Institutional Sign In

Go

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

Source: World Bank
Last Updated: Apr 1, 2021

Insurance and financial services as a percentage of service imports from the balance of payment reached 10.6 % in 2018 in Turkey, according to the National Central Bank / OECD. This is 23.1 % less than in the previous year.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in Turkey reached an all time high of 16.5 % in 2001 and an all time low of 1.70 % in 1983. When compared to Turkey's main peers, insurance and financial services as a percentage of service imports from the balance of payment in Bulgaria amounted to 8.90 %, 7.95 % in Greece and 17.1 % in Iraq in 2018.

Turkey has been ranked 35th 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, 17 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.

$2.99

Buy Insurance and Financial Services (As % of Service Imports, BoP) data for Turkey.

from $199/month

Buy annual subscriptions for all our products.