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

Insurance and financial services as a percentage of service exports from the balance of payment reached 0.619 % in 2016 in Kyrgyzstan, according to the National Central Bank / OECD. This is 80.90000000000001 % less than in the previous year.

Historically, insurance and financial services as a percentage of service exports from the balance of payment in Kyrgyzstan reached an all time high of 3.73 % in 1998 and an all time low of 0.360 % in 2014. When compared to Kyrgyzstan's main peers, insurance and financial services as a percentage of service exports from the balance of payment in China amounted to 3.47 %, 1.22 % in Kazakhstan and 0.371 % in Tajikistan in 2016.

Kyrgyzstan has been ranked 132nd within the group of 154 countries we follow in terms of insurance and financial services as a percentage of service exports from the balance of payment, 17 places behind 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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