Insurance and financial services as a percentage of service exports from the balance of payment reached 11.0 % in 2018 in Norway, according to the National Central Bank / OECD. This is 3.67 % more than in the previous year.
Historically, insurance and financial services as a percentage of service exports from the balance of payment in Norway reached an all time high of 11.0 % in 2018 and an all time low of % in. When compared to Norway's main peers, insurance and financial services as a percentage of service exports from the balance of payment in Denmark amounted to 1.29 %, 1.56 % in Finland, 2.77 % in Iceland and 5.82 % in Sweden in 2018.
Norway has been ranked 28th within the group of 155 countries we follow in terms of insurance and financial services as a percentage of service exports from the balance of payment, 10 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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