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

Travel services (% of service imports, BoP) in Kuwait was 35.62 as of 2020. Its highest value over the past 45 years was 56.10 in 1988, while its lowest value was 20.78 in 1978.

Definition: Travel covers goods and services acquired from an economy by travelers for their own use during visits of less than one year in that economy for either business or personal purposes. Travel includes local transport (i.e., transport within the economy being visited and provided by a resident of that economy), but excludes international transport (which is included in passenger transport. Travel also excludes goods for resale, which are included in general merchandise.

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

See also:

Year Value
1975 26.82
1976 25.61
1977 21.84
1978 20.78
1979 36.42
1980 43.67
1981 37.78
1982 37.31
1983 37.63
1984 41.57
1985 48.66
1986 50.27
1987 55.37
1988 56.10
1989 54.63
1990 54.70
1991 39.53
1992 39.15
1993 40.07
1994 47.68
1995 41.94
1996 49.12
1997 46.34
1998 45.38
1999 43.89
2000 50.70
2001 53.08
2002 51.74
2003 50.61
2004 49.38
2005 52.00
2006 52.38
2007 49.73
2008 47.98
2009 45.03
2010 40.76
2011 42.42
2012 43.84
2013 45.96
2014 47.37
2015 52.03
2016 46.82
2017 44.50
2018 38.87
2019 52.42
2020 35.62

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