Insurance and Financial Services (As % of Service Imports, BoP) in Central African Republic

Insurance and financial services as a percentage of service imports from the balance of payment reached 7.91 % in 1994 in Central African Republic, according to the National Central Bank / OECD. This is 0.175 % less than in the previous year.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in Central African Republic reached an all time high of 8.89 % in 1991 and an all time low of 4.72 % in 1980. When compared to Central African Republic's main peers, insurance and financial services as a percentage of service imports from the balance of payment in Cameroon amounted to 6.52 %, 1.33 % in Chad and 2.91 % in Sudan in 1994.

Central African Republic has been ranked 27th within the group of 128 countries we follow in terms of insurance and financial services as a percentage of service imports from the balance of payment, 4 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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