Iraq - Insurance and financial services

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

Insurance and financial services (% of service imports, BoP) in Iraq was 23.16 as of 2020. Its highest value over the past 15 years was 29.16 in 2009, while its lowest value was 15.35 in 2016.

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
2005 16.09
2006 17.80
2007 23.85
2008 26.77
2009 29.16
2010 28.07
2011 27.26
2012 26.74
2013 22.04
2014 18.89
2015 17.34
2016 15.35
2017 15.54
2018 17.05
2019 16.51
2020 23.16

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

Insurance and financial services (% of service exports, BoP) in Iraq was 0.67 as of 2020. Its highest value over the past 15 years was 2.21 in 2007, while its lowest value was 0.17 in 2009.

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
2005 0.79
2006 0.39
2007 2.21
2008 0.27
2009 0.17
2010 0.68
2011 1.59
2012 1.06
2013 0.90
2014 0.93
2015 1.16
2016 0.83
2017 0.78
2018 0.72
2019 0.89
2020 0.67

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments