Canada - Insurance and financial services

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

Insurance and financial services (% of service imports, BoP) in Canada was 13.99 as of 2021. Its highest value over the past 40 years was 14.08 in 2020, while its lowest value was 5.97 in 1990.

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
1981 7.84
1982 8.78
1983 8.69
1984 8.47
1985 9.32
1986 8.61
1987 8.35
1988 6.93
1989 6.90
1990 5.97
1991 6.65
1992 6.59
1993 6.86
1994 7.59
1995 7.30
1996 8.26
1997 8.66
1998 8.61
1999 7.93
2000 7.81
2001 8.62
2002 9.32
2003 9.13
2004 8.49
2005 8.62
2006 9.56
2007 9.61
2008 8.88
2009 9.56
2010 10.32
2011 9.33
2012 8.49
2013 8.85
2014 9.17
2015 10.25
2016 11.37
2017 10.92
2018 11.00
2019 10.18
2020 14.08
2021 13.99

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

Insurance and financial services (% of service exports, BoP) in Canada was 12.67 as of 2021. Its highest value over the past 40 years was 12.67 in 2021, while its lowest value was 5.88 in 2004.

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
1981 10.19
1982 12.42
1983 12.24
1984 11.87
1985 12.63
1986 9.52
1987 9.22
1988 8.03
1989 8.57
1990 8.75
1991 9.06
1992 9.56
1993 9.86
1994 9.56
1995 8.37
1996 7.51
1997 7.42
1998 7.37
1999 6.34
2000 6.00
2001 6.06
2002 6.40
2003 6.51
2004 5.88
2005 6.81
2006 7.83
2007 8.60
2008 8.10
2009 8.38
2010 9.56
2011 10.91
2012 10.16
2013 10.25
2014 10.48
2015 11.19
2016 10.68
2017 10.21
2018 9.80
2019 9.33
2020 12.09
2021 12.67

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments