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

Insurance and financial services (% of service imports, BoP) in Nigeria was at 7.4007 %, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 nigeria 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.


Nigeria | Economy & Growth

GDP (current US$)
486792837971 USD
GDP (current LCU)
95177735680000 LCU
GDP (constant 2000 US$)
461848518896 USD
GDP (constant LCU)
69780692720000 LCU
GNI (current US$)
471020834390 USD
GNI (current LCU)
92093993540000 LCU
GNI (constant 2000 US$)
449332509382 USD
GNI (constant LCU)
67889648842504 LCU
Gross savings (current US$)
79575477564 USD
Gross savings (current LCU)
15558597373259 LCU