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

Transport services (% of service exports, BoP) in Kuwait was 10.98 as of 2020. Its highest value over the past 45 years was 76.82 in 1975, while its lowest value was 10.98 in 2020.

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 76.82
1976 75.42
1977 69.27
1978 67.36
1979 64.53
1980 57.70
1981 57.47
1982 72.32
1983 69.17
1984 73.38
1985 73.98
1986 72.22
1987 71.43
1988 72.14
1989 72.91
1990 72.09
1991 50.71
1992 66.67
1993 71.20
1994 72.86
1995 68.00
1996 65.75
1997 69.29
1998 68.04
1999 71.81
2000 75.86
2001 72.42
2002 68.50
2003 48.22
2004 45.42
2005 47.33
2006 37.65
2007 34.01
2008 38.33
2009 28.49
2010 46.90
2011 50.33
2012 46.18
2013 20.74
2014 26.58
2015 27.23
2016 22.19
2017 24.81
2018 15.32
2019 14.63
2020 10.98

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