Australia - Insurance and financial services (% of service exports, BoP)

Insurance and financial services (% of service exports, BoP) in Australia was at 6.5636 % in 2015, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 australia insurance and financial services percent of service exports bop wb data




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Insurance and financial services (% of service exports, 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. Service exports 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 IMF's Balance of Payments Manual (1993), but definitions may nevertheless vary among reporting economies.


Australia | Economy & Growth

GDP (current US$)
1339140527498 USD
GDP (current LCU)
1609513000000 LCU
GDP (constant 2005 US$)
1301024566004 USD
GDP (constant LCU)
1620073000000 LCU
GNI (current US$)
1311629919294 USD
GNI (current LCU)
1576448000000 LCU
GNI (constant 2005 US$)
1274357472488 USD
GNI (constant LCU)
1587532364094 LCU
Gross savings (current US$)
308227129422 USD
Gross savings (current LCU)
370458186852 LCU