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

Insurance and financial services as a percentage of service imports from the balance of payment reached 6.76 % in 2017 in Japan, according to the National Central Bank / OECD. This is 5.34 % more than in the previous year.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in Japan reached an all time high of 6.76 % in 2017 and an all time low of 1.35 % in 1991. When compared to Japan's main peers, insurance and financial services as a percentage of service imports from the balance of payment in China amounted to 2.77 %, 3.88 % in Russia, 2.50 % in South Korea and 14.7 % in USA in 2017.

Japan has been ranked 69th 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, 27 places above 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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