Papua New Guinea - Insurance and financial services

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

Insurance and financial services (% of service imports, BoP) in Papua New Guinea was 5.67 as of 2018. Its highest value over the past 42 years was 17.63 in 2008, while its lowest value was 1.83 in 1993.

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
1976 3.26
1977 4.02
1978 4.43
1979 4.64
1980 4.76
1981 4.33
1982 3.95
1983 4.02
1984 3.67
1985 3.55
1986 3.95
1987 3.84
1988 3.67
1989 4.62
1990 3.86
1991 2.84
1992 2.02
1993 1.83
1994 3.19
1995 2.80
1996 7.58
1997 6.85
1998 6.16
1999 6.41
2000 5.21
2001 7.30
2002 7.63
2003 9.33
2004 11.07
2005 10.12
2006 9.27
2007 16.97
2008 17.63
2009 13.69
2010 12.72
2011 7.26
2012 6.10
2013 6.18
2014 7.13
2015 8.99
2016 6.87
2017 6.53
2018 5.67

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

Insurance and financial services (% of service exports, BoP) in Papua New Guinea was 29.99 as of 2018. Its highest value over the past 42 years was 29.99 in 2018, while its lowest value was 0.46 in 1976.

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
1976 0.46
1977 1.03
1978 1.47
1979 0.91
1980 0.97
1981 0.55
1982 0.57
1983 0.70
1984 0.86
1985 1.44
1986 1.31
1987 1.04
1988 0.87
1989 0.64
1990 0.46
1991 0.60
1992 0.79
1993 0.92
1994 1.76
1995 1.20
1996 3.13
1997 3.86
1998 2.22
1999 3.80
2000 1.85
2001 1.84
2002 1.52
2003 5.19
2004 7.28
2005 5.13
2006 1.55
2007 5.44
2008 3.94
2009 6.34
2010 2.40
2011 4.70
2012 2.60
2013 3.51
2014 7.89
2015 4.71
2016 4.59
2017 4.59
2018 29.99

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments