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

Insurance and financial services as a percentage of service imports from the balance of payment reached 16.6 % in 2017 in Colombia, according to the National Central Bank / OECD. This is 27 % more than in the previous year.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in Colombia reached an all time high of 17.9 % in 2002 and an all time low of 6.98 % in 1976. When compared to Colombia's main peers, insurance and financial services as a percentage of service imports from the balance of payment in Brazil amounted to 3.02 % and 12.5 % in Peru in 2017.

Colombia has been ranked 14th 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, 10 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.

$2.99

Buy Insurance and Financial Services (As % of Service Imports, BoP) data for Colombia.

from $199/month

Buy annual subscriptions for all our products.