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

Source: World Bank
Last Updated: January 1, 2021

Insurance and financial services as a percentage of service imports from the balance of payment reached 2.97 % in 2014 in Uzbekistan, according to the National Central Bank / OECD. This is 23.0 % more than in the previous year.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in Uzbekistan reached an all time high of 4.08 % in 2017 and an all time low of 2.41 % in 2015. When compared to Uzbekistan's main peers, insurance and financial services as a percentage of service imports from the balance of payment in Kazakhstan amounted to 1.34 %, 2.03 % in Kyrgyzstan and 1.92 % in Tajikistan in 2014.

Uzbekistan has been ranked 128th within the group of 161 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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