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

Source: World Bank
Last Updated: Dec 1, 2021

Insurance and financial services as a percentage of service exports from the balance of payment reached 11.5% in 2020 in the European Union, according to the National Central Bank / OECD. This is 20.8% more than in the previous year.

Historically, insurance and financial services as a percentage of service exports from the balance of payment in the European Union reached an all time high of 11.6% in 2012 and an all time low of 2.88% in 1980.

European Union has been ranked within the group of 92 countries we follow in terms of interest rate on insurance and financial services as a percentage of service exports from the balance of payment.

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