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Insurance and Financial Services (As % of Service Imports, BoP) in Papua New Guinea

Source: World Bank
Last Updated: Dec 1, 2021

Insurance and financial services as a percentage of service imports from the balance of payment reached 5.67% in 2018 in Papua New Guinea, according to the National Central Bank / OECD. This is 13.1% less than in the previous year.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in Papua New Guinea reached an all time high of 17.6% in 2008 and an all time low of 1.83% in 1993.

Papua New Guinea has been ranked 83rd within the group of 158 countries we follow in terms of interest rate on insurance and financial services as a percentage of service imports from the balance of payment.

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