Bahrain - Insurance and financial services

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

Insurance and financial services (% of service imports, BoP) in Bahrain was 22.66 as of 2010. Its highest value over the past 35 years was 23.98 in 2009, while its lowest value was 3.41 in 2000.

Definition: Insurance and financial services (% of service imports, BoP) 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. Services imports refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. International transactions in services are defined by the International Monetary Fund's (IMF) Balance of Payments Manual (1993), but definitions may nevertheless vary among reporting economies.

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

See also:

Year Value
1975 6.76
1976 6.90
1977 6.89
1978 6.07
1979 6.29
1980 7.00
1981 6.48
1982 4.82
1983 6.53
1984 6.27
1985 6.36
1986 7.35
1987 5.17
1988 4.90
1989 5.63
1990 3.98
1991 4.43
1992 4.49
1993 4.16
1994 4.02
1995 3.58
1996 3.87
1997 3.91
1998 4.10
1999 3.42
2000 3.41
2001 3.61
2002 3.53
2003 3.96
2004 14.21
2005 16.53
2006 19.04
2007 20.69
2008 21.13
2009 23.98
2010 22.66

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

Insurance and financial services (% of service exports, BoP) in Bahrain was 22.38 as of 2010. Its highest value over the past 33 years was 24.48 in 2008, while its lowest value was 0.09 in 1981.

Definition: Insurance and financial services (% of service exports, BoP) 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. Service exports refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. International transactions in services are defined by the IMF's Balance of Payments Manual (1993), but definitions may nevertheless vary among reporting economies.

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

See also:

Year Value
1977 0.23
1978 0.18
1979 0.15
1980 0.17
1981 0.09
2004 14.76
2005 21.49
2006 22.05
2007 23.24
2008 24.48
2009 23.31
2010 22.38

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments