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

Source: World Bank
Last Updated: Oct 1, 2021

Insurance and financial services as a percentage of service exports from the balance of payment reached 11.4 % in 2017 in South Sudan, according to the National Central Bank / OECD. This is 693 % more than in the previous year.

Historically, insurance and financial services as a percentage of service exports from the balance of payment in South Sudan reached an all time high of 52.9 % in 2016 and an all time low of % in. When compared to South Sudan's main peers, insurance and financial services as a percentage of service exports from the balance of payment in Ethiopia amounted to 0.189 %, 0.437 % in Sudan and 2.14 % in Uganda in 2017.

South Sudan has been ranked 24th 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.

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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