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

Insurance and financial services (% of service exports, BoP) in Canada was 12.67 as of 2021. Its highest value over the past 40 years was 12.67 in 2021, while its lowest value was 5.88 in 2004.

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
1981 10.19
1982 12.42
1983 12.24
1984 11.87
1985 12.63
1986 9.52
1987 9.22
1988 8.03
1989 8.57
1990 8.75
1991 9.06
1992 9.56
1993 9.86
1994 9.56
1995 8.37
1996 7.51
1997 7.42
1998 7.37
1999 6.34
2000 6.00
2001 6.06
2002 6.40
2003 6.51
2004 5.88
2005 6.81
2006 7.83
2007 8.60
2008 8.10
2009 8.38
2010 9.56
2011 10.91
2012 10.16
2013 10.25
2014 10.48
2015 11.19
2016 10.68
2017 10.21
2018 9.80
2019 9.33
2020 12.09
2021 12.67

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