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

Source: World Bank
Last Updated: July 1, 2023

Insurance and financial services as a percentage of service imports from the balance of payment reached 6.79% in 2021 in Saudi Arabia, according to the National Central Bank / OECD. This is 56.4% more than in the previous year.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in Saudi Arabia reached an all time high of 14.4% in 2006 and an all time low of 0.881% in 1991.

Saudi Arabia has been ranked 74th 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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