Insurance and financial services as a percentage of service exports from the balance of payment fell 23.1% to 1.58% in Thailand in 2024, according to the National Central Bank / OECD.
Historically, insurance and financial services as a percentage of service exports from the balance of payment in Thailand reached an all time high of 3.64% in 2021 and an all time low of 0.130% in 1988.
Thailand has been ranked 73rd within the group of 97 countries we follow in terms of insurance and financial services as a percentage of service exports from the balance of payment, 37 places above 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 |
| Cambodia | % | 0.331% | 0.538% | 3.20% | 6.36% | 2.20% | ||||||||||||||||
| China | % | 3.54% | 3.56% | 3.42% | 2.82% | 2.45% | ||||||||||||||||
| India | % | 3.91% | 3.42% | 3.18% | 3.40% | 3.46% | ||||||||||||||||
| Laos | % | 0.502% | 2.40% | 2.45% | 8.65% | 2.85% | ... | |||||||||||||||
| Malaysia | % | 2.28% | 2.43% | 4.73% | 5.04% | 3.70% | ||||||||||||||||
| Myanmar | % | ... | ... | ... | ... | ... | ... | ... | ... | 0.156% | 0.163% | ... | ... | ... | ... | ... | ||||||
| Singapore | % | 18.2% | 17.8% | 19.4% | 16.3% | 14.4% | ||||||||||||||||
| Thailand | % | 1.17% | 1.11% | 2.87% | 3.64% | 2.60% | ||||||||||||||||
| Vietnam | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
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