Panama - Insurance and financial services

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

Insurance and financial services (% of service imports, BoP) in Panama was 22.51 as of 2020. Its highest value over the past 43 years was 22.51 in 2020, while its lowest value was 5.42 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
1977 5.71
1978 7.58
1979 7.02
1980 10.19
1981 9.12
1982 7.70
1983 9.65
1984 9.15
1985 12.67
1986 10.37
1987 12.66
1988 9.64
1989 8.65
1990 9.86
1991 7.89
1992 5.42
1993 9.12
1994 7.21
1995 8.49
1996 8.23
1997 12.19
1998 17.27
1999 11.90
2000 7.34
2001 10.25
2002 21.04
2003 18.46
2004 15.51
2005 14.89
2006 13.87
2007 15.56
2008 16.89
2009 14.41
2010 19.02
2011 18.92
2012 17.81
2013 16.76
2014 13.39
2015 16.61
2016 16.16
2017 15.90
2018 14.44
2019 11.46
2020 22.51

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

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments