The Gambia - Insurance and financial services

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

Insurance and financial services (% of service imports, BoP) in The Gambia was 11.67 as of 2021. Its highest value over the past 43 years was 12.58 in 2015, while its lowest value was 3.85 in 1987.

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
1978 6.91
1979 5.64
1980 7.41
1981 6.85
1982 5.80
1983 6.71
1984 8.52
1985 8.59
1986 8.74
1987 3.85
1988 3.95
1989 4.45
1990 6.06
1991 4.60
1992 4.77
1993 4.70
1994 4.43
1995 3.92
1996 4.70
1997 4.63
2003 9.88
2004 10.34
2005 10.76
2006 5.37
2007 7.70
2008 7.99
2009 7.35
2010 7.19
2011 10.70
2012 12.38
2013 12.08
2014 9.71
2015 12.58
2016 12.07
2017 12.03
2018 11.83
2019 11.47
2020 12.31
2021 11.67

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

Insurance and financial services (% of service exports, BoP) in The Gambia was 0.28 as of 2021. Its highest value over the past 43 years was 1.18 in 2014, while its lowest value was 0.00 in 1980.

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
1978 0.72
1979 0.27
1980 0.00
1981 0.00
1982 0.55
1983 0.62
1984 0.80
1985 0.59
1986 0.83
1987 0.35
1988 0.17
1989 0.13
1990 0.06
1991 0.05
1992 0.05
1993 0.11
1994 0.11
1995 0.20
1996 0.11
1997 0.10
2003 0.60
2004 0.63
2005 0.46
2006 0.40
2007 0.30
2008 0.48
2009 0.07
2010 0.29
2011 0.46
2012 0.87
2013 0.69
2014 1.18
2015 0.26
2016 0.24
2017 0.16
2018 0.18
2019 0.18
2020 0.36
2021 0.28

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments