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

Source: World Bank
Last Updated: July 1, 2023

Insurance and financial services as a percentage of service exports from the balance of payment reached 10.4% in 2021 in Algeria, according to the National Central Bank / OECD. This is 29.7% more 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 4.17% in 1977.

Algeria has been ranked 29th 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.

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