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Small states - Insurance and financial services

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

Insurance and financial services (% of service imports, BoP) in Small states was 14.55 as of 2020. Its highest value over the past 28 years was 16.37 in 2010, while its lowest value was 6.34 in 1993.

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.

Year	Value
1992	6.60
1993	6.34
1994	6.75
2008	15.04
2009	14.01
2010	16.37
2011	12.91
2012	13.98
2013	14.70
2014	15.31
2015	15.14
2016	15.50
2017	15.15
2018	15.51
2019	12.12
2020	14.55

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.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

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

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments