Libya - Insurance and financial services imports

Insurance and financial services (% of commercial service imports)

The value for Insurance and financial services (% of commercial service imports) in Libya was 23.92 as of 2019. As the graph below shows, over the past 42 years this indicator reached a maximum value of 39.97 in 2015 and a minimum value of 0.52 in 2001.

Definition: Insurance and financial services cover freight insurance on goods imported and other direct insurance such as life insurance; financial intermediation services such as commissions, foreign exchange transactions, and brokerage services; and auxiliary services such as financial market operational and regulatory services.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1977 5.04
1978 5.27
1979 5.66
1980 5.80
1981 6.69
1982 6.34
1983 5.15
1984 5.04
1985 4.43
1986 6.12
1987 5.84
1988 3.14
1989 3.23
1990 4.08
2000 0.61
2001 0.52
2002 1.79
2003 4.52
2004 6.67
2005 8.46
2006 8.52
2007 7.74
2008 6.78
2009 13.73
2010 12.40
2011 7.00
2012 20.04
2013 22.24
2014 37.34
2015 39.97
2016 30.63
2017 22.68
2018 25.56
2019 23.92

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Imports