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

Insurance and financial services as a percentage of service imports from the balance of payment reached 2.13 % in 2017 in Israel, according to the National Central Bank / OECD. This is 24.7 % less than in the previous year.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in Israel reached an all time high of 25.2 % in 1970 and an all time low of -0.090 % in 1981. When compared to Israel's main peers, insurance and financial services as a percentage of service imports from the balance of payment in Egypt amounted to 10.0 %, 9.83 % in Jordan and 20.1 % in Lebanon in 2017.

Israel has been ranked 141st 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, 6 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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