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

Insurance and financial services (% of service exports, BoP) in United States was 23.35 as of 2020. Its highest value over the past 50 years was 23.35 in 2020, while its lowest value was 0.58 in 1977.

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
1970 0.70
1971 0.78
1972 1.20
1973 0.94
1974 0.77
1975 0.90
1976 0.73
1977 0.58
1978 0.65
1979 3.48
1980 3.20
1981 3.84
1982 3.75
1983 4.17
1984 3.98
1985 4.04
1986 5.40
1987 5.37
1988 4.22
1989 4.04
1990 3.14
1991 3.34
1992 2.85
1993 3.22
1994 3.39
1995 3.78
1996 4.13
1997 4.83
1998 5.45
1999 10.45
2000 11.01
2001 10.89
2002 11.91
2003 13.26
2004 14.54
2005 14.52
2006 15.59
2007 17.12
2008 17.27
2009 16.93
2010 17.42
2011 17.95
2012 17.73
2013 17.44
2014 18.04
2015 17.01
2016 16.83
2017 17.63
2018 17.59
2019 17.64
2020 23.35

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