Kuwait is an Arab country in Western Asia. Situated in the northern edge of Eastern Arabia at the tip of the Persian Gulf, it shares borders with Iraq to the north and Saudi Arabia to the south. According to CIA, Kuwait has a population of 2.6 million as of 2012.
In the eighteenth and nineteenth centuries, Kuwait was a successful center of trade and commerce. it rivaled Basra as an entrepôt for trade between India and the Middle East. In the early 20th century, Kuwait declined in regional economic importance and by 1934, Kuwait had lost its prominence in long-distance trade. Kuwait’s economy was devastated by several trade blockades; before these blockades it was prosperous.
During World War I, the British Empire imposed a trade blockade against Kuwait because it’s ruler supported the Ottoman Empire. Following the Kuwait–Najd War of 1919-1920, Saudi Arabia imposed a trade blockade against Kuwait for 14 years from 1923 until 1937. After World War I, Kuwait emerged as an independent sheikhdom under the protection of the British Empire. Kuwait’s oil fields were discovered in 1937. Kuwait ended its treaties with the United Kingdom in 1961. In 1990, Kuwait was invaded and annexed by neighboring Iraq. The seven month-long Iraqi occupation came to an end after direct military intervention by United States-led forces. Kuwait’s infrastructure was badly damaged during the war and had to be rebuilt.
it is a constitutional monarchy with a parliamentary system of government. Kuwait City is the country’s political and economic capital. Kuwait has the most liberal political system in the GCC. Kuwait is classified as a high income economy by the World Bank. The country has the world’s fifth largest oil reserves.