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

Source: World Bank
Last Updated: Oct 1, 2021

Insurance and financial services as a percentage of service imports from the balance of payment reached 1.03 % in 2013 in Rwanda, according to the National Central Bank / OECD. This is 12.4 % more than in the previous year.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in Rwanda reached an all time high of 4.13 % in 2006 and an all time low of % in. When compared to Rwanda's main peers, insurance and financial services as a percentage of service imports from the balance of payment in Burundi amounted to 1.90 %, 2.36 % in Tanzania, 3.35 % in Uganda and 18.4 % in Dem. Republic of the Congo in 2013.

Rwanda has been ranked 155th 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.

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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