High income - Insurance and financial services

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

Insurance and financial services (% of service imports, BoP) in High income was 11.17 as of 2020. Its highest value over the past 44 years was 11.17 in 2020, while its lowest value was 2.86 in 1980.

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
1976 3.02
1977 3.11
1978 3.13
1979 2.93
1980 2.86
1981 3.00
1982 3.31
1983 3.26
1984 3.79
1985 4.26
1986 4.33
1987 4.63
1988 4.75
1989 4.61
1990 5.24
1991 5.69
1992 7.22
1993 6.50
1994 4.78
1995 4.96
1996 4.79
1997 4.92
1998 4.93
1999 6.60
2000 6.54
2001 7.11
2002 7.76
2003 7.93
2004 8.27
2005 8.40
2006 9.81
2007 9.79
2008 9.37
2009 9.86
2010 9.78
2011 9.46
2012 9.16
2013 9.23
2014 9.15
2015 9.29
2016 9.37
2017 9.24
2018 9.08
2019 8.91
2020 11.17

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

Insurance and financial services (% of service exports, BoP) in High income was 16.09 as of 2020. Its highest value over the past 43 years was 16.09 in 2020, while its lowest value was 1.92 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 1.92
1978 2.04
1981 2.70
1982 2.94
1983 3.49
1984 3.92
1985 4.24
1986 6.57
1987 6.35
1988 6.29
1989 6.18
1990 6.35
1991 6.93
1992 8.45
1993 7.86
1994 6.13
1995 6.78
1996 7.06
1997 7.60
1998 7.55
1999 10.72
2000 11.20
2001 11.06
2002 11.56
2003 12.03
2004 12.77
2005 13.31
2006 14.72
2007 15.65
2008 14.62
2009 14.90
2010 14.44
2011 14.66
2012 14.51
2013 14.27
2014 14.07
2015 13.90
2016 13.83
2017 13.64
2018 13.36
2019 13.02
2020 16.09

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments