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

Insurance and financial services (% of service imports, BoP) in Armenia was at 3.538 %, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 armenia 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.


Armenia | Economy & Growth

GDP (current US$)
10529182498 USD
GDP (current LCU)
5032089000000 LCU
GDP (constant 2005 US$)
11456794382 USD
GDP (constant LCU)
2131278518845 LCU
GNI (current US$)
10964557495 USD
GNI (current LCU)
5240162678308 LCU
GNI (constant 2005 US$)
11884967075 USD
GNI (constant LCU)
2210621277487 LCU
Gross savings (current LCU)
912583750580 LCU