Institutional Sign In

Go

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

Source: World Bank
Last Updated: Apr 1, 2021

Insurance and financial services as a percentage of service exports from the balance of payment reached 3.55 % in 2018 in Macao, according to the National Central Bank / OECD. This is 25.7 % less than in the previous year.

Historically, insurance and financial services as a percentage of service exports from the balance of payment in Macao reached an all time high of 4.77 % in 2019 and an all time low of 1.28 % in 2011. When compared to Macao's main peers, insurance and financial services as a percentage of service exports from the balance of payment in China amounted to 3.54 %, 20.9 % in Hong Kong and 17.2 % in Singapore in 2018.

Macao has been ranked 59th 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, 23 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 Macao.

from $199/month

Buy annual subscriptions for all our products.