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

Insurance and financial services (% of service imports, BoP) in Colombia was 19.40 as of 2021. Its highest value over the past 53 years was 25.57 in 2020, while its lowest value was 6.98 in 1976.

Definition: Insurance and financial services 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.

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

See also:

Year Value
1968 9.18
1969 8.94
1970 8.02
1971 9.06
1972 8.16
1973 7.92
1974 7.14
1975 7.14
1976 6.98
1977 8.21
1978 9.01
1979 9.52
1980 10.20
1981 11.27
1982 12.13
1983 12.07
1984 14.03
1985 12.82
1986 11.80
1987 12.01
1988 13.60
1989 13.99
1990 13.16
1991 12.79
1992 12.36
1993 12.32
1994 11.38
1995 11.72
1996 12.43
1997 14.27
1998 11.10
1999 10.02
2000 13.13
2001 14.95
2002 17.92
2003 14.94
2004 13.54
2005 11.60
2006 11.02
2007 9.51
2008 9.58
2009 11.58
2010 13.59
2011 13.97
2012 13.44
2013 13.09
2014 12.70
2015 11.79
2016 11.38
2017 14.68
2018 14.40
2019 15.87
2020 25.57
2021 19.40

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments