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

Insurance and financial services (% of service imports, BoP) in Small states was 14.55 as of 2020. Its highest value over the past 28 years was 16.37 in 2010, while its lowest value was 6.34 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
1992 6.60
1993 6.34
1994 6.75
2008 15.04
2009 14.01
2010 16.37
2011 12.91
2012 13.98
2013 14.70
2014 15.31
2015 15.14
2016 15.50
2017 15.15
2018 15.51
2019 12.12
2020 14.55

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments