Sri Lanka - Insurance and financial services

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

Insurance and financial services (% of service imports, BoP) in Sri Lanka was 13.63 as of 2020. Its highest value over the past 45 years was 21.54 in 2001, while its lowest value was 5.29 in 1995.

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 8.09
1976 8.11
1977 8.40
1978 6.84
1979 6.99
1980 6.49
1981 5.94
1982 6.10
1983 6.65
1984 7.68
1985 6.79
1986 9.41
1987 7.36
1988 7.30
1989 6.67
1990 6.59
1991 5.37
1992 5.35
1993 5.53
1994 5.71
1995 5.29
1996 6.01
1997 6.03
1998 5.67
1999 5.62
2000 5.79
2001 21.54
2002 5.58
2003 5.70
2004 5.79
2005 5.89
2006 5.84
2007 5.88
2008 6.24
2009 5.89
2010 5.92
2011 6.43
2012 13.49
2013 11.79
2014 11.79
2015 11.58
2016 11.55
2017 11.53
2018 11.82
2019 12.37
2020 13.63

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

Insurance and financial services (% of service exports, BoP) in Sri Lanka was 4.45 as of 2020. Its highest value over the past 45 years was 31.18 in 2001, while its lowest value was 0.87 in 1978.

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 1.48
1976 1.43
1977 1.19
1978 0.87
1979 1.59
1980 0.95
1981 0.96
1982 0.91
1983 2.65
1984 3.44
1985 2.66
1986 11.25
1987 3.05
1988 3.48
1989 3.36
1990 4.07
1991 5.38
1992 4.69
1993 2.74
1994 2.71
1995 3.29
1996 3.60
1997 3.40
1998 3.70
1999 3.83
2000 4.32
2001 31.18
2002 3.57
2003 3.40
2004 3.30
2005 4.74
2006 3.52
2007 3.11
2008 3.42
2009 3.94
2010 3.25
2011 2.94
2012 8.93
2013 7.35
2014 6.62
2015 5.83
2016 5.22
2017 5.00
2018 4.44
2019 4.68
2020 4.45

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments