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

Source: World Bank
Last Updated: January 1, 2021

Insurance and financial services as a percentage of service exports from the balance of payment reached 3.43 % in 2018 in Tunisia, according to the National Central Bank / OECD. This is 2.34 % more than in the previous year.

Historically, insurance and financial services as a percentage of service exports from the balance of payment in Tunisia reached an all time high of 3.92 % in 2017 and an all time low of 1.31 % in 1989. When compared to Tunisia's main peers, insurance and financial services as a percentage of service exports from the balance of payment in Italy amounted to 7.49 %, 41.5 % in Libya and 20.7 % in Malta in 2018.

Tunisia has been ranked 62nd 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, 23 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.

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