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

Insurance and financial services (% of service exports, BoP) in Ecuador was 4.16 as of 2020. Its highest value over the past 44 years was 26.95 in 1978, while its lowest value was 0.00 in 2007.

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 26.48
1977 18.09
1978 26.95
1979 19.42
1980 15.97
1981 17.84
1982 13.44
1983 10.83
1984 9.97
1985 7.81
1986 7.26
1987 7.13
1988 7.05
1989 7.95
1990 8.74
1991 8.99
1992 8.43
1993 0.04
1994 0.05
1995 0.02
1996 0.15
1997 0.01
1998 1.55
1999 0.04
2000 0.15
2001 0.09
2002 0.05
2003 0.09
2004 0.01
2005 0.07
2006 0.00
2007 0.00
2008 0.00
2009 0.00
2010 0.00
2011 0.00
2012 0.00
2013 0.00
2014 4.07
2015 4.08
2016 1.85
2017 1.43
2018 2.21
2019 2.42
2020 4.16

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