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

Insurance and financial services (% of service exports, BoP) in Small states was 16.20 as of 2020. Its highest value over the past 9 years was 17.46 in 2012, while its lowest value was 10.92 in 2019.

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
2011 15.55
2012 17.46
2013 16.59
2014 16.28
2015 14.93
2016 14.74
2017 14.65
2018 14.43
2019 10.92
2020 16.20

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