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

Insurance and financial services as a percentage of service imports from the balance of payment reached 1.89 % in 2015 in Mali, according to the National Central Bank / OECD. This is 7.45 % more than in the previous year.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in Mali reached an all time high of 6.83 % in 1981 and an all time low of 1.28 % in 1995. When compared to Mali's main peers, insurance and financial services as a percentage of service imports from the balance of payment in Algeria amounted to 2.42 %, 18.6 % in Burkina Faso, 1.35 % in Mauritania and 1.48 % in Niger in 2015.

Mali has been ranked 145th 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, 75 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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