Venezuela - Insurance and financial services

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

Insurance and financial services (% of service imports, BoP) in Venezuela was 3.82 as of 2016. Its highest value over the past 46 years was 9.38 in 1971, while its lowest value was 1.66 in 1992.

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 8.72
1971 9.38
1972 8.84
1973 8.28
1974 6.41
1975 5.56
1976 6.58
1977 5.27
1978 4.56
1979 4.51
1980 4.79
1981 4.38
1982 5.87
1983 3.99
1984 3.23
1985 4.13
1986 4.97
1987 5.14
1988 5.64
1989 1.90
1990 3.98
1991 2.09
1992 1.66
1993 1.93
1994 2.31
1995 2.45
1996 2.80
1997 7.21
1998 5.87
1999 5.76
2000 5.09
2001 5.61
2002 7.15
2003 7.73
2004 6.10
2005 8.70
2006 8.75
2007 8.94
2008 8.78
2009 8.94
2010 6.54
2011 5.06
2012 5.83
2013 8.24
2014 5.57
2015 5.55
2016 3.82

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

Insurance and financial services (% of service exports, BoP) in Venezuela was 1.40 as of 2016. Its highest value over the past 46 years was 16.95 in 1982, while its lowest value was 0.07 in 2005.

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 14.68
1971 14.12
1972 12.96
1973 8.99
1974 7.11
1975 6.16
1976 14.25
1977 10.77
1978 7.87
1979 13.17
1980 14.36
1981 10.59
1982 16.95
1983 6.00
1984 8.02
1985 3.32
1986 3.04
1987 8.61
1988 4.49
1989 1.50
1990 0.17
1991 0.08
1992 0.15
1993 0.44
1994 0.31
1995 0.12
1996 0.13
1997 0.53
1998 0.35
1999 0.15
2000 0.25
2001 0.14
2002 0.10
2003 0.23
2004 0.18
2005 0.07
2006 0.26
2007 1.34
2008 1.28
2009 1.35
2010 0.70
2011 0.68
2012 0.60
2013 0.81
2014 0.89
2015 1.16
2016 1.40

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments