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

Source: World Bank
Last Updated: Oct 1, 2021

Insurance and financial services as a percentage of service exports from the balance of payment reached 9.34 % in 2020 in France, according to the National Central Bank / OECD. This is 17.6 % more 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 % in. 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 10.4 %, 13.5 % in Germany, 9.82 % in Italy and 6.10 % in Spain in 2020.

France has been ranked 22nd within the group of 94 countries we follow in terms of insurance and financial services as a percentage of service exports from the balance of payment, 19 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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