Insurance and financial services as a percentage of service exports from the balance of payment rose 798% to 56.4% in Bhutan 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 Bhutan reached an all time high of 56.4% in 2021 and an all time low of 2.02% in 2014. When compared to Bhutan's main peers, insurance and financial services as a percentage of service exports from the balance of payment in Bangladesh amounted to 1.78%, 2.97% in China, 3.40% in India and 1.47% in Nepal in 2021.
Bhutan has been ranked 1st 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, 67 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 |
| Bangladesh | % | 2.20% | 2.54% | 3.72% | 2.05% | 2.37% | ||||||||||||||||
| Bhutan | % | ... | ... | ... | ... | ... | 2.44% | 3.24% | 3.86% | 2.60% | 3.70% | |||||||||||
| China | % | 3.36% | 3.47% | 3.52% | 3.54% | 3.56% | ||||||||||||||||
| India | % | 4.69% | 4.45% | 3.75% | 3.91% | 3.42% | ||||||||||||||||
| Japan | % | 7.30% | 7.94% | 6.81% | 7.05% | 7.92% | ||||||||||||||||
| Myanmar | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.169% | 0.709% | 0.405% | 0.156% | 0.163% | ... | ... | |||
| Nepal | % | ... | 1.29% | 0.913% | 1.23% | 2.45% | 0.962% | |||||||||||||||
| Pakistan | % | 2.75% | 3.47% | 3.16% | 3.14% | 3.48% | ||||||||||||||||
| Russia | % | 3.52% | 3.07% | 2.46% | 2.84% | 2.38% | ||||||||||||||||
| Sri Lanka | % | 5.83% | 5.22% | 5.00% | 4.44% | 4.68% | ... | |||||||||||||||
| USA | % | 17.1% | 17.1% | 18.0% | 18.0% | 18.1% |
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