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

Insurance and financial services (% of service imports, BoP) in North America was 20.00 as of 2020. Its highest value over the past 50 years was 20.00 in 2020, while its lowest value was 1.02 in 1974.

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
1970 1.37
1971 1.61
1972 1.52
1973 1.26
1974 1.02
1975 1.53
1976 2.13
1977 2.28
1978 2.52
1979 2.43
1980 2.10
1981 3.45
1982 3.56
1983 3.70
1984 3.48
1985 4.37
1986 5.55
1987 6.26
1988 4.79
1989 3.57
1990 4.14
1991 4.80
1992 4.80
1993 5.10
1994 5.51
1995 5.73
1996 5.96
1997 6.12
1998 6.76
1999 10.59
2000 11.78
2001 13.75
2002 14.87
2003 15.06
2004 15.22
2005 14.92
2006 17.36
2007 18.98
2008 18.78
2009 19.72
2010 18.84
2011 17.44
2012 16.65
2013 15.90
2014 15.89
2015 15.52
2016 15.77
2017 15.49
2018 14.09
2019 14.73
2020 20.00

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments