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

Source: World Bank
Last Updated: Dec 1, 2021

Insurance and financial services as a percentage of service imports from the balance of payment reached 2.42% in 2020 in Iceland, according to the National Central Bank / OECD. This is 40.5% more than in the previous year.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in Iceland reached an all time high of 100% in 1998 and an all time low of 1.72% in 2019.

Iceland has been ranked 87th 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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