The State of Kuwait is a sovereign Arab state situated in the north-east of the Arabian Peninsula in Western Asia. It lies on the north-western shore of the Persian Gulf and is bordered by Saudi Arabia to the south and Iraq to the north. Link to external site : Website for Kuwait |  |
| Wallets | |
| Development | Developed |
| Send or Receive |
Send Register/Log In |
| GDP ($m) |
112,116.20 Register/Log In |
| HDI classification | Very High |
| Mobile Connections (m) |
4.952 Upgrade to Bronze |
| Currency | KWD |
| Class | |
| CountryISO | KW |
| Sovereignity | Country |
| Territory of | - NA - |
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{"type":"PieChart","data":[["Operator","Connections"],["Ooredoo Maldives (formerly Wataniya Telecom, Qtel)",2063596],["Zain",1950000],["Viva (KTC)",938669]],"options":{"title":"Connections","is3D":true}}
{"type":"ColumnChart","data":[["Year","Connections"],["Q4 2000",507000],["Q4 2001",1002164],["Q4 2002",1265556],["Q4 2003",1762026],["Q4 2004",2109694],["Q4 2005",2379811],["Q4 2006",2529679],["Q4 2007",2773688],["Q4 2008",3212733],["Q4 2009",4023929],["Q4 2010",4471907],["Q4 2011",4748627],["Q4 2012",4948695],["Q4 2013",5100094],["Q4 2014",5211131]],"options":{"title":"Connections"}}
| Channel Analysis |
No data to report Upgrade to Bronze |
| COT Analysis |
No data to report Upgrade to Bronze |
| Persona Analysis |
No data to report Upgrade to Bronze |
| Products |
No data to report Upgrade to Bronze |
| PI Analysis |
No data to report Upgrade to Bronze |
| Central Bank | |
| Key Regulations | |
| Type of law |
Hybrid Upgrade to Bronze |
| Legal System |
Mixed legal system consisting of English common law, French civil law, and Islamic religious law Upgrade to Bronze |
| Law is based on | |
| Approach |
Ex Ante Upgrade to Bronze |
| Sectors active in Digital Money |
NonBank Upgrade to Bronze |
| Exclusivity | |
| Certainty | |
| Openness |
Medium Upgrade to Bronze |
| Proportionate? | |
| Allowed Models |
Jointly Led Upgrade to Bronze |
| DominantModel |
Jointly Led Upgrade to Bronze |
| E-Money | |
| Payment | |
| Agent | |
| Money Transfer | |
| Taxation |
{"type":"Gauge","data":[["Label","Value"],["Mobile Penetration",154.13],["Banked",24],["Internet",34],["Urban",98],["Adult",77],["Literate",94.45812282]],"options":{"scaleHeight":0.5,"min":0,"max":100,"redFrom":76,"redTo":100,"yellowFrom":26,"yellowTo":74}}
| Population m | 2.66 |
| Adult % | 77.00 |
| Migrants % |
63.00 Register/Log In |
| Stock Immigrants ('000) |
2,097.50 Upgrade to Bronze |
| Emigration Rate % |
16.60 Upgrade to Bronze |
| Internal Migrants ('000) | |
| Internal Migration Rate % | |
| Intl Movement Rate % |
54.50 Upgrade to Bronze |
| Urban % | 98.00 |
| Female % | 30.00 |
| Literate % | 94.46 |
| Annual Growth % |
| Mobile Penetration % | 154.13 |
| Banked % | 24.00 |
| Access to FS % | 0.00 |
| Internet % | 34.00 |
| Branches per 100k adults | 15.16 |
| ATMs per 100k adults | 50.05 |
| POS per 100k adults | 903.98 |
| Prepaid % | 76.00 |
| Prepaid SIM Registration | |
| MobileUnbanked (m) | 2.02 |
| Monthly ARPU |
61.23 Upgrade to Bronze |
| Cards 2010 ('000) | |
| Propensity % |
| Overall | |
| Population | |
| On Remittance Sent | |
| On Remittance Received | |
| Mobile Unbanked | |
| Migrant % | |
| MP % | |
| Banked % | |
| Development |
| Can Provide Payments? | |
| Can Market under Brand? | |
| Can issue E-Money? | |
| Can Open Customer Account? | |
| Can Own Customer? | |
| Can do Cash In/Cash Out? | |
| Can offer Domestic Money Transfer? | |
| Can offer International Money Transfer? |
| Importance for Digital Money | |
| Digital Money Adoption |
Medium Term Upgrade to Bronze |
| Registered Wallet Users | |
| Top Wallets |
None; Zain, STC group interested but initial stage Upgrade to Bronze |
| Informal Market | |
| Cost To Remit | |
| Key Players |