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

Source: World Bank
Last Updated: July 1, 2023

Insurance and financial services as a percentage of service exports from the balance of payment reached 3.40% in 2021 in India, according to the National Central Bank / OECD. This is 6.88% more than in the previous year.

Historically, insurance and financial services as a percentage of service exports from the balance of payment in India reached an all time high of 6.50% in 2010 and an all time low of 1.24% in 1980.

India has been ranked 71st 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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