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

Insurance and financial services as a percentage of service imports from the balance of payment reached 2.37 % in 2016 in Serbia, according to the National Central Bank / OECD. This is 8.779999999999999 % less than in the previous year.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in Serbia reached an all time high of 4.70 % in 2009 and an all time low of 2.37 % in 2016. When compared to Serbia's main peers, insurance and financial services as a percentage of service imports from the balance of payment in Bosnia and Herzegovina amounted to 14.8 %, 11.9 % in Croatia, 3.63 % in Hungary and 4.72 % in Romania in 2016.

Serbia has been ranked 136th 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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