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

Insurance and financial services as a percentage of service imports from the balance of payment reached 9.94 % in 2016 in Jordan, according to the National Central Bank / OECD. This is 1.16 % more than in the previous year.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in Jordan reached an all time high of 10.8 % in 2014 and an all time low of 0.549 % in 1983. When compared to Jordan's main peers, insurance and financial services as a percentage of service imports from the balance of payment in Iraq amounted to 15.4 %, 2.83 % in Israel and 3.53 % in Saudi Arabia in 2016.

Jordan has been ranked 42nd within the group of 160 countries we follow in terms of insurance and financial services as a percentage of service imports from the balance of payment, 16 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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