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

Insurance and financial services as a percentage of service imports from the balance of payment reached 3.82 % in 2010 in Syria, according to the National Central Bank / OECD. This is 21.9 % less than in the previous year.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in Syria reached an all time high of 14.7 % in 2006 and an all time low of 1.83 % in 2003. When compared to Syria's main peers, insurance and financial services as a percentage of service imports from the balance of payment in Iraq amounted to 28.1 %, 7.03 % in Jordan, 10.6 % in Lebanon and 10.1 % in Turkey in 2010.

Syria has been ranked 119th within the group of 158 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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