Libya - Insurance and financial services

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

Insurance and financial services (% of service imports, BoP) in Libya was 19.64 as of 2019. Its highest value over the past 42 years was 37.63 in 2015, while its lowest value was 0.48 in 2001.

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
1977 4.21
1978 4.43
1979 4.91
1980 5.00
1981 5.87
1982 5.38
1983 4.30
1984 4.26
1985 3.65
1986 5.18
1987 4.13
1988 1.97
1989 2.16
1990 2.73
2000 0.56
2001 0.48
2002 1.55
2003 4.32
2004 6.11
2005 7.66
2006 7.72
2007 7.24
2008 5.57
2009 11.72
2010 10.62
2011 5.67
2012 17.99
2013 19.39
2014 33.60
2015 37.63
2016 25.25
2017 19.45
2018 22.86
2019 19.64

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

Insurance and financial services (% of service exports, BoP) in Libya was 41.51 as of 2019. Its highest value over the past 42 years was 89.65 in 2015, while its lowest value was 0.00 in 1977.

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
1977 0.00
1978 0.00
1979 0.00
1980 0.00
1981 0.00
1982 0.00
1983 0.00
1984 0.00
1985 0.00
1986 0.00
1987 0.00
1988 0.00
1989 0.00
1990 0.00
2000 11.63
2001 17.93
2002 9.23
2003 12.44
2004 13.73
2005 8.05
2006 11.25
2007 0.00
2008 2.21
2009 16.36
2010 18.43
2011 0.00
2012 21.42
2013 19.96
2014 41.16
2015 89.65
2016 41.52
2017 41.50
2018 41.51
2019 41.51

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments