The Kuwaiti economy with a population of 3.566 Million (Est 2010) ranks 56th in the world with a GDP PPP of 137 billion and GDP PPP per capita of 37,849 vs 45,934 (United States) according to the IMF in 2009. Its currency is the Kuwaiti dinar (KWD). Bank deposits held for a fixed term in Kuwait are called term deposits. According to CIA.gov its inflation was 10.6% in 2008 and 4% in 2009.