Institutional Sign In

Go

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

Source: World Bank
Last Updated: Oct 1, 2021

Insurance and financial services as a percentage of service exports from the balance of payment reached 1.77 % in 2020 in Lithuania, according to the National Central Bank / OECD. This is 8.81 % more than in the previous year.

Historically, insurance and financial services as a percentage of service exports from the balance of payment in Lithuania reached an all time high of 2.05 % in 2008 and an all time low of % in. When compared to Lithuania's main peers, insurance and financial services as a percentage of service exports from the balance of payment in Belarus amounted to 0.836 %, 1.48 % in Estonia, 3.07 % in Latvia and 3.49 % in Russia in 2020.

Lithuania has been ranked 70th within the group of 94 countries we follow in terms of insurance and financial services as a percentage of service exports from the balance of payment, 33 places above 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 Lithuania.

from $199/month

Buy annual subscriptions for all our products.