Kuwait - Transport services (% of service imports, BoP)

Transport services (% of service imports, BoP) in Kuwait was 17.27 as of 2020. Its highest value over the past 45 years was 55.83 in 1977, while its lowest value was 12.23 in 2018.

Definition: Transport covers all transport services (sea, air, land, internal waterway, pipeline, space and electricity transmission) performed by residents of one economy for those of another and involving the carriage of passengers, the movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Also included are postal and courier services. Excluded are freight insurance (included in insurance services); goods procured in ports by nonresident carriers (included in goods); maintenance and repairs on transport equipment (included in maintenance and repair services n.i.e.); and repairs of railway facilities, harbors, and airfield facilities (included in construction).

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1975 52.27
1976 53.33
1977 55.83
1978 43.92
1979 40.73
1980 38.84
1981 38.40
1982 38.71
1983 36.11
1984 32.00
1985 29.70
1986 28.25
1987 25.97
1988 28.30
1989 28.51
1990 26.63
1991 18.87
1992 29.94
1993 31.90
1994 31.36
1995 28.14
1996 32.11
1997 30.66
1998 29.36
1999 28.98
2000 31.22
2001 29.40
2002 29.93
2003 30.62
2004 29.43
2005 30.36
2006 27.80
2007 26.65
2008 35.25
2009 32.99
2010 25.47
2011 32.02
2012 30.52
2013 24.64
2014 23.33
2015 21.64
2016 19.53
2017 19.25
2018 12.23
2019 13.54
2020 17.27

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments