Institutional Sign In

Go

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

Source: World Bank
Last Updated: Oct 1, 2021

Insurance and financial services as a percentage of service imports from the balance of payment reached 14.4 % in 2018 in Panama, according to the National Central Bank / OECD. This is 22.2 % more 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 21.0 % in 2002 and an all time low of % in. When compared to Panama's main peers, insurance and financial services as a percentage of service imports from the balance of payment in Colombia amounted to 14.3 %, 12.8 % in Costa Rica, 7.02 % in Honduras and 11.0 % in Nicaragua in 2018.

Panama has been ranked 19th 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, 10 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 Panama.

from $199/month

Buy annual subscriptions for all our products.