Turkey - Insurance and financial services

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

Insurance and financial services (% of service imports, BoP) in Turkey was 14.16 as of 2021. Its highest value over the past 47 years was 16.46 in 2001, while its lowest value was 1.70 in 1983.

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
1974 3.09
1975 3.26
1976 2.98
1977 2.53
1978 4.45
1979 4.14
1980 4.17
1981 4.00
1982 2.12
1983 1.70
1992 8.72
1993 9.50
1994 8.51
1995 7.80
1996 8.00
1997 7.57
1998 9.02
1999 9.83
2000 12.42
2001 16.46
2002 16.16
2003 13.04
2004 11.75
2005 10.69
2006 13.54
2007 13.52
2008 13.37
2009 12.03
2010 10.08
2011 12.04
2012 11.96
2013 13.83
2014 14.87
2015 14.96
2016 11.59
2017 11.72
2018 9.32
2019 8.22
2020 10.97
2021 14.16

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

Insurance and financial services (% of service exports, BoP) in Turkey was 5.61 as of 2021. Its highest value over the past 47 years was 5.61 in 2021, while its lowest value was 0.36 in 1979.

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
1974 1.07
1975 1.20
1976 2.22
1977 1.69
1978 0.75
1979 0.36
1980 0.42
1981 2.24
1982 3.74
1983 2.91
1992 1.63
1993 1.63
1994 1.22
1995 1.51
1996 2.44
1997 1.84
1998 2.20
1999 2.13
2000 2.06
2001 2.35
2002 1.77
2003 2.78
2004 2.43
2005 2.40
2006 3.06
2007 3.46
2008 4.30
2009 3.20
2010 3.32
2011 3.30
2012 3.21
2013 2.61
2014 2.99
2015 2.91
2016 2.88
2017 3.43
2018 3.13
2019 2.81
2020 3.79
2021 5.61

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments