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

Insurance and financial services as a percentage of service exports from the balance of payment reached 0.446 % in 2016 in Botswana, according to the National Central Bank / OECD. This is 69.40000000000001 % less than in the previous year.

Historically, insurance and financial services as a percentage of service exports from the balance of payment in Botswana reached an all time high of 7.13 % in 1990 and an all time low of 0.128 % in 2009. When compared to Botswana's main peers, insurance and financial services as a percentage of service exports from the balance of payment in Namibia amounted to 4.89 %, 6.94 % in South Africa and 10.0 % in Zambia in 2016.

Botswana has been ranked 134th 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, 77 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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