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

Insurance and financial services as a percentage of service imports from the balance of payment reached 4.80 % in 2016 in Thailand, according to the National Central Bank / OECD. This is 20 % less than in the previous year.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in Thailand reached an all time high of 6.26 % in 2012 and an all time low of 4.80 % in 2016. When compared to Thailand's main peers, insurance and financial services as a percentage of service imports from the balance of payment in Cambodia amounted to 6.22 %, 1.16 % in Laos, 6.88 % in Malaysia and 1.86 % in Myanmar in 2016.

Thailand has been ranked 97th 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, 12 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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