Kuwait - Insurance and financial services

Insurance and financial services (% of service imports, BoP)

Insurance and financial services (% of service imports, BoP) in Kuwait was 9.94 as of 2020. Its highest value over the past 45 years was 13.20 in 2018, while its lowest value was 0.60 in 1980.

Definition: Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents.

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

See also:

Year Value
1975 4.09
1976 3.16
1977 1.99
1978 2.16
1979 2.08
1980 0.60
1981 4.81
1982 4.68
1983 3.98
1984 3.65
1985 1.14
1986 1.16
1987 1.06
1988 1.19
1989 1.24
1990 1.03
1991 0.76
1992 1.26
1993 1.24
1994 1.20
1995 1.21
1996 1.32
1997 1.29
1998 1.24
1999 1.21
2000 1.17
2001 1.18
2002 1.23
2003 1.80
2004 1.73
2005 1.47
2006 1.32
2007 1.26
2008 2.36
2009 4.23
2010 7.79
2011 7.78
2012 7.77
2013 3.37
2014 2.81
2015 3.77
2016 4.26
2017 5.65
2018 13.20
2019 5.60
2020 9.94

Insurance and financial services (% of service exports, BoP)

Insurance and financial services (% of service exports, BoP) in Kuwait was 15.45 as of 2020. Its highest value over the past 45 years was 31.71 in 2018, while its lowest value was 0.00 in 1975.

Definition: Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents.

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

See also:

Year Value
1975 0.00
1976 0.00
1977 0.00
1978 0.00
1979 0.00
1980 0.00
1981 0.00
1982 0.00
1983 0.00
1984 0.00
1985 0.00
1986 0.00
1993 4.80
1994 4.05
1995 4.61
1996 4.70
1997 5.62
1998 5.20
1999 5.47
2000 4.94
2001 5.43
2002 7.67
2003 4.10
2004 3.20
2005 2.52
2006 1.17
2007 1.17
2008 3.75
2009 3.33
2010 3.96
2011 4.93
2012 3.37
2013 10.36
2014 8.89
2015 9.75
2016 10.03
2017 15.12
2018 31.71
2019 15.01
2020 15.45

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments