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

Insurance and financial services (% of service exports, BoP) in India was at 4.6899 % in 2015, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 india 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.


India | Economy & Growth

GDP (current US$)
2088841351184 USD
GDP (current LCU)
136753310000000 LCU
GDP (constant 2000 US$)
2296627145883 USD
GDP (constant LCU)
113575290000000 LCU
GNI (current US$)
2064435720996 USD
GNI (current LCU)
135155510000000 LCU
GNI (constant 2000 US$)
2270144213684 USD
GNI (constant LCU)
112262920384791 LCU
Gross savings (current US$)
675464409704 USD
Gross savings (current LCU)
44221641706737 LCU
Total Reserves
360297 %