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

Insurance and financial services (% of service imports, BoP) in Ecuador was 18.39 as of 2020. Its highest value over the past 44 years was 18.39 in 2020, while its lowest value was 0.95 in 1998.

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 14.90
1977 14.04
1978 14.82
1979 14.20
1980 12.45
1981 11.27
1982 8.63
1983 9.82
1984 7.48
1985 6.60
1986 7.55
1987 6.94
1988 7.76
1989 9.90
1990 7.59
1991 6.89
1992 6.75
1993 5.05
1994 5.66
1995 5.67
1996 4.34
1997 2.89
1998 0.95
1999 3.54
2000 3.26
2001 5.40
2002 6.63
2003 7.54
2004 7.13
2005 6.76
2006 6.11
2007 5.62
2008 6.06
2009 6.13
2010 7.76
2011 9.88
2012 11.58
2013 15.66
2014 14.94
2015 13.98
2016 13.74
2017 10.47
2018 10.68
2019 12.12
2020 18.39

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