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

Source: World Bank
Last Updated: Oct 1, 2021

Insurance and financial services as a percentage of service exports from the balance of payment reached 1.36 % in 2019 in Comoros, according to the National Central Bank / OECD. This is 893 % more 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 % in. 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 11.4 %, 0.484 % in Madagascar, 3.16 % in Mozambique and 1.45 % in Tanzania in 2019.

Comoros has been ranked 101st within the group of 146 countries we follow in terms of insurance and financial services as a percentage of service exports from the balance of payment, 37 places above 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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