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

Source: World Bank
Last Updated: Apr 1, 2021

Insurance and financial services as a percentage of service exports from the balance of payment reached 2.35 % in 2018 in Haiti, according to the National Central Bank / OECD. This is 270 % more than in the previous year.

Historically, insurance and financial services as a percentage of service exports from the balance of payment in Haiti reached an all time high of 2.35 % in 2018 and an all time low of 0.390 % in 1992. When compared to Haiti's main peers, insurance and financial services as a percentage of service exports from the balance of payment in Dominican Republic amounted to 1.28 % and 0.309 % in Jamaica in 2018.

Haiti has been ranked 77th within the group of 153 countries we follow in terms of insurance and financial services as a percentage of service exports from the balance of payment.

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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