Institutional Sign In

Go

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

Source: World Bank
Last Updated: Oct 1, 2021

Insurance and financial services as a percentage of service exports from the balance of payment reached 1.45 % in 2019 in Tanzania, according to the National Central Bank / OECD. This is 15.6 % more than in the previous year.

Historically, insurance and financial services as a percentage of service exports from the balance of payment in Tanzania reached an all time high of 3.93 % in 1998 and an all time low of % in. When compared to Tanzania's main peers, insurance and financial services as a percentage of service exports from the balance of payment in Kenya amounted to 11.4 %, 3.16 % in Mozambique, 1.74 % in Uganda and 8.93 % in Zambia in 2019.

Tanzania has been ranked 96th within the group of 146 countries we follow in terms of insurance and financial services as a percentage of service exports from the balance of payment, 18 places above 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 Tanzania.

from $199/month

Buy annual subscriptions for all our products.