Albania - Insurance and financial services (% of service imports, BoP)

Insurance and financial services (% of service imports, BoP) in Albania was at 3.1513 %, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 albania insurance and financial services percent of service imports bop wb data




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Insurance and financial services (% of service imports, BoP) cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents. Services imports refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. International transactions in services are defined by the International Monetary Fund's (IMF) Balance of Payments Manual (1993), but definitions may nevertheless vary among reporting economies.


Albania | Economy & Growth

GDP (current US$)
11398392444 USD
GDP (current LCU)
1435750631000 LCU
GDP (constant 2005 US$)
13125739816 USD
GDP (constant LCU)
767726032800 LCU
GNI (current US$)
11233126204 USD
GNI (current LCU)
1414933563200 LCU
GNI (constant 2005 US$)
12940914104 USD
GNI (constant LCU)
757261460836 LCU
Gross savings (current LCU)
225862888194 LCU