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

Source: World Bank
Last Updated: Apr 1, 2021

Insurance and financial services as a percentage of service imports from the balance of payment reached 7.00 % in 2018 in Cameroon, according to the National Central Bank / OECD. This is 2.34 % less than in the previous year.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in Cameroon reached an all time high of 8.37 % in 1998 and an all time low of 2.14 % in 2002.

Cameroon has been ranked 66th within the group of 158 countries we follow in terms of insurance and financial services as a percentage of service imports from the balance of payment, 8 places above 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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