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

Source: World Bank
Last Updated: January 1, 2021

Insurance and financial services as a percentage of service exports from the balance of payment reached 4.81 % in 2018 in Mauritius, according to the National Central Bank / OECD. This is 10.0 % more than in the previous year.

Historically, insurance and financial services as a percentage of service exports from the balance of payment in Mauritius reached an all time high of 6.68 % in 2001 and an all time low of 0.011 % in 1997. When compared to Mauritius's main peers, insurance and financial services as a percentage of service exports from the balance of payment in Comoros amounted to 1.27 % and 0.519 % in Madagascar in 2018.

Mauritius has been ranked 47th 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, 31 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.

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