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

Source: World Bank
Last Updated: July 1, 2023

Insurance and financial services as a percentage of service exports from the balance of payment reached 1.38% in 2021 in Georgia, according to the National Central Bank / OECD. This is 31.7% less than in the previous year.

Historically, insurance and financial services as a percentage of service exports from the balance of payment in Georgia reached an all time high of 4.80% in 2004 and an all time low of 0.695% in 2018.

Georgia has been ranked 102nd within the group of 134 countries we follow in terms of insurance and financial services as a percentage of service exports from the balance of payment.

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