Foreign Trade In Services (As % of GDP) in Kuwait

Foreign trade in services as a share of GDP reached 27.9 % in 2017 in Kuwait, according to the National Statistical Office. This is 3.03 % less than in the previous year.

Historically, foreign trade in services as a share of GDP in Kuwait reached an all time high of 55.2 % in 1991 and an all time low of 10.6 % in 1975. When compared to Kuwait's main peers, foreign trade in services as a share of GDP in Bahrain amounted to 54.1 %, 11.6 % in Iraq and 14.1 % in Saudi Arabia in 2017.

Kuwait has been ranked 40th within the group of 156 countries we follow in terms of foreign trade in services as a share of GDP, 14 places above the position seen 10 years ago.

Trade in services is the sum of service exports and imports divided by the value of GDP, all in current US dollars.

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