Colombia - 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 Colombia was 19.57 as of 2021. As the graph below shows, over the past 53 years this indicator reached a maximum value of 25.84 in 2020 and a minimum value of 7.33 in 1976.

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
1968 10.14
1969 9.96
1970 8.84
1971 10.03
1972 9.09
1973 8.54
1974 7.57
1975 7.52
1976 7.33
1977 8.54
1978 9.40
1979 9.80
1980 10.53
1981 11.60
1982 12.65
1983 12.94
1984 14.73
1985 13.31
1986 12.23
1987 12.47
1988 14.07
1989 14.50
1990 13.68
1991 13.25
1992 12.79
1993 12.72
1994 11.58
1995 11.97
1996 12.66
1997 14.50
1998 11.30
1999 10.22
2000 13.38
2001 15.22
2002 18.27
2003 15.21
2004 13.75
2005 11.74
2006 11.15
2007 9.61
2008 9.67
2009 11.66
2010 13.71
2011 14.08
2012 13.57
2013 13.20
2014 12.79
2015 11.90
2016 11.51
2017 14.83
2018 14.53
2019 15.99
2020 25.84
2021 19.57

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Imports