Malawi - Insurance and financial services

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

Insurance and financial services (% of service imports, BoP) in Malawi was 10.92 as of 2020. Its highest value over the past 43 years was 12.95 in 2012, while its lowest value was 0.01 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
1977 8.39
1978 6.16
1979 6.01
1980 7.39
1981 7.13
1982 7.46
1983 7.26
1984 7.63
1985 8.22
1986 7.87
1987 8.30
1988 8.53
1989 8.77
1990 8.65
1991 8.11
1992 8.49
1993 8.40
1994 0.34
1995 0.05
1996 0.10
1997 0.26
1998 0.19
1999 0.34
2000 0.24
2001 0.04
2002 0.01
2003 2.63
2004 2.86
2005 3.13
2006 3.16
2007 4.92
2008 3.34
2009 4.04
2010 3.51
2011 10.69
2012 12.95
2013 9.25
2014 8.06
2015 10.05
2016 8.81
2017 9.37
2018 8.01
2019 7.92
2020 10.92

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

Insurance and financial services (% of service exports, BoP) in Malawi was 25.16 as of 2020. Its highest value over the past 43 years was 25.16 in 2020, while its lowest value was 0.00 in 1994.

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 1.74
1978 0.97
1979 0.77
1980 0.93
1981 0.54
1982 0.17
1983 0.30
1984 0.21
1985 0.34
1986 0.16
1987 0.13
1988 0.10
1989 0.12
1990 0.11
1991 0.14
1992 0.35
1993 0.27
1994 0.00
1995 0.00
1996 0.00
1997 0.00
1998 0.00
1999 0.00
2000 0.00
2001 0.00
2002 0.00
2003 0.28
2004 0.40
2005 0.29
2006 0.30
2007 0.20
2008 4.54
2009 0.26
2010 1.02
2011 16.84
2012 17.73
2013 16.64
2014 17.20
2015 16.13
2016 18.80
2017 23.04
2018 21.33
2019 22.56
2020 25.16

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments