Paraguay - Insurance and financial services

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

Insurance and financial services (% of service imports, BoP) in Paraguay was 7.40 as of 2010. Its highest value over the past 35 years was 15.96 in 2005, while its lowest value was 4.23 in 1982.

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 7.44
1976 6.57
1977 7.63
1978 7.74
1979 6.16
1980 7.87
1981 6.38
1982 4.23
1983 4.38
1984 5.00
1985 8.60
1986 9.65
1987 11.43
1988 10.54
1989 9.95
1990 9.47
1991 9.15
1992 5.88
1993 7.14
1994 10.53
1995 11.83
1996 13.13
1997 12.33
1998 12.97
1999 13.59
2000 13.48
2001 14.47
2002 15.17
2003 13.72
2004 14.78
2005 15.96
2006 12.98
2007 11.40
2008 8.87
2009 10.34
2010 7.40

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

Insurance and financial services (% of service exports, BoP) in Paraguay was 1.87 as of 2010. Its highest value over the past 35 years was 8.07 in 1998, while its lowest value was 0.07 in 1988.

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
1975 1.76
1976 1.75
1977 0.32
1978 0.13
1979 0.23
1980 0.18
1983 0.07
1988 0.07
1989 0.08
1994 3.17
1995 4.88
1996 5.43
1997 6.96
1998 8.07
1999 4.21
2000 4.72
2001 4.84
2002 4.24
2003 3.54
2004 4.22
2005 4.06
2006 3.82
2007 3.49
2008 2.03
2009 1.90
2010 1.87

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments