West Bank and Gaza - Insurance and financial services (% of service exports, BoP)

Insurance and financial services (% of service exports, BoP) in West Bank and Gaza was 0.041 as of 2020. Its highest value over the past 22 years was 0.993 in 2010, while its lowest value was 0.000 in 1998.

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
1998 0.000
1999 0.000
2000 0.009
2004 0.001
2005 0.003
2006 0.027
2007 0.017
2008 0.019
2009 0.014
2010 0.993
2011 0.006
2012 0.012
2013 0.018
2014 0.019
2015 0.019
2016 0.007
2017 0.014
2018 0.015
2019 0.029
2020 0.041

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