Kuwait

Kuwait, officially the State of Kuwait, is located on the northern edge of Eastern Arabia at the tip of the Arabian Gulf. It shares borders with Iraq and Saudi Arabia. As of 2022, Kuwait has a population of 4.4 million people; 70% of the population are expatriates, and 60 % of the population (including Kuwaitis) are Arab.

Oil reserves were discovered in 1938. From 1946 to 1982, the country underwent large-scale modernization. Kuwait is a constitutional monarchy with 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, making Kuwait the most democratic country in the region.