Institutional Sign In

Go

Insurance and Financial Services (As % of Service Exports, BoP) in Algeria

Source: World Bank
Last Updated: Oct 1, 2021

Insurance and financial services as a percentage of service exports from the balance of payment reached 9.55 % in 2018 in Algeria, according to the National Central Bank / OECD. This is 17.0 % less than in the previous year.

Historically, insurance and financial services as a percentage of service exports from the balance of payment in Algeria reached an all time high of 21.0 % in 2005 and an all time low of % in. When compared to Algeria's main peers, insurance and financial services as a percentage of service exports from the balance of payment in Libya amounted to 41.5 %, 1.03 % in Morocco, 3.13 % in Spain and 3.43 % in Tunisia in 2018.

Algeria has been ranked 34th within the group of 155 countries we follow in terms of insurance and financial services as a percentage of service exports from the balance of payment, 3 places behind the position seen 10 years ago.

Insurance and financial services cover various types of insurance provided to non-residents by 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.

$2.99

Buy Insurance and Financial Services (As % of Service Exports, BoP) data for Algeria.

from $199/month

Buy annual subscriptions for all our products.