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

Source: World Bank
Last Updated: July 1, 2023

Insurance and financial services as a percentage of service imports from the balance of payment reached 16.0% in 2021 in Panama, according to the National Central Bank / OECD. This is 28.9% less than in the previous year.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in Panama reached an all time high of 22.5% in 2020 and an all time low of 5.42% in 1992.

Panama has been ranked 15th within the group of 139 countries we follow in terms of insurance and financial services as a percentage of service imports from the balance of payment.

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