Ecuador - Insurance and financial services

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

Insurance and financial services (% of service imports, BoP) in Ecuador was 18.39 as of 2020. Its highest value over the past 44 years was 18.39 in 2020, while its lowest value was 0.95 in 1998.

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
1976 14.90
1977 14.04
1978 14.82
1979 14.20
1980 12.45
1981 11.27
1982 8.63
1983 9.82
1984 7.48
1985 6.60
1986 7.55
1987 6.94
1988 7.76
1989 9.90
1990 7.59
1991 6.89
1992 6.75
1993 5.05
1994 5.66
1995 5.67
1996 4.34
1997 2.89
1998 0.95
1999 3.54
2000 3.26
2001 5.40
2002 6.63
2003 7.54
2004 7.13
2005 6.76
2006 6.11
2007 5.62
2008 6.06
2009 6.13
2010 7.76
2011 9.88
2012 11.58
2013 15.66
2014 14.94
2015 13.98
2016 13.74
2017 10.47
2018 10.68
2019 12.12
2020 18.39

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

Insurance and financial services (% of service exports, BoP) in Ecuador was 4.16 as of 2020. Its highest value over the past 44 years was 26.95 in 1978, while its lowest value was 0.00 in 2007.

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
1976 26.48
1977 18.09
1978 26.95
1979 19.42
1980 15.97
1981 17.84
1982 13.44
1983 10.83
1984 9.97
1985 7.81
1986 7.26
1987 7.13
1988 7.05
1989 7.95
1990 8.74
1991 8.99
1992 8.43
1993 0.04
1994 0.05
1995 0.02
1996 0.15
1997 0.01
1998 1.55
1999 0.04
2000 0.15
2001 0.09
2002 0.05
2003 0.09
2004 0.01
2005 0.07
2006 0.00
2007 0.00
2008 0.00
2009 0.00
2010 0.00
2011 0.00
2012 0.00
2013 0.00
2014 4.07
2015 4.08
2016 1.85
2017 1.43
2018 2.21
2019 2.42
2020 4.16

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments