Benin - Insurance and financial services

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

Insurance and financial services (% of service imports, BoP) in Benin was 1.50 as of 2020. Its highest value over the past 46 years was 13.58 in 1982, while its lowest value was 1.50 in 2020.

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
1974 10.42
1975 10.15
1976 12.07
1977 12.66
1978 11.76
1979 10.74
1980 10.15
1981 13.03
1982 13.58
1983 10.93
1984 10.92
1985 5.18
1986 5.96
1987 5.87
1988 6.00
1989 6.00
1990 4.92
1991 3.00
1992 4.56
1993 5.95
1994 6.42
1995 8.98
1996 9.76
1997 12.03
1998 9.73
1999 9.19
2000 8.93
2001 9.87
2002 10.87
2003 12.89
2004 10.66
2005 10.68
2006 9.51
2007 9.63
2008 4.75
2009 4.76
2010 4.73
2011 4.74
2012 7.38
2013 2.98
2014 2.40
2015 2.54
2016 1.91
2017 1.81
2018 1.86
2019 1.78
2020 1.50

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

Insurance and financial services (% of service exports, BoP) in Benin was 9.96 as of 2020. Its highest value over the past 46 years was 24.80 in 2018, while its lowest value was 0.00 in 1985.

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
1974 3.38
1975 3.79
1976 1.86
1977 2.53
1978 1.87
1979 2.61
1980 2.28
1981 2.22
1982 2.24
1983 2.33
1984 1.91
1985 0.00
1986 0.00
1987 0.00
1988 4.95
1989 4.37
1990 5.95
1991 4.94
1992 7.07
1993 6.19
1994 5.04
1995 5.70
1996 2.61
1997 3.25
1998 4.68
1999 3.57
2000 2.18
2001 2.11
2002 2.54
2003 0.48
2004 1.41
2005 2.11
2006 2.24
2007 2.05
2008 2.12
2009 2.30
2010 2.07
2011 0.82
2012 10.72
2013 1.98
2014 3.74
2015 4.80
2016 3.74
2017 3.91
2018 24.80
2019 11.38
2020 9.96

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments