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

Source: World Bank
Last Updated: Dec 1, 2021

Insurance and financial services as a percentage of service imports from the balance of payment reached 10.6% in 2020 in the European Union, according to the National Central Bank / OECD. This is 27.4% more than in the previous year.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in the European Union reached an all time high of 10.6% in 2020 and an all time low of 3.86% in 1976.

European Union has been ranked within the group of 94 countries we follow in terms of interest rate on insurance and financial services as a percentage of service imports from the balance of payment.

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