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

Source: World Bank
Last Updated: January 1, 2021

Insurance and financial services as a percentage of service exports from the balance of payment reached 0.103 % in 2018 in Lesotho, according to the National Central Bank / OECD. This is 3.82 % more than in the previous year.

Historically, insurance and financial services as a percentage of service exports from the balance of payment in Lesotho reached an all time high of 5.00 % in 1993 and an all time low of -6.59 % in 2005. When compared to Lesotho's main peers, insurance and financial services as a percentage of service exports from the balance of payment in Botswana amounted to 1.00 %, 7.45 % in South Africa and 17.2 % in Swaziland in 2018.

Lesotho has been ranked 151st 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, 44 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.

$2.99

Buy Insurance and Financial Services (As % of Service Exports, BoP) data for Lesotho.

from $199/month

Buy annual subscriptions for all our products.