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

Source: World Bank
Last Updated: January 1, 2021

Insurance and financial services as a percentage of service exports from the balance of payment reached 2.18 % in 2018 in Slovenia, according to the National Central Bank / OECD. This is 4.60 % less than in the previous year.

Historically, insurance and financial services as a percentage of service exports from the balance of payment in Slovenia reached an all time high of 3.80 % in 2010 and an all time low of 0.413 % in 1993. When compared to Slovenia's main peers, insurance and financial services as a percentage of service exports from the balance of payment in Austria amounted to 4.59 %, 1.13 % in Croatia, 1.74 % in Hungary and 7.49 % in Italy in 2018.

Slovenia has been ranked 81st 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, 20 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.

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