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

Insurance and financial services as a percentage of service exports from the balance of payment reached 0.318 % in 1994 in Zimbabwe, according to the National Central Bank / OECD. This is 58.2 % less than in the previous year.

Historically, insurance and financial services as a percentage of service exports from the balance of payment in Zimbabwe reached an all time high of 3.13 % in 1979 and an all time low of 0.306 % in 1985. When compared to Zimbabwe's main peers, insurance and financial services as a percentage of service exports from the balance of payment in Botswana amounted to 4.80 % and 7.53 % in South Africa in 1994.

Zimbabwe has been ranked 88th within the group of 106 countries we follow in terms of insurance and financial services as a percentage of service exports from the balance of payment, 35 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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