Georgia - Insurance and financial services

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

Insurance and financial services (% of service imports, BoP) in Georgia was 8.51 as of 2020. Its highest value over the past 23 years was 13.49 in 2008, while its lowest value was 4.02 in 1999.

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
1997 8.41
1998 5.21
1999 4.02
2000 6.90
2001 6.36
2002 5.70
2003 7.48
2004 9.24
2005 9.62
2006 11.53
2007 13.16
2008 13.49
2009 12.80
2010 12.32
2011 12.41
2012 10.86
2013 8.62
2014 9.28
2015 8.24
2016 7.98
2017 7.21
2018 6.91
2019 5.80
2020 8.51

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

Insurance and financial services (% of service exports, BoP) in Georgia was 2.02 as of 2020. Its highest value over the past 23 years was 4.80 in 2004, while its lowest value was 0.00 in 1997.

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
1997 0.00
1998 0.00
1999 0.00
2000 2.53
2001 3.52
2002 4.13
2003 4.10
2004 4.80
2005 4.23
2006 3.54
2007 2.00
2008 1.95
2009 2.15
2010 3.37
2011 1.90
2012 1.49
2013 0.91
2014 0.89
2015 0.95
2016 0.80
2017 0.71
2018 0.70
2019 0.77
2020 2.02

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments