Insurance and Financial Services (As % of Service Exports, BoP) rose 30.5% to 3.75% in Thailand in 2021

Insurance and Financial Services (As % of Service Exports, BoP) (%), 2021
Insurance | Thailand | February 1, 2023
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Excel Sheet

Insurance and financial services as a percentage of service exports from the balance of payment rose 30.5% to 3.75% in Thailand in 2021, according to the National Central Bank / OECD.

Historically, insurance and financial services as a percentage of service exports from the balance of payment in Thailand reached an all time high of 3.75% in 2021 and an all time low of 0.130% in 1988.

Thailand has been ranked 64th within the group of 134 countries we follow in terms of insurance and financial services as a percentage of service exports from the balance of payment, 42 places above the position seen 10 years ago.

Insurance and Financial Services (As % of Service Exports, BoP) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Cambodia % ... ... 0.860% 0.225% 0.190% 0.331% 0.538%
China % 3.36% 3.47% 3.52% 3.54% 3.56%
India % 4.69% 4.45% 3.75% 3.91% 3.42%
Laos % 1.42% 0.273% 1.89% 0.502% 2.40%
Malaysia % 2.03% 2.28% 2.23% 2.28% 2.43%
Myanmar % ... ... ... ... ... ... ... ... ... ... ... 0.169% 0.709% 0.405% 0.156% 0.163% ... ...
Singapore % 16.2% 17.3% 17.6% 17.4% 17.3%
Thailand % 1.10% 1.24% 1.17% 1.17% 1.11%
Vietnam % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...