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

Source: World Bank
Last Updated: Oct 1, 2021

Insurance and financial services as a percentage of service imports from the balance of payment reached 4.73 % in 2018 in Suriname, according to the National Central Bank / OECD. This is 54.7 % more 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 % in. 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 2.65 %, 6.98 % in Guyana and 13.2 % in Trinidad and Tobago in 2018.

Suriname has been ranked 98th 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, 47 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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