Is Kuwait a rich country?

Is Kuwait truly a wealthy nation, or does its prosperity merely stem from its vast oil reserves? Does the country possess a diverse and sustainable economy, or does it rely heavily on a single commodity for its financial stability? And how does Kuwait's wealth compare to other nations in the region and globally? As we delve into the intricacies of Kuwait's economy, it's crucial to consider not just the present state of affairs, but also the potential for future growth and development.