Switzerland - Insurance and financial services

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

Insurance and financial services (% of service imports, BoP) in Switzerland was 7.46 as of 2010. Its highest value over the past 33 years was 8.89 in 2008, while its lowest value was 1.10 in 1995.

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
1977 1.64
1978 1.52
1979 1.56
1980 1.61
1981 1.51
1982 1.39
1983 1.42
1984 1.38
1985 1.32
1986 1.35
1987 1.23
1988 1.27
1989 1.35
1990 1.34
1991 1.24
1992 1.17
1993 1.13
1994 1.10
1995 1.10
1996 1.17
1997 1.24
1998 4.75
1999 5.27
2000 6.82
2001 6.14
2002 5.58
2003 5.55
2004 5.28
2005 6.18
2006 7.33
2007 8.34
2008 8.89
2009 8.02
2010 7.46

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

Insurance and financial services (% of service exports, BoP) in Switzerland was 24.76 as of 2010. Its highest value over the past 33 years was 39.56 in 2000, while its lowest value was 4.42 in 1981.

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
1977 5.01
1978 4.89
1979 5.43
1980 4.74
1981 4.42
1982 4.84
1983 18.96
1984 19.14
1985 20.82
1986 24.48
1987 25.09
1988 23.97
1989 23.92
1990 22.82
1991 23.93
1992 24.97
1993 28.55
1994 26.72
1995 26.70
1996 29.83
1997 29.93
1998 31.85
1999 38.48
2000 39.56
2001 35.96
2002 36.79
2003 37.30
2004 35.02
2005 34.92
2006 35.29
2007 36.74
2008 32.46
2009 28.50
2010 24.76

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments