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

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: Thematic map, Time series comparison

Find indicator:
Rank Country Value Year
1 Liberia 78.78 2019
2 Luxembourg 57.86 2021
3 Cayman Islands 51.30 2019
4 Bahrain 44.78 2018
5 Libya 41.51 2019
6 Cyprus 39.19 2020
7 Hong Kong SAR, China 34.21 2020
8 Papua New Guinea 29.99 2018
9 United Kingdom 28.59 2020
10 Switzerland 25.46 2020
11 Malawi 25.16 2020
12 Malta 24.87 2020
13 Trinidad and Tobago 24.17 2020
14 Nigeria 23.79 2020
15 United States 23.35 2020
16 Guinea-Bissau 21.49 2020
17 Mexico 20.79 2020
18 Burkina Faso 19.30 2020
19 Singapore 18.75 2021
20 Haiti 15.56 2021
21 Kuwait 15.45 2020
22 Kenya 15.01 2020
23 Macao SAR, China 14.96 2020
24 Panama 14.67 2020
25 Eswatini 13.77 2020
26 Guyana 13.50 2020
27 Guinea 13.50 2020
28 Germany 13.16 2020
29 Canada 12.67 2021
30 Ireland 12.46 2020
31 South Africa 11.97 2020
32 Ghana 11.48 2020
33 Mauritius 11.22 2020
34 Japan 11.08 2020
35 France 10.89 2020
36 Iran 10.49 2000
37 Samoa 10.27 2020
38 Italy 10.08 2020
39 Norway 10.07 2020
40 Botswana 10.04 2020
41 Benin 9.96 2020
42 Bulgaria 9.49 2020
43 Uruguay 9.44 2020
44 Belgium 9.38 2020
45 Chile 9.30 2020
46 Zambia 9.20 2020
47 Antigua and Barbuda 9.12 2020
48 Saudi Arabia 8.10 2020
49 Algeria 8.03 2020
50 Sierra Leone 7.90 2020
51 Lebanon 7.62 2020
52 Australia 7.55 2020
53 Peru 7.20 2020
54 Guatemala 7.18 2020
55 St. Vincent and the Grenadines 7.06 2020
56 Indonesia 7.06 2021
57 Sweden 6.74 2020
58 Togo 6.38 2020
59 Bhutan 6.28 2020
60 Dominica 6.21 2020
61 Spain 6.19 2020
62 Tunisia 6.07 2020
63 Cameroon 6.00 2020
64 Vanuatu 5.94 2020
65 Turkey 5.61 2021
66 Brazil 5.53 2021
67 Malaysia 5.18 2021
68 Kazakhstan 5.08 2020
69 Kiribati 5.01 2020
70 Qatar 4.88 2020
71 Iceland 4.75 2020
72 Austria 4.74 2020
73 El Salvador 4.63 2020
74 Uganda 4.62 2020
75 Solomon Islands 4.51 2020
76 Sri Lanka 4.45 2020
77 Armenia 4.33 2020
78 Korea 4.26 2021
79 Mozambique 4.24 2020
80 St. Kitts and Nevis 4.19 2020
81 Ecuador 4.16 2020
82 Namibia 4.13 2020
83 China 4.10 2020
84 Latvia 3.85 2021
85 New Zealand 3.71 2020
86 Slovenia 3.59 2021
87 Kyrgyz Republic 3.48 2020
88 Paraguay 3.38 2020
89 Russia 3.38 2020
90 Dominican Republic 3.20 2020
91 Cambodia 3.20 2020
92 Netherlands 3.19 2020
93 India 3.18 2020
94 Mali 3.15 2020
95 Andorra 3.14 2019
96 Egypt 3.12 2020
97 Suriname 3.00 2020
98 Comoros 2.93 2020
99 Thailand 2.92 2020
100 Czech Republic 2.75 2020
101 Jordan 2.58 2020
102 Côte d'Ivoire 2.53 2020
103 Rwanda 2.50 2020
104 St. Lucia 2.46 2020
105 Lao PDR 2.46 2020
106 Senegal 2.43 2018
107 Greece 2.41 2020
108 Argentina 2.40 2020
109 Poland 2.36 2020
110 Pakistan 2.30 2021
111 Slovak Republic 2.26 2020
112 Uzbekistan 2.24 2020
113 Portugal 2.19 2021
114 Hungary 2.08 2020
115 Georgia 2.02 2020
116 Oman 1.80 2020
117 Morocco 1.79 2020
118 Dem. Rep. Congo 1.78 2020
119 Bangladesh 1.78 2021
120 Lithuania 1.77 2020
121 Mauritania 1.76 2020
122 Serbia 1.75 2020
123 Grenada 1.71 2020
124 Romania 1.67 2020
125 Denmark 1.67 2020
126 Cabo Verde 1.59 2020
127 Barbados 1.56 2016
128 Estonia 1.52 2021
129 Finland 1.51 2021
130 Nepal 1.51 2021
131 Burundi 1.49 2018
132 Colombia 1.46 2021
133 Tanzania 1.43 2020
134 Venezuela 1.40 2016
135 São Tomé and Principe 1.39 2020
136 Croatia 1.37 2020
137 Mongolia 1.32 2020
138 Costa Rica 1.26 2020
139 Azerbaijan 1.17 2020
140 Gabon 1.14 2015
141 Syrian Arab Republic 1.08 2010
142 Belarus 0.97 2021
143 Sudan 0.95 2020
144 Montenegro 0.94 2021
145 Eritrea 0.92 2000
146 Belize 0.89 2020
147 Philippines 0.87 2021
148 Jamaica 0.80 2020
149 Albania 0.76 2020
150 Chad 0.74 1994
151 Madagascar 0.73 2020
152 Tuvalu 0.71 2019
153 Nicaragua 0.69 2020
154 Congo 0.68 2016
155 Iraq 0.67 2020
156 Ukraine 0.66 2021
157 Fiji 0.63 2020
158 Palau 0.60 2017
159 Bosnia and Herzegovina 0.52 2020
160 Niger 0.50 2020
161 Bolivia 0.50 2020
162 Brunei 0.47 2020
163 New Caledonia 0.45 2016
164 Lesotho 0.37 2021
165 Afghanistan 0.37 2020
166 Moldova 0.34 2020
167 The Gambia 0.28 2021
168 North Macedonia 0.20 2021
169 Honduras 0.20 2020
170 Myanmar 0.16 2019
171 Ethiopia 0.15 2020
172 Tajikistan 0.07 2020
173 Israel 0.06 2021
174 The Bahamas 0.00 2018
174 Central African Republic 0.00 1994
174 Angola 0.00 2020
174 Equatorial Guinea 0.00 1988
174 Yemen 0.00 2015
174 Tonga 0.00 2020
174 Seychelles 0.00 2020
174 Nauru 0.00 2018
174 Zimbabwe 0.00 2020
183 Timor-Leste -0.44 2020

More rankings: Africa | Asia | Central America & the Caribbean | Europe | Middle East | North America | Oceania | South America | World |

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.