Insurance and financial services as a percentage of service exports from the balance of payment rose 27.8% to 2.91% in Dominican Republic 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 Dominican Republic reached an all time high of 4.56% in 2022 and an all time low of 0.056% in 2003.
Dominican Republic has been ranked 55th 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, 42 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 |
| Belize | % | 0.671% | 0.752% | 0.888% | 0.814% | 1.27% | ||||||||||||||||
| Canada | % | 9.80% | 9.01% | 11.5% | 11.1% | 10.2% | ||||||||||||||||
| Cayman Islands | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 52.1% | 51.3% | 63.3% | 67.8% | 57.2% | ... | |||
| China | % | 3.54% | 3.56% | 3.42% | 2.82% | 2.45% | ||||||||||||||||
| Cuba | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Dominican Republic | % | 1.25% | 1.36% | 2.86% | 3.84% | 4.56% | ||||||||||||||||
| Guatemala | % | 3.59% | 4.63% | 7.22% | 7.05% | 4.88% | ||||||||||||||||
| Haiti | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 2.34% | 3.15% | 14.8% | 12.2% | 13.6% | ... | |||||
| Honduras | % | 0.112% | 0.128% | 0.194% | 0.121% | 0.460% | ||||||||||||||||
| Jamaica | % | 0.309% | 0.272% | 0.836% | 0.600% | 0.416% | ||||||||||||||||
| Japan | % | 7.05% | 7.92% | 10.9% | 9.23% | 8.26% | ||||||||||||||||
| Mexico | % | 9.49% | 8.36% | 13.2% | 10.3% | 8.75% | ||||||||||||||||
| USA | % | 18.0% | 18.1% | 23.5% | 24.2% | 20.2% |
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