Insurance and financial services as a percentage of service exports from the balance of payment reached 1.08% in 2024 in Philippines, according to the National Central Bank / OECD. This is 33.9% more than in the previous year.
Historically, insurance and financial services as a percentage of service exports from the balance of payment in Philippines reached an all time high of 1.83% in 2015 and an all time low of 0.148% in 1994.
Philippines has been ranked 81st 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.
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