Insurance and Financial Services (As % of Service Imports, BoP) rose 45.5% to 14.5% in Kuwait in 2021

Insurance and Financial Services (As % of Service Imports, BoP) (%), 2021
Insurance | Kuwait | April 1, 2023
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Excel Sheet

Insurance and financial services as a percentage of service imports from the balance of payment rose 45.5% to 14.5% in Kuwait in 2021, according to the National Central Bank / OECD.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in Kuwait reached an all time high of 14.5% in 2021 and an all time low of 0.603% in 1980.

Kuwait has been ranked 21st within the group of 139 countries we follow in terms of insurance and financial services as a percentage of service imports from the balance of payment, 41 places above the position seen 10 years ago.

Insurance and Financial Services (As % of Service Imports, BoP) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Bahrain % 55.8% 50.3% 51.7% 50.3% ... ... ...
Iran % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Iraq % ... ... ... ... 17.3% 15.4% 15.5% 17.1% 16.5%
Jordan % 11.9% 13.2% 11.6% 10.5% 10.5%
Kuwait % 3.77% 4.26% 5.65% 13.2% 5.60%
Pakistan % 5.40% 4.96% 4.59% 5.05% 6.58%
Qatar % ... ... ... ... ... ... ... ... ... ... 8.84% 9.71% 8.59% 9.73% 9.84%
Saudi Arabia % 3.34% 3.53% 3.86% 4.98% 4.64%
Syria % ... ... ... ... ... ... ... ... ... ... ... ... ...
Turkmenistan % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
United Arab Emirates % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Yemen % ... ... ... ... 13.5% 12.4% ... ... ... ... ...