Insurance and financial services as a percentage of service imports from the balance of payment fell 61.4% to 5.38% in Sri Lanka in 2023, according to the National Central Bank / OECD.
Historically, insurance and financial services as a percentage of service imports from the balance of payment in Sri Lanka reached an all time high of 21.5% in 2001 and an all time low of 5.29% in 1995.
Sri Lanka has been ranked 84th within the group of 149 countries we follow in terms of insurance and financial services as a percentage of service imports from the balance of payment, 57 places below the position seen 10 years ago.
| Insurance and Financial Services (As % of Service Imports, BoP) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Bangladesh | % | 16.5% | 11.6% | 7.61% | 6.95% | 6.49% | ||||||||||||||||
| Cambodia | % | 6.28% | 5.26% | 8.76% | 10.7% | 9.23% | ||||||||||||||||
| China | % | 2.59% | 2.66% | 4.30% | 5.39% | 4.95% | ||||||||||||||||
| India | % | 4.51% | 3.21% | 5.63% | 5.60% | 4.65% | ||||||||||||||||
| Indonesia | % | 4.90% | 4.47% | 8.97% | 8.93% | 9.93% | ||||||||||||||||
| Laos | % | 2.90% | 3.55% | 3.65% | 7.40% | 3.48% | ... | |||||||||||||||
| Malaysia | % | 6.93% | 6.90% | 8.51% | 8.40% | 7.37% | ||||||||||||||||
| Maldives | % | 5.19% | 5.33% | 10.2% | 8.21% | 5.96% | ||||||||||||||||
| Myanmar | % | ... | ... | ... | ... | ... | ... | ... | ... | 1.62% | 1.64% | ... | ... | ... | ... | ... | ||||||
| Pakistan | % | 5.05% | 6.58% | 9.15% | 6.68% | 7.10% | ||||||||||||||||
| Singapore | % | 5.77% | 6.21% | 7.90% | 6.85% | 6.70% | ||||||||||||||||
| Sri Lanka | % | 11.8% | 12.4% | 13.6% | 15.6% | 13.9% | ... | |||||||||||||||
| Thailand | % | 6.07% | 6.27% | 7.46% | 6.08% | 6.17% | ||||||||||||||||
| Vietnam | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
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