Insurance and financial services as a percentage of service exports from the balance of payment reached 18.8% in 2021 in Singapore, according to the National Central Bank / OECD. This is 2.48% less than in the previous year.
Historically, insurance and financial services as a percentage of service exports from the balance of payment in Singapore reached an all time high of 19.2% in 2020 and an all time low of 0.407% in 1972.
Singapore has been ranked 13th 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.
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