High income - Insurance and financial services exports

Insurance and financial services (% of commercial service exports)

The value for Insurance and financial services (% of commercial service exports) in High income was 14.09 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 14.09 in 2020 and a minimum value of 2.18 in 1977.

Definition: Insurance and financial services cover freight insurance on goods exported and other direct insurance such as life insurance; financial intermediation services such as commissions, foreign exchange transactions, and brokerage services; and auxiliary services such as financial market operational and regulatory services.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1977 2.18
1978 2.19
1981 3.06
1982 3.19
1983 3.68
1984 3.85
1985 4.03
1986 5.76
1987 5.70
1988 5.43
1989 5.35
1990 5.08
1991 6.43
1992 7.25
1993 7.35
1994 6.16
1995 7.07
1996 7.34
1997 7.75
1998 7.77
1999 9.27
2000 9.10
2001 8.74
2002 9.56
2003 9.53
2004 10.35
2005 10.53
2006 11.61
2007 12.30
2008 11.83
2009 12.24
2010 11.78
2011 11.65
2012 11.50
2013 11.30
2014 11.13
2015 11.07
2016 11.12
2017 11.08
2018 11.00
2019 10.94
2020 14.09

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports