European Union - Insurance and financial services

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

Insurance and financial services (% of service imports, BoP) in European Union was 10.06 as of 2020. Its highest value over the past 45 years was 10.18 in 1992, while its lowest value was 3.86 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
1975 4.39
1976 3.86
1977 3.98
1978 4.07
1979 4.11
1980 4.09
1981 4.08
1982 4.48
1983 4.41
1984 4.88
1985 5.21
1986 4.93
1987 4.94
1988 5.87
1989 6.33
1990 7.07
1991 7.63
1992 10.18
1993 8.57
1994 4.83
1995 4.95
1996 4.88
1997 5.12
1998 4.65
1999 6.32
2000 5.72
2001 5.79
2002 6.27
2003 6.10
2004 7.20
2005 7.71
2006 8.77
2007 8.83
2008 8.40
2009 8.51
2010 8.88
2011 8.79
2012 8.80
2013 9.16
2014 9.19
2015 9.29
2016 9.19
2017 8.96
2018 8.88
2019 8.41
2020 10.06

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

Insurance and financial services (% of service exports, BoP) in European Union was 11.56 as of 2020. Its highest value over the past 45 years was 11.62 in 2012, while its lowest value was 2.88 in 1980.

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
1975 2.94
1976 3.02
1977 2.95
1978 3.03
1979 2.96
1980 2.88
1981 2.98
1982 3.22
1983 3.13
1984 3.22
1985 3.46
1986 3.85
1987 3.89
1988 4.74
1989 5.40
1990 5.95
1991 7.27
1992 10.17
1993 8.55
1994 4.88
1995 5.06
1996 5.20
1997 5.53
1998 5.10
1999 7.76
2000 8.18
2001 7.41
2002 8.30
2003 7.78
2004 9.39
2005 9.82
2006 11.05
2007 11.34
2008 10.80
2009 11.36
2010 11.34
2011 11.30
2012 11.62
2013 11.21
2014 10.79
2015 10.67
2016 10.62
2017 10.19
2018 9.74
2019 9.67
2020 11.56

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments