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

Insurance and financial services (% of service exports, BoP) in Cyprus was 39.19 as of 2020. Its highest value over the past 44 years was 39.19 in 2020, while its lowest value was 0.00 in 1976.

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 0.00
1977 0.00
1978 0.00
1979 0.00
1980 0.00
1981 0.00
1982 0.00
1983 0.00
1984 0.00
1985 0.00
1995 2.29
1996 2.86
1997 3.26
1998 3.76
1999 5.23
2000 5.41
2001 4.24
2002 3.97
2003 3.55
2004 4.54
2005 5.35
2006 6.50
2007 10.27
2008 27.90
2009 27.81
2010 30.26
2011 29.84
2012 25.93
2013 25.21
2014 31.38
2015 30.73
2016 31.41
2017 29.16
2018 28.21
2019 27.66
2020 39.19

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