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Insurance and Financial Services (As % of Service Imports, BoP) in Latvia

Source: World Bank, World Bank
Last Updated: July 1, 2023

Insurance and financial services as a percentage of service imports from the balance of payment reached 3.39% in 2021 in Latvia, according to the National Central Bank / OECD. This is 38.5% less than in the previous year.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in Latvia reached an all time high of 10.1% in 2011 and an all time low of 2.75% in 2006.

Latvia has been ranked 115th within the group of 139 countries we follow in terms of insurance and financial services as a percentage of service imports from the balance of payment.

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