Nigeria - Insurance and financial services imports
Insurance and financial services (% of commercial service imports)
The value for Insurance and financial services (% of commercial service imports) in Nigeria was 6.50 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 9.37 in 2016 and a minimum value of 0.00 in 2003.
Definition: Insurance and financial services cover freight insurance on goods imported 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 |
---|---|
1977 | 3.51 |
1978 | 4.34 |
1979 | 3.67 |
1980 | 2.77 |
1981 | 4.44 |
1982 | 3.50 |
1983 | 4.19 |
1984 | 3.84 |
1985 | 3.93 |
1986 | 2.17 |
1987 | 3.36 |
1988 | 4.63 |
1989 | 3.59 |
1990 | 3.12 |
1991 | 4.57 |
1992 | 4.95 |
1993 | 3.00 |
1994 | 2.58 |
1995 | 2.55 |
1996 | 1.03 |
1997 | 2.35 |
1998 | 2.10 |
1999 | 2.81 |
2000 | 2.81 |
2001 | 2.81 |
2002 | 2.81 |
2003 | 0.00 |
2005 | 0.47 |
2006 | 2.52 |
2007 | 1.40 |
2008 | 4.63 |
2009 | 2.68 |
2010 | 2.69 |
2011 | 4.54 |
2012 | 5.17 |
2013 | 4.80 |
2014 | 6.78 |
2015 | 7.94 |
2016 | 9.37 |
2017 | 7.51 |
2018 | 3.96 |
2019 | 3.68 |
2020 | 6.50 |
Classification
Topic: Private Sector & Trade Indicators
Sub-Topic: Imports