Lebanon - Insurance and financial services

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

Insurance and financial services (% of service imports, BoP) in Lebanon was 16.70 as of 2020. Its highest value over the past 18 years was 20.13 in 2017, while its lowest value was 0.08 in 2009.

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
2002 3.56
2003 3.44
2004 2.25
2005 3.27
2006 3.20
2007 3.07
2008 2.44
2009 0.08
2010 10.58
2011 7.93
2012 8.93
2013 9.18
2014 11.25
2015 15.46
2016 16.54
2017 20.13
2018 16.43
2019 15.45
2020 16.70

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

Insurance and financial services (% of service exports, BoP) in Lebanon was 7.62 as of 2020. Its highest value over the past 18 years was 17.26 in 2016, while its lowest value was 1.46 in 2002.

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
2002 1.46
2003 1.58
2004 1.85
2005 2.46
2006 2.72
2007 2.90
2008 2.07
2009 2.11
2010 13.88
2011 16.28
2012 11.65
2013 10.95
2014 13.53
2015 15.84
2016 17.26
2017 15.15
2018 12.58
2019 7.87
2020 7.62

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments