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

Source: World Bank
Last Updated: Apr 1, 2021

Insurance and financial services as a percentage of service exports from the balance of payment reached 1.98 % in 2014 in Uzbekistan, according to the National Central Bank / OECD. This is 2.21 % less than in the previous year.

Historically, insurance and financial services as a percentage of service exports from the balance of payment in Uzbekistan reached an all time high of 2.02 % in 2015 and an all time low of 1.20 % in 2019. When compared to Uzbekistan's main peers, insurance and financial services as a percentage of service exports from the balance of payment in Kazakhstan amounted to 1.26 %, 0.360 % in Kyrgyzstan and 0.609 % in Tajikistan in 2014.

Uzbekistan has been ranked 88th within the group of 156 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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