Insurance and Financial Services (As % of Service Imports, BoP) rose to 12.9% in Zimbabwe in 2017

Insurance and Financial Services (As % of Service Imports, BoP) (%)
Insurance | Zimbabwe | May 17, 2019
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Excel Sheet

Insurance and financial services as a percentage of service imports from the balance of payment reached 12.9 % in 2017 in Zimbabwe, according to the National Central Bank / OECD. This is 401 % more than in the previous year.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in Zimbabwe reached an all time high of 12.9 % in 2017 and an all time low of 2.16 % in 1985. When compared to Zimbabwe's main peers, insurance and financial services as a percentage of service imports from the balance of payment in Botswana amounted to 2.36 %, 21.9 % in Mozambique, 3.89 % in South Africa and 10.8 % in Zambia in 2017.

Zimbabwe has been ranked 22nd within the group of 155 countries we follow in terms of insurance and financial services as a percentage of service imports from the balance of payment.

Insurance and financial services (% of service imports, BoP) cover various types of insurance provided to residents by non-resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and non-residents.

Insurance and Financial Services (As % of Service Imports, BoP) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Angola % 2.09% 1.37% 4.07% 2.02% 3.30%
Botswana % 4.39% 0.526% 0.706% 0.566% 2.92%
Dem. Republic of the Congo % 13.2% 20.5% 18.4% 15.7% 20.1%
Lesotho % 3.06% 3.38% 3.44% 3.69% 3.58%
Malawi % 10.7% 13.0% 9.25% 8.06% 8.93%
Mozambique % 2.95% 1.93% 3.33% 3.37% 5.21%
Namibia % 6.27% 4.35% 3.28% 2.73% 3.94%
South Africa % 3.72% 4.08% 4.02% 4.17% 4.13%
Swaziland % 3.01% 6.12% 1.70% 5.62% 1.66%
Tanzania % 3.55% 3.32% 2.36% 1.96% 2.08%
Zambia % 9.03% 10.8% 7.52% 8.95% 10.7%
Zimbabwe % ... ... ... ... ... ... ... ...