Algeria - Insurance and financial services

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

Insurance and financial services (% of service imports, BoP) in Algeria was 3.13 as of 2020. Its highest value over the past 43 years was 8.49 in 1990, while its lowest value was 1.82 in 2011.

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
1977 6.87
1978 6.42
1979 6.20
1980 6.71
1981 5.43
1982 6.13
1983 4.92
1984 4.95
1985 3.64
1986 5.97
1987 6.29
1988 7.25
1989 6.98
1990 8.49
1991 8.41
2005 3.46
2006 3.35
2007 3.67
2008 3.54
2009 2.14
2010 2.34
2011 1.82
2012 2.12
2013 2.41
2014 2.30
2015 2.42
2016 2.15
2017 2.72
2018 2.51
2019 2.03
2020 3.13

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

Insurance and financial services (% of service exports, BoP) in Algeria was 8.03 as of 2020. Its highest value over the past 43 years was 21.02 in 2005, while its lowest value was 4.17 in 1977.

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
1977 4.17
1978 4.92
1979 5.07
1980 5.42
1981 5.48
1982 6.08
1983 7.26
1984 7.35
1985 8.00
1986 9.19
1987 7.67
1988 8.20
1989 6.88
1990 5.71
1991 5.43
2005 21.02
2006 4.29
2007 5.60
2008 8.11
2009 8.48
2010 8.49
2011 8.26
2012 8.72
2013 7.91
2014 9.13
2015 12.19
2016 10.90
2017 10.34
2018 9.55
2019 11.80
2020 8.03

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments