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Kuwait is rich because it has huge deposit of liquid gold .... OIL....! Every one in this world needs this source of energy and the ever increasing demand has seen oil rich countries like Kuwait to become rich.

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14y ago
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15y ago

It's what's called a Newly Industrialized Country. It means there is industry there, and more developing soon.

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12y ago

Kuwait has a GDP of 167.9 US dollars and a per capita income of 81,800 US dollars, making it the 5th richest country in the world.

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13y ago

Rich, Kuwait is a developed country

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Q: Why is Kuwait so rich?
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Related questions

Why is Kuwait important?

It is very rich in oil.


What do rich people eat in Kuwait?

they eat food


A small oil-rich country in southwest Asia?

kuwait


Which country was invaded in gulf war in 1991?

Iraq, in response to its invasion of Kuwait in 1990.


What countries are the most oil-rich in the middle east?

-Kuwait -UAE -Saudi Arabia


Why does Kuwait act very poor when they are actually rich?

Kuwait does not act poor. when in need they ask help for the neighboring countries. they have money to support their country. Kuwait is a beautiful country.


Which tiny oil rich country was invaded by Iraq in the early 1990?

Kuwait


Which oil-rich kingdom did Saddam Hussein order an invasion of in 1990?

Kuwait.


Which tiny oil-rich country was invaded by Iraq in the early 1990s?

Kuwait


The amir now sabah of Kuwait is he rich?

everybody knows that Kuwait is very very very rich country so off cause the Amir will be rich and one of Kuwaities celebration in FEB 25 ,2011 he gave every single Kuwaiti free food for 15 month and he gave to kuwaiti 1000 Dinar(kuwaiti money EX:$ in US) and kuwaitis love him so much because he's really nice with them he always give kuwaitis money


Was The Persian Gulf War a result of Iraq invading Kuwait for their rich oil supply?

That is essentially true, although the motives for Iraq's invasion of Kuwait were a bit more complicated than that. Iraq had borrowed billions of dollars from Kuwait, to help finance its war with Iran, and it did not want to repay that loan. There were disputes about oil wells on the border between Iraq and Kuwait. It is also true that in an earlier historical period, Kuwait used to be part of Iraq, so it could be argued that Iraq was asserting a historical ownership of that region. And aside from all that, Saddam Hussein announced that his purpose for invading Kuwait was to (as he put it) liberate Palestine. I interpret this to mean, he wished to build a large empire which would then have enough military power to take on Israel. So there were lots of motives. But basically yes, Iraq wanted Kuwait's rich oil supply. And the rest of the world objected to this violation of the UN charter. From our current perspective in 2013, it is hard to be sure if this was really such a good idea. Perhaps we should have just let Iraq have Kuwait.


What country in the middle east is an oil rich country?

Saudi Arabia, Iraq, Kuwait, and mostly countries east and south east of the Arabian peninsula.