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

Insurance and financial services as a percentage of service imports from the balance of payment reached 13.1 % in 2016 in Peru, according to the National Central Bank / OECD. This is 5.16 % more than in the previous year.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in Peru reached an all time high of 13.4 % in 2015 and an all time low of 4.04 % in 1979. When compared to Peru's main peers, insurance and financial services as a percentage of service imports from the balance of payment in Bolivia amounted to 4.95 %, 3.49 % in Brazil, 8.65 % in Chile and 13.1 % in Colombia in 2016.

Peru has been ranked 26th 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, 23 places above 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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