Insurance and Financial Services (As % of Service Imports, BoP) in Brazil

Insurance and financial services as a percentage of service imports from the balance of payment reached 3.02 % in 2017 in Brazil, according to the National Central Bank / OECD. This is 13.6 % less than in the previous year.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in Brazil reached an all time high of 9.23 % in 1995 and an all time low of 0.327 % in 1997. When compared to Brazil's main peers, insurance and financial services as a percentage of service imports from the balance of payment in Bolivia amounted to 5.59 % and 12.5 % in Peru in 2017.

Brazil has been ranked 121st within the group of 155 countries we follow in terms of insurance and financial services as a percentage of service imports from the balance of payment, 42 places behind the position seen 10 years ago.

Insurance and financial services (% of service imports, BoP) cover various types of insurance provided to residents by non-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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