 2/5 (40.00%) 52.63% 36.00% 58 Strong
Recognition of foreign judgments 2/2 (100.00%) 100.00% 2.00% 1 Strong
State court jurisdiction 0/4 0.00% 14.00% 29 Weak
State court procedure 0/1 0.00% 6.00% 12 Weak
State immunities 0/1 0.00% 11.00% 22 Weak
Total 5 34.00% 29.00% 63 Strong
 
ENVIRONMENT AND PRODUCTS Inst. ratified Country score World avg. score Country rank in world Strength
Air 4/5 (80.00%) 80.00% 86.00% 59 Weak
Chemicals 1/1 (100.00%) 100.00% 78.00% 1 Strong
Energy 0/2 0.00% 25.00% 50 Weak
Flora and fauna 5/10 (50.00%) 54.35% 68.00% 152 Weak
Foodstuff 2/2 (100.00%) 100.00% 79.00% 1 Strong
General 1/1 (100.00%) 100.00% 95.00% 1 Weak
International watercourses 0/1 0.00% 18.00% 36 Weak
Maritime and Law of the Sea 11/26 (42.31%) 44.57% 46.00% 107 Weak
Protected geographical areas 0/1 0.00% 27.00% 54 Weak
Waste 1/1 (100.00%) 100.00% 93.00% 1 Weak
Total 25 56.77% 61.00% 121 Weak
 
FINANCE, PAYMENTS AND INSOLVENCY Inst. ratified Country score World avg. score Country rank in world Strength
Assignment of receivables 0/1 0.00% 1.00% 2 Weak
Bankruptcy and insolvency 0/1 0.00% 21.00% 41 Weak
Bills of exchange and promissory notes 0/4 0.00% 8.00% 43 Weak
Cheques 0/3 0.00% 13.00% 36 Weak
Credit transfers 0/1 0.00% 0.00% 1 Average
International guarantees 3/3 (100.00%) 100.00% 20.00% 1 Strong
Total 3 26.83% 12.00% 16 Strong
 
GOOD GOVERNANCE Inst. ratified Country score World avg. score Country rank in world Strength
Corruption 1/4 (25.00%) 41.67% 50.00% 92 Weak
Cultural Property 2/4 (50.00%) 50.00% 54.00% 61 Weak
Drugs 3/3 (100.00%) 100.00% 95.00% 1 Weak
Insider Trading 0/1 0.00% 4.00% 9 Weak
Organized crime 2/2 (100.00%) 100.00% 80.00% 1 Strong
Total 8 69.23% 68.00% 86 Weak
 
HUMAN RIGHTS AND LABOUR STANDARDS Inst. ratified Country score World avg. score Country rank in world Strength
Human Rights 7/7 (100.00%) 100.00% 96.00% 1 Weak
Labour Standards 8/8 (100.00%) 100.00% 86.00% 1 Strong
Total 15 100.00% 91.00% 1 Average
 
INSTITUTIONAL PARTICIPATION Inst. ratified Country score World avg. score Country rank in world Strength
Dispute Resolution 0/1 0.00% 39.00% 77 Weak
International Trade Law 7/10 (70.00%) 70.00% 73.00% 84 Weak
Trade support institutions 6/6 (100.00%) 100.00% 51.00% 1 Strong
Total 13 76.47% 63.00% 61 Strong
 
INTELLECTUAL PROPERTY Inst. ratified Country score World avg. score Country rank in world Strength
Broadcasting 0/1 0.00% 47.00% 93 Weak
Copyright 1/3 (33.33%) 45.45% 65.00% 112 Weak
Industrial designs 0/2 0.00% 31.00% 82 Weak
Integrated circuits 0/1 0.00% 2.00% 4 Weak
Neighboring Rights 0/3 0.00% 46.00% 120 Weak
Origin 0/3 0.00% 14.00% 51 Weak
Patents 1/5 (20.00%) 23.81% 57.00% 153 Weak
Trademarks 0/6 0.00% 33.00% 124 Weak
Varieties of plants 0/1 0.00% 37.00% 73 Weak
Total 2 10.53% 42.00% 164 Weak
 
INVESTMENTS Inst. ratified Country score World avg. score Country rank in world Strength
Investment disputes 1/2 (50.00%) 50.00% 39.00% 2 Strong
Investment guaranty 1/1 (100.00%) 100.00% 93.00% 1 Weak
Total 2 66.67% 57.00% 2 Strong
 
PRODUCTS Inst. ratified Country score World avg. score Country rank in world Strength
Marine Resources 0/1 0.00% 24.00% 48 Weak
Timber 0/1 0.00% 31.00% 61 Weak
General 1/1 (100.00%) 100.00% 92.00% 1 Weak
Total 1 38.46% 53.00% 85 Weak
 
TRANSPORT AND TELECOMMUNICATIONS Inst. ratified Country score World avg. score Country rank in world Strength
Air transport 7/7 (100.00%) 100.00% 59.00% 1 Strong
Aircrafts and civil aviation 7/9 (77.78%) 92.00% 74.00% 11 Strong
Maritime shipping and load lines 5/13 (38.46%) 60.00% 66.00% 139 Weak
Maritime transport 4/12 (33.33%) 33.33% 27.00% 55 Strong
Multi modal transport 0/2 0.00% 4.00% 15 Weak
Rail transport 0/3 0.00% 22.00% 50 Weak
Road transport 2/4 (50.00%) 55.56% 31.00% 48 Strong
Space 4/4 (100.00%) 100.00% 40.00% 1 Strong
Telecommunications 1/2 (50.00%) 83.33% 47.00% 26 Strong
Total 30 63.51% 50.00% 48 Strong
 
TREATIES LAW Inst. ratified Country score World avg. score Country rank in world Strength
General 1/4 (25.00%) 41.67% 30.00% 41 Strong
Total 1 41.67% 30.00% 41 Strong
 
WTO Inst. ratified Country score World avg. score Country rank in world Strength
Plurilateral Agreements 0/2 0.00% 18.00% 45 Weak
WTO Agreements 1/1 (100.00%) 100.00% 81.00% 1 Strong
Total 1 45.45% 47.00% 45 Weak
 
Strengths and Weakness
Strong
Contracts E-commerce
Customs Customs Codification
Dispute resolution Judicial cooperation
Dispute resolution Recognition of foreign judgments
Environment and products Chemicals
Environment and products Foodstuff
Finance, payments and insolvency International guarantees
Good Governance Organized crime
Human Rights and Labour Standards Labour Standards
Institutional Participation Trade support institutions
Investments Investment disputes
Transport and telecommunications Air transport
Transport and telecommunications Aircrafts and civil aviation
Transport and telecommunications Maritime transport
Transport and telecommunications Road transport
Transport and telecommunications Space
Transport and telecommunications Telecommunications
Treaties law General
WTO WTO Agreements
 
Average
Contracts Franchising
Contracts Principles, trade usages and standards
Finance, payments and insolvency Credit transfers
 
Weak
Contracts Agency
Contracts Conflict of laws
Contracts Leasing/Factoring
Contracts Procurement
Contracts Sale of Goods
Contracts Travel contracts
Customs Customs Cooperation
Customs Exemption from Duties
Customs Temporary Admission
Customs Transit
Dispute resolution Arbitration
Dispute resolution State court jurisdiction
Dispute resolution State court procedure
Dispute resolution State immunities
Environment and products Air
Environment and products Energy
Environment and products Flora and fauna
Environment and products General
Environment and products International watercourses
Environment and products Maritime and Law of the Sea
Environment and products Protected geographical areas
Environment and products Waste
Finance, payments and insolvency Assignment of receivables
Finance, payments and insolvency Bankruptcy and insolvency
Finance, payments and insolvency Bills of exchange and promissory notes
Finance, payments and insolvency Cheques
Good Governance Corruption
Good Governance Cultural Property
Good Governance Drugs
Good Governance Insider Trading
Human Rights and Labour Standards Human rights
Institutional Participation Dispute Resolution
Institutional Participation International Trade Law
Intellectual property Broadcasting
Intellectual property Copyright
Intellectual property Industrial designs
Intellectual property Integrated circuits
Intellectual property Neighboring Rights
Intellectual property Origin
Intellectual property Patents
Intellectual property Trademarks
Intellectual property Varieties of plants
Investments Investment guaranty
Products General
Products Marine Resources
Products Timber
Transport and telecommunications Maritime shipping and load lines
Transport and telecommunications Multi modal transport
Transport and telecommunications Rail transport
WTO Plurilateral Agreements
Instruments ratifications

Restricted content, please sign in for view.

Historical Data

Restricted content, please sign in for view.

Download

Restricted content, please sign in for view.