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

Insurance and financial services (% of service exports, BoP) in World was 13.84 as of 2020. Its highest value over the past 38 years was 13.84 in 2020, while its lowest value was 3.12 in 1982.

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
1982 3.12
1983 3.50
1984 3.85
1985 4.21
1986 6.18
1987 5.99
1988 5.94
1989 5.77
1990 5.88
1991 6.39
1992 7.63
1993 7.08
1994 5.60
1995 6.20
1996 6.22
1997 6.40
1998 6.55
1999 9.19
2000 9.59
2001 9.35
2002 9.69
2003 10.39
2004 10.85
2005 11.41
2006 12.51
2007 13.24
2008 12.31
2009 12.53
2010 12.10
2011 12.32
2012 12.16
2013 12.09
2014 11.97
2015 11.82
2016 11.77
2017 11.56
2018 11.31
2019 10.96
2020 13.84

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