Insurance and financial services as a percentage of service exports from the balance of payment rose 46.2% to 22.6% in Kuwait in 2021, according to the National Central Bank / OECD.
Historically, insurance and financial services as a percentage of service exports from the balance of payment in Kuwait reached an all time high of 31.7% in 2018 and an all time low of 1.17% in 2006.
Kuwait has been ranked 10th within the group of 134 countries we follow in terms of insurance and financial services as a percentage of service exports from the balance of payment, 32 places above the position seen 10 years ago.
| Insurance and Financial Services (As % of Service Exports, BoP) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Bahrain | % | ... | ... | ... | 52.9% | 45.3% | 46.9% | 44.8% | ... | ... | ... | |||||||||||
| Iran | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Iraq | % | ... | ... | ... | ... | 1.16% | 0.833% | 0.782% | 0.716% | 0.886% | ||||||||||||
| Jordan | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1.82% | 1.61% | 0.938% | 1.98% | 1.21% | |||
| Kuwait | % | 9.75% | 10.0% | 15.1% | 31.7% | 15.0% | ||||||||||||||||
| Pakistan | % | 2.75% | 3.47% | 3.16% | 3.14% | 3.48% | ||||||||||||||||
| Qatar | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 3.69% | 3.42% | 2.34% | 3.89% | 4.84% | ||||||
| Saudi Arabia | % | ... | ... | ... | ... | ... | ... | ... | 3.85% | 4.61% | 4.03% | 1.81% | 2.81% | |||||||||
| Syria | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||||||||
| Turkmenistan | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| United Arab Emirates | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Yemen | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
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