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

Travel services (% of service exports, BoP) in Kuwait was 5.54 as of 2020. Its highest value over the past 45 years was 32.47 in 1981, while its lowest value was 2.15 in 2008.

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 15.89
1976 16.76
1977 22.91
1978 22.80
1979 29.66
1980 30.82
1981 32.47
1982 10.70
1983 9.09
1984 6.08
1985 9.06
1986 8.17
1987 7.32
1988 9.29
1989 10.63
1990 10.30
1991 25.53
1992 18.26
1993 6.67
1994 7.14
1995 8.73
1996 12.31
1997 10.67
1998 11.71
1999 5.89
2000 5.38
2001 6.35
2002 7.13
2003 3.77
2004 4.73
2005 3.46
2006 2.42
2007 2.19
2008 2.15
2009 3.10
2010 3.20
2011 3.17
2012 4.82
2013 4.81
2014 5.89
2015 8.26
2016 10.86
2017 5.93
2018 5.64
2019 8.70
2020 5.54

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