Upper middle income - Insurance and financial services imports
Insurance and financial services (% of commercial service imports)
The value for Insurance and financial services (% of commercial service imports) in Upper middle income was 9.09 as of 2020. As the graph below shows, over the past 38 years this indicator reached a maximum value of 12.06 in 1995 and a minimum value of 3.87 in 1990.
Definition: Insurance and financial services cover freight insurance on goods imported and other direct insurance such as life insurance; financial intermediation services such as commissions, foreign exchange transactions, and brokerage services; and auxiliary services such as financial market operational and regulatory services.
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
See also:
| Year | Value |
|---|---|
| 1982 | 5.42 |
| 1983 | 6.13 |
| 1984 | 5.85 |
| 1985 | 4.85 |
| 1986 | 5.27 |
| 1987 | 6.59 |
| 1988 | 6.51 |
| 1989 | 5.67 |
| 1990 | 3.87 |
| 1991 | 5.36 |
| 1992 | 4.36 |
| 1993 | 5.35 |
| 1994 | 9.02 |
| 1995 | 12.06 |
| 1996 | 7.23 |
| 1997 | 9.39 |
| 1998 | 6.87 |
| 1999 | 6.91 |
| 2000 | 7.62 |
| 2001 | 8.10 |
| 2002 | 8.28 |
| 2003 | 9.01 |
| 2004 | 8.54 |
| 2005 | 8.56 |
| 2006 | 9.20 |
| 2007 | 8.91 |
| 2008 | 8.74 |
| 2009 | 9.03 |
| 2010 | 9.28 |
| 2011 | 9.35 |
| 2012 | 9.15 |
| 2013 | 9.20 |
| 2014 | 8.23 |
| 2015 | 6.80 |
| 2016 | 6.76 |
| 2017 | 6.58 |
| 2018 | 6.67 |
| 2019 | 7.00 |
| 2020 | 9.09 |
Classification
Topic: Private Sector & Trade Indicators
Sub-Topic: Imports
