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

Source: World Bank
Last Updated: Apr 1, 2021

Insurance and financial services as a percentage of service exports from the balance of payment reached 0.137 % in 2014 in Comoros, according to the National Central Bank / OECD. This is 3.41 % less than in the previous year.

Historically, insurance and financial services as a percentage of service exports from the balance of payment in Comoros reached an all time high of 4.23 % in 1980 and an all time low of 0.077 % in 2005. When compared to Comoros's main peers, insurance and financial services as a percentage of service exports from the balance of payment in Kenya amounted to 5.66 %, 0.210 % in Madagascar, 0.020 % in Mozambique and 1.77 % in Tanzania in 2014.

Comoros has been ranked 150th within the group of 156 countries we follow in terms of insurance and financial services as a percentage of service exports from the balance of payment.

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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