Institutional Sign In

Go

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

Source: World Bank
Last Updated: Oct 1, 2021

Insurance and financial services as a percentage of service exports from the balance of payment reached 0.876 % in 2020 in Nepal, according to the National Central Bank / OECD. This is 64.1 % less than in the previous year.

Historically, insurance and financial services as a percentage of service exports from the balance of payment in Nepal reached an all time high of 2.44 % in 2018 and an all time low of % in. When compared to Nepal's main peers, insurance and financial services as a percentage of service exports from the balance of payment in Bangladesh amounted to 1.62 %, 6.21 % in Bhutan, 4.10 % in China and 3.18 % in India in 2020.

Nepal has been ranked 79th 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, 70 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 Nepal.

from $199/month

Buy annual subscriptions for all our products.