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

Source: World Bank
Last Updated: July 1, 2023

Insurance and financial services as a percentage of service imports from the balance of payment reached 5.60% in 2021 in India, according to the National Central Bank / OECD. This is 0.492% less than in the previous year.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in India reached an all time high of 12.9% in 2001 and an all time low of 3.21% in 2019.

India has been ranked 85th within the group of 139 countries we follow in terms of insurance and financial services as a percentage of service imports from the balance of payment.

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