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

Insurance and financial services (% of service imports, BoP) in Libya was 19.64 as of 2019. Its highest value over the past 42 years was 37.63 in 2015, while its lowest value was 0.48 in 2001.

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
1977 4.21
1978 4.43
1979 4.91
1980 5.00
1981 5.87
1982 5.38
1983 4.30
1984 4.26
1985 3.65
1986 5.18
1987 4.13
1988 1.97
1989 2.16
1990 2.73
2000 0.56
2001 0.48
2002 1.55
2003 4.32
2004 6.11
2005 7.66
2006 7.72
2007 7.24
2008 5.57
2009 11.72
2010 10.62
2011 5.67
2012 17.99
2013 19.39
2014 33.60
2015 37.63
2016 25.25
2017 19.45
2018 22.86
2019 19.64

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