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

Insurance and financial services as a percentage of service exports from the balance of payment reached 0.955 % in 2016 in Argentina, according to the National Central Bank / OECD. This is 28.9 % less than in the previous year.

Historically, insurance and financial services as a percentage of service exports from the balance of payment in Argentina reached an all time high of 1.69 % in 1993 and an all time low of 0.026 % in 2002. When compared to Argentina's main peers, insurance and financial services as a percentage of service exports from the balance of payment in Bolivia amounted to 0.621 %, 5.22 % in Chile, 2.83 % in Paraguay and 3.46 % in Uruguay in 2016.

Argentina has been ranked 118th within the group of 154 countries we follow in terms of insurance and financial services as a percentage of service exports from the balance of payment, 30 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.

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