Jamaica - Insurance and financial services

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

Insurance and financial services (% of service imports, BoP) in Jamaica was 9.45 as of 2020. Its highest value over the past 44 years was 15.95 in 1977, while its lowest value was 4.51 in 1999.

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 13.22
1977 15.95
1978 14.25
1979 12.40
1980 11.81
1981 11.47
1982 10.98
1983 10.46
1984 8.16
1985 8.10
1986 9.53
1987 8.53
1988 6.92
1989 5.98
1990 6.38
1991 6.61
1992 6.13
1993 7.12
1994 8.50
1995 8.91
1996 7.57
1997 6.45
1998 5.79
1999 4.51
2000 7.42
2001 8.18
2002 8.52
2003 7.16
2004 9.09
2005 9.76
2006 10.44
2007 10.30
2008 10.00
2009 10.66
2010 10.94
2011 9.45
2012 9.49
2013 8.42
2014 9.58
2015 8.87
2016 8.91
2017 7.41
2018 7.31
2019 6.78
2020 9.45

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

Insurance and financial services (% of service exports, BoP) in Jamaica was 0.80 as of 2020. Its highest value over the past 44 years was 7.18 in 1977, while its lowest value was 0.27 in 2019.

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 6.76
1977 7.18
1978 6.30
1979 4.82
1980 4.16
1981 4.22
1982 3.05
1983 2.24
1984 2.13
1985 1.89
1986 1.50
1987 1.31
1988 1.39
1989 1.15
1990 1.32
1991 1.11
1992 0.82
1993 0.78
1994 1.75
1995 1.06
1996 0.81
1997 0.86
1998 0.85
1999 0.89
2000 1.22
2001 1.46
2002 1.97
2003 1.60
2004 1.60
2005 2.77
2006 2.05
2007 2.93
2008 1.90
2009 2.30
2010 1.51
2011 1.73
2012 1.14
2013 1.00
2014 0.50
2015 0.36
2016 0.36
2017 0.35
2018 0.31
2019 0.27
2020 0.80

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments