Low income - Insurance and financial services imports
Insurance and financial services (% of commercial service imports)
The value for Insurance and financial services (% of commercial service imports) in Low income was 7.97 as of 2020. As the graph below shows, over the past 15 years this indicator reached a maximum value of 8.96 in 2017 and a minimum value of 5.86 in 2011.
Definition: Insurance and financial services cover freight insurance on goods imported 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 |
|---|---|
| 2005 | 7.24 |
| 2006 | 7.63 |
| 2007 | 7.01 |
| 2008 | 6.30 |
| 2009 | 6.33 |
| 2010 | 5.95 |
| 2011 | 5.86 |
| 2012 | 7.27 |
| 2013 | 7.17 |
| 2014 | 8.06 |
| 2015 | 6.95 |
| 2016 | 6.71 |
| 2017 | 8.96 |
| 2018 | 6.97 |
| 2019 | 7.97 |
| 2020 | 7.97 |
Classification
Topic: Private Sector & Trade Indicators
Sub-Topic: Imports