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

Insurance and financial services as a percentage of service exports from the balance of payment reached 15.0% in 2021 in Saudi Arabia, according to the National Central Bank / OECD. This is 61.5% more than in the previous year.

Historically, insurance and financial services as a percentage of service exports from the balance of payment in Saudi Arabia reached an all time high of 15.0% in 2021 and an all time low of 1.81% in 2018.

Saudi Arabia has been ranked 18th within the group of 134 countries we follow in terms of insurance and financial services as a percentage of service exports from the balance of payment.