Kiribati - Insurance and financial services

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

Insurance and financial services (% of service imports, BoP) in Kiribati was 2.06 as of 2020. Its highest value over the past 41 years was 8.72 in 1994, while its lowest value was 2.06 in 2020.

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
1979 6.78
1980 5.53
1981 5.69
1982 5.32
1983 4.96
1984 4.83
1985 3.31
1986 3.94
1987 5.95
1988 5.28
1989 3.04
1990 5.77
1991 6.48
1992 4.32
1993 7.22
1994 8.72
2006 7.11
2007 6.93
2008 5.12
2009 4.05
2010 4.99
2011 4.66
2012 3.47
2013 3.08
2014 2.86
2015 2.39
2016 2.27
2017 3.04
2018 5.05
2019 2.49
2020 2.06

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

Insurance and financial services (% of service exports, BoP) in Kiribati was 5.01 as of 2020. Its highest value over the past 41 years was 37.09 in 2008, while its lowest value was 0.41 in 1985.

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
1979 0.92
1980 0.59
1981 0.66
1982 1.05
1983 1.01
1984 0.74
1985 0.41
1986 1.33
1987 1.56
1988 2.14
1989 1.94
1990 1.59
1991 1.07
1992 1.02
1993 1.49
1994 1.25
2006 34.33
2007 29.85
2008 37.09
2009 26.55
2010 24.98
2011 19.77
2012 21.77
2013 11.64
2014 10.94
2015 10.58
2016 6.26
2017 10.16
2018 2.36
2019 10.65
2020 5.01

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments