Latin America & Caribbean (developing only) - Insurance and financial services (% of service exports, BoP)

Insurance and financial services (% of service exports, BoP) in Latin America & Caribbean (developing only) was at 5.8565 % in 2015, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 latin america and caribbean 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.


Latin America & Caribbean (developing only) | Economy & Growth

GDP (current US$)
4887313721046 USD
GDP (constant 2000 US$)
5465190342804 USD
GNI (current US$)
4786700932617 USD
GNI (constant 2000 US$)
5344860365149 USD