Insurance and financial services as a percentage of service exports from the balance of payment fell 63.4% to 8.68% in Macao 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 Macao reached an all time high of 23.7% in 2022 and an all time low of 1.28% in 2011.
Macao has been ranked 36th 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, 51 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 |
| China | % | 3.54% | 3.56% | 3.42% | 2.82% | 2.45% | ||||||||||||||||
| Hong Kong | % | 20.9% | 22.6% | 34.2% | 31.7% | 32.7% | ||||||||||||||||
| India | % | 3.91% | 3.42% | 3.18% | 3.40% | 3.46% | ||||||||||||||||
| Indonesia | % | 2.63% | 1.98% | 5.38% | 7.80% | 4.85% | ||||||||||||||||
| Japan | % | 7.05% | 7.92% | 10.9% | 9.23% | 8.26% | ||||||||||||||||
| Macao | % | 3.55% | 4.37% | 15.2% | 12.4% | 23.7% | ... | |||||||||||||||
| Malaysia | % | 2.28% | 2.43% | 4.73% | 5.04% | 3.70% | ||||||||||||||||
| Philippines | % | 0.952% | 0.784% | 0.520% | 0.877% | 0.835% | ||||||||||||||||
| Russia | % | 2.84% | 2.38% | 3.31% | 3.58% | 3.40% | ||||||||||||||||
| Singapore | % | 18.2% | 17.8% | 19.4% | 16.3% | 14.4% | ||||||||||||||||
| Taiwan | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Thailand | % | 1.17% | 1.11% | 2.87% | 3.64% | 2.60% | ||||||||||||||||
| USA | % | 18.0% | 18.1% | 23.5% | 24.2% | 20.2% | ||||||||||||||||
| Vietnam | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Helgi Library 
