Insurance and financial services as a percentage of service exports from the balance of payment rose 3.00% to 13.1% in East Timor in 2021, according to the National Central Bank / OECD.
Historically, insurance and financial services as a percentage of service exports from the balance of payment in East Timor reached an all time high of 13.1% in 2021 and an all time low of -0.444% in 2020.
East Timor has been ranked 22nd within the group of 134 countries we follow in terms of insurance and financial services as a percentage of service exports from the balance of payment, 22 places below the position seen 10 years ago.
| Insurance and Financial Services (As % of Service Exports, BoP) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Australia | % | 6.31% | 5.32% | 5.65% | 5.81% | 5.86% | ||||||||||||||||
| Cambodia | % | ... | ... | 0.860% | 0.225% | 0.190% | 0.331% | 0.538% | ||||||||||||||
| East Timor | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.047% | < 0.001% | 0.090% | 0.695% | 0.632% | |||||
| Indonesia | % | ... | 1.36% | 1.78% | 2.85% | 2.63% | 1.98% | |||||||||||||||
| Malaysia | % | 2.03% | 2.28% | 2.23% | 2.28% | 2.43% | ||||||||||||||||
| New Zealand | % | 3.13% | 4.05% | 0.807% | 3.48% | 0.229% | ||||||||||||||||
| Papua New Guinea | % | 4.71% | 4.59% | 4.59% | 30.0% | ... | ... | ... | ||||||||||||||
| Philippines | % | 1.83% | 1.51% | 0.926% | 0.952% | 0.784% | ||||||||||||||||
| Singapore | % | 16.2% | 17.3% | 17.6% | 17.4% | 17.3% | ||||||||||||||||
| Thailand | % | 1.10% | 1.24% | 1.17% | 1.17% | 1.11% | ||||||||||||||||
| Vietnam | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
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