Insurance and financial services as a percentage of service exports from the balance of payment fell 22.7% to 10.5% in Haiti in 2023, according to the National Central Bank / OECD.
Historically, insurance and financial services as a percentage of service exports from the balance of payment in Haiti reached an all time high of 14.8% in 2020 and an all time low of 0.390% in 1992.
Haiti has been ranked 25th within the group of 142 countries we follow in terms of insurance and financial services as a percentage of service exports from the balance of payment, 25 places below the position seen 10 years ago.
Insurance and Financial Services (As % of Service Exports, BoP) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Cayman Islands | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 52.1% | 51.3% | 63.3% | 67.8% | 57.2% | ... | |||
Cuba | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Dominican Republic | % | 1.25% | 1.36% | 2.86% | 3.84% | 4.56% | ||||||||||||||||
Haiti | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 2.34% | 3.15% | 14.8% | 12.2% | 13.6% | ... | |||||
Jamaica | % | 0.309% | 0.272% | 0.836% | 0.600% | 0.416% | ||||||||||||||||
Mexico | % | 9.49% | 8.36% | 13.2% | 10.3% | 8.75% | ||||||||||||||||
Puerto Rico | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
USA | % | 18.0% | 18.1% | 23.5% | 24.2% | 20.2% |