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

Insurance and financial services as a percentage of service imports from the balance of payment reached 5.53 % in 2017 in Switzerland, according to the National Central Bank / OECD. This is 0.9320000000000001 % more than in the previous year.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in Switzerland reached an all time high of 11.2 % in 2008 and an all time low of 1.10 % in 1995. When compared to Switzerland's main peers, insurance and financial services as a percentage of service imports from the balance of payment in Austria amounted to 5.63 %, 6.95 % in France, 5.48 % in Germany and 12.0 % in Italy in 2017.

Switzerland has been ranked 85th 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, 62 places behind 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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