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

Insurance and financial services (% of service imports, BoP) in Cyprus was 36.36 as of 2020. Its highest value over the past 44 years was 36.36 in 2020, while its lowest value was 0.28 in 1984.

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
1976 6.11
1977 6.31
1978 6.48
1979 6.34
1980 2.01
1981 1.56
1982 1.07
1983 0.73
1984 0.28
1985 1.24
1986 6.04
1987 5.70
1988 5.51
1989 6.15
1990 5.77
1991 5.32
1992 5.74
1993 5.68
1994 5.61
1995 6.52
1996 6.74
1997 7.00
1998 7.62
1999 8.16
2000 7.21
2001 6.87
2002 5.15
2003 4.03
2004 6.47
2005 5.82
2006 6.97
2007 6.53
2008 17.95
2009 18.89
2010 22.43
2011 20.05
2012 17.10
2013 20.42
2014 28.41
2015 25.45
2016 28.48
2017 26.35
2018 26.72
2019 26.36
2020 36.36

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments