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

Insurance and financial services (% of service exports, BoP) in Panama was 14.67 as of 2020. Its highest value over the past 43 years was 14.67 in 2020, while its lowest value was 0.05 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 0.05
1978 0.23
1979 0.11
1980 8.21
1981 7.67
1982 6.08
1983 7.42
1984 4.88
1985 6.78
1986 9.39
1987 8.13
1988 4.05
1989 4.29
1990 3.13
1991 4.60
1992 4.74
1993 4.38
1994 4.29
1995 5.24
1996 5.60
1997 5.52
1998 8.67
1999 9.58
2000 9.15
2001 8.08
2002 13.35
2003 12.84
2004 9.97
2005 7.22
2006 7.97
2007 9.95
2008 10.38
2009 7.41
2010 9.14
2011 9.70
2012 12.44
2013 11.22
2014 9.70
2015 12.39
2016 12.19
2017 11.12
2018 9.85
2019 9.64
2020 14.67

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