Singapore - Insurance and financial services exports

Insurance and financial services (% of commercial service exports)

The value for Insurance and financial services (% of commercial service exports) in Singapore was 21.53 as of 2020. As the graph below shows, over the past 48 years this indicator reached a maximum value of 21.53 in 2020 and a minimum value of 0.43 in 1975.

Definition: Insurance and financial services cover freight insurance on goods exported 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
1972 0.44
1973 0.53
1974 0.56
1975 0.43
1976 0.61
1977 0.77
1978 0.94
1979 1.15
1980 1.12
1981 0.91
1982 0.84
1983 0.88
1984 1.14
1985 1.04
1986 1.71
1987 1.76
1988 1.32
1989 1.00
1990 0.70
1991 0.83
1992 1.04
1993 1.42
1994 1.44
1995 15.58
1996 15.65
1997 18.11
1998 13.80
1999 12.15
2000 9.20
2001 10.07
2002 11.15
2003 12.41
2004 11.00
2005 11.64
2006 12.96
2007 15.75
2008 14.04
2009 15.17
2010 14.63
2011 14.81
2012 14.93
2013 15.36
2014 15.89
2015 16.26
2016 17.35
2017 17.68
2018 17.34
2019 17.15
2020 21.53

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports