Kuwait was ranked 63rd out of 157 countries in the 2019 Economic Complexity Index (ECI).

Kuwait was the world's biggest exporter of sulfonated, nitrated and nitrosated hydrocarbons in 2019. In 2019, Kuwait's main export products were mineral fuels including oil (89.1% of total exports), aircraft and spacecraft (4.3%), organic chemicals (3.2%), plastics (1.2%), iron and steel (0.2%), gems and precious metals (0.1%), machinery including computers (0.1%), aluminum (0.1%), copper (0.1%), and salt, sulphur, stone and cement (0.1%). Steel manufacturing is Kuwait's second biggest industry. As a result of various diversification policies, petroleum now accounts for 43% of the total GDP and 70% of export earnings. Kuwait's economy is the world's twentieth-largest by GDP per capita. According to the World Bank, Kuwait is the fifth richest country in the world by gross national income per capita. The Kuwaiti dinar is the highest-valued unit of currency in the world. Kuwait is one of the richest countries in the world. The economy of Kuwait is a wealthy petroleum-based economy. All values, unless otherwise stated, are in US dollars.

Kuwait city in global trading hub