Middle income - Insurance and financial services

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

Insurance and financial services (% of service imports, BoP) in Middle income was 6.98 as of 2020. Its highest value over the past 38 years was 7.78 in 2010, while its lowest value was 4.84 in 1992.

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
1982 5.33
1983 5.65
1984 5.77
1985 5.39
1986 5.68
1987 5.98
1988 5.57
1989 5.25
1990 5.07
1991 5.05
1992 4.84
1993 5.33
1994 5.43
1995 6.67
1996 5.36
1997 6.41
1998 5.42
1999 5.63
2000 6.49
2001 6.87
2002 6.79
2003 6.91
2004 6.96
2005 6.73
2006 7.09
2007 7.12
2008 7.14
2009 7.40
2010 7.78
2011 7.68
2012 7.29
2013 7.30
2014 6.59
2015 5.44
2016 5.70
2017 5.51
2018 5.18
2019 5.22
2020 6.98

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

Insurance and financial services (% of service exports, BoP) in Middle income was 4.13 as of 2020. Its highest value over the past 38 years was 4.19 in 1985, while its lowest value was 1.53 in 1997.

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
1982 4.05
1983 3.61
1984 3.50
1985 4.19
1986 3.56
1987 3.34
1988 3.51
1989 3.01
1990 2.58
1991 2.60
1992 2.56
1993 2.58
1994 2.98
1995 3.33
1996 1.94
1997 1.53
1998 2.12
1999 2.14
2000 2.40
2001 2.19
2002 1.87
2003 2.29
2004 2.05
2005 2.57
2006 2.60
2007 3.01
2008 3.03
2009 3.00
2010 3.47
2011 3.69
2012 3.60
2013 3.82
2014 3.78
2015 3.80
2016 3.62
2017 3.55
2018 3.39
2019 3.18
2020 4.13

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments