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

Insurance and financial services as a percentage of service exports from the balance of payment reached 7.21 % in 2017 in France, according to the National Central Bank / OECD. This is 11.6 % less than in the previous year.

Historically, insurance and financial services as a percentage of service exports from the balance of payment in France reached an all time high of 21.7 % in 1992 and an all time low of 1.91 % in 2003. When compared to France's main peers, insurance and financial services as a percentage of service exports from the balance of payment in Belgium amounted to 7.92 %, 11.4 % in Germany, 6.86 % in Italy and 4.36 % in Spain in 2017.

France has been ranked 34th within the group of 149 countries we follow in terms of insurance and financial services as a percentage of service exports from the balance of payment, 31 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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