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

Insurance and financial services (% of service imports, BoP) in Luxembourg was 50.99 as of 2021. Its highest value over the past 22 years was 71.80 in 2007, while its lowest value was 46.97 in 2020.

Definition: Insurance and financial services 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.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1999 58.50
2000 59.14
2001 55.90
2002 67.04
2003 63.36
2004 63.51
2005 67.41
2006 70.07
2007 71.80
2008 66.88
2009 63.32
2010 62.40
2011 60.06
2012 55.24
2013 54.69
2014 55.09
2015 57.11
2016 54.61
2017 53.82
2018 51.65
2019 48.11
2020 46.97
2021 50.99

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments