Albania - Insurance and financial services

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

Insurance and financial services (% of service imports, BoP) in Albania was 3.12 as of 2020. Its highest value over the past 40 years was 20.26 in 1998, while its lowest value was 1.52 in 2014.

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
1980 4.86
1981 4.54
1982 4.89
1983 4.84
1984 3.98
1985 3.07
1986 3.71
1987 2.95
1988 3.85
1989 3.66
1990 2.92
1991 1.68
1992 4.24
1993 2.72
1994 3.26
1995 13.87
1996 15.95
1997 18.49
1998 20.26
1999 18.64
2000 7.94
2001 9.73
2002 8.54
2003 3.29
2004 2.98
2005 3.47
2006 3.57
2007 4.71
2008 6.33
2009 4.84
2010 4.59
2011 4.73
2012 5.37
2013 1.54
2014 1.52
2015 3.16
2016 2.14
2017 2.37
2018 2.62
2019 2.28
2020 3.12

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

Insurance and financial services (% of service exports, BoP) in Albania was 0.76 as of 2020. Its highest value over the past 40 years was 15.33 in 1997, while its lowest value was 0.18 in 2010.

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
1980 4.68
1981 4.75
1982 4.70
1983 4.54
1984 4.68
1985 5.47
1986 4.25
1987 3.41
1988 2.47
1989 2.19
1990 2.22
1991 1.96
1992 0.99
1993 0.81
1994 0.91
1995 1.32
1996 3.64
1997 15.33
1998 2.00
1999 0.30
2000 0.20
2001 0.31
2002 1.87
2003 3.18
2004 1.58
2005 1.71
2006 1.79
2007 2.35
2008 2.73
2009 0.91
2010 0.18
2011 0.65
2012 0.62
2013 0.55
2014 0.63
2015 0.25
2016 0.36
2017 0.27
2018 0.44
2019 0.50
2020 0.76

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments