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 | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |