Latvia - 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 Latvia was 3.36 as of 2020. As the graph below shows, over the past 28 years this indicator reached a maximum value of 17.10 in 2008 and a minimum value of 0.00 in 1992.

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
1992 0.00
1993 0.04
1994 0.89
1995 2.40
1996 3.05
1997 3.50
1998 3.26
1999 3.49
2008 17.10
2009 14.94
2010 11.65
2011 11.61
2012 10.06
2013 10.08
2014 10.19
2015 10.72
2016 9.76
2017 7.55
2018 6.00
2019 3.72
2020 3.36

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports