Institutional Sign In

Go

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

Source: World Bank
Last Updated: Oct 1, 2021

Insurance and financial services as a percentage of service exports from the balance of payment reached 0.265 % in 2020 in Macedonia, according to the National Central Bank / OECD. This is 2.57 % more than in the previous year.

Historically, insurance and financial services as a percentage of service exports from the balance of payment in Macedonia reached an all time high of 2.06 % in 1996 and an all time low of % in. When compared to Macedonia's main peers, insurance and financial services as a percentage of service exports from the balance of payment in Albania amounted to 0.771 %, 9.87 % in Bulgaria, 2.41 % in Greece and 5.68 % in Kosovo in 2020.

Macedonia has been ranked 90th 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, 46 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 Macedonia.

from $199/month

Buy annual subscriptions for all our products.