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

Insurance and financial services as a percentage of service imports from the balance of payment reached 3.71 % in 2016 in Nepal, according to the National Central Bank / OECD. This is 10.5 % more than in the previous year.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in Nepal reached an all time high of 6.87 % in 2002 and an all time low of 2.27 % in 1984. When compared to Nepal's main peers, insurance and financial services as a percentage of service imports from the balance of payment in Bangladesh amounted to 11.5 %, 2.74 % in Bhutan, 3.38 % in China and 6.59 % in India in 2016.

Nepal has been ranked 114th 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, 35 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.

$2.99

Buy Insurance and Financial Services (As % of Service Imports, BoP) data for Nepal.

from $199/month

Buy annual subscriptions for all our products.