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

Source: World Bank
Last Updated: January 1, 2021

Insurance and financial services as a percentage of service exports from the balance of payment reached 0.015 % in 2018 in Palestine, according to the National Central Bank / OECD. This is 1,889 % more than in the previous year.

Historically, insurance and financial services as a percentage of service exports from the balance of payment in Palestine reached an all time high of 0.993 % in 2010 and an all time low of < 0.001 % in 2019. When compared to Palestine's main peers, insurance and financial services as a percentage of service exports from the balance of payment in Egypt amounted to 1.47 %, 0.074 % in Israel, 1.98 % in Jordan and 12.6 % in Lebanon in 2018.

Palestine has been ranked 153rd 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, 3 places behind 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 Palestine.

from $199/month

Buy annual subscriptions for all our products.