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

Source: World Bank
Last Updated: Apr 1, 2021

Insurance and financial services as a percentage of service imports from the balance of payment reached 9.30 % in 2014 in Comoros, according to the National Central Bank / OECD. This is 14.1 % more than in the previous year.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in Comoros reached an all time high of 12.1 % in 2012 and an all time low of 2.03 % in 1986. When compared to Comoros's main peers, insurance and financial services as a percentage of service imports from the balance of payment in Kenya amounted to 8.53 %, 0.454 % in Madagascar, 3.37 % in Mozambique and 1.98 % in Tanzania in 2014.

Comoros has been ranked 44th within the group of 161 countries we follow in terms of insurance and financial services as a percentage of service imports from the balance of payment, 11 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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