Insurance and Financial Services (As % of Service Imports, BoP) fell 11.3% to 7.05% in Thailand in 2021

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

Insurance and financial services as a percentage of service imports from the balance of payment fell 11.3% to 7.05% in Thailand in 2021, according to the National Central Bank / OECD.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in Thailand reached an all time high of 7.96% in 2020 and an all time low of 4.80% in 2016.

Thailand has been ranked 69th 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, 21 places above the position seen 10 years ago.

Insurance and Financial Services (As % of Service Imports, BoP) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Cambodia % 6.30% 6.22% 6.16% 6.28% 5.26%
China % 2.63% 3.38% 2.77% 2.59% 2.66%
India % 5.15% 6.59% 6.92% 4.51% 3.21%
Laos % 1.96% 1.16% 3.57% 2.90% 3.55%
Malaysia % 6.96% 6.88% 6.68% 6.93% 6.90%
Myanmar % ... ... ... ... ... ... ... ... ... ... ... 1.78% 1.87% 1.94% 1.62% 1.64% ... ...
Singapore % 4.76% 5.66% 5.29% 5.73% 6.15%
Thailand % 5.32% 4.80% 6.00% 6.07% 6.27%
Vietnam % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...