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

Insurance and financial services as a percentage of service exports from the balance of payment reached 0.860 % in 2016 in Croatia, according to the National Central Bank / OECD. This is 16.9 % less than in the previous year.

Historically, insurance and financial services as a percentage of service exports from the balance of payment in Croatia reached an all time high of 1.83 % in 2002 and an all time low of 0.378 % in 2004. When compared to Croatia's main peers, insurance and financial services as a percentage of service exports from the balance of payment in Bosnia and Herzegovina amounted to 0.366 %, 0.359 % in Montenegro, 1.00 % in Serbia and 2.16 % in Slovenia in 2016.

Croatia has been ranked 121st 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.

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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