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

Insurance and financial services as a percentage of service exports from the balance of payment reached 23.6 % in 2007 in Gabon, according to the National Central Bank / OECD. This is 2859 % more than in the previous year.

Historically, insurance and financial services as a percentage of service exports from the balance of payment in Gabon reached an all time high of 36.6 % in 2009 and an all time low of 0.441 % in 2000. When compared to Gabon's main peers, insurance and financial services as a percentage of service exports from the balance of payment in Cameroon amounted to 3.14 % and 13.9 % in Congo in 2007.

Gabon has been ranked 7th within the group of 147 countries we follow in terms of insurance and financial services as a percentage of service exports from the balance of payment, 20 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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