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

Insurance and financial services as a percentage of service imports from the balance of payment reached 4.59 % in 2017 in Suriname, according to the National Central Bank / OECD. This is 29.4 % less than in the previous year.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in Suriname reached an all time high of 6.50 % in 2016 and an all time low of 1.46 % in 2005. When compared to Suriname's main peers, insurance and financial services as a percentage of service imports from the balance of payment in Brazil amounted to 3.02 % and 12.6 % in Trinidad and Tobago in 2017.

Suriname has been ranked 93rd within the group of 155 countries we follow in terms of insurance and financial services as a percentage of service imports from the balance of payment, 54 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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