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Insurance and Financial Services (As % of Service Exports, BoP) in Kuwait

Source: World Bank
Last Updated: July 1, 2023

Insurance and financial services as a percentage of service exports from the balance of payment reached 22.6% in 2021 in Kuwait, according to the National Central Bank / OECD. This is 46.2% more than in the previous year.

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.

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