Insurance and financial services as a percentage of service exports from the balance of payment fell 19.8% to 12.0% in Macao 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 Macao reached an all time high of 15.0% in 2020 and an all time low of 1.28% in 2011.
Macao has been ranked 27th 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, 84 places above 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 |
| China | % | 3.36% | 3.47% | 3.52% | 3.54% | 3.56% | ||||||||||||||||
| Hong Kong | % | 19.6% | 19.6% | 20.7% | 20.9% | 22.6% | ||||||||||||||||
| India | % | 4.69% | 4.45% | 3.75% | 3.91% | 3.42% | ||||||||||||||||
| Indonesia | % | ... | 1.36% | 1.78% | 2.85% | 2.63% | 1.98% | |||||||||||||||
| Japan | % | 7.30% | 7.94% | 6.81% | 7.05% | 7.92% | ||||||||||||||||
| Macao | % | ... | 3.79% | 4.14% | 3.67% | 3.55% | 4.37% | |||||||||||||||
| Malaysia | % | 2.03% | 2.28% | 2.23% | 2.28% | 2.43% | ||||||||||||||||
| Philippines | % | 1.83% | 1.51% | 0.926% | 0.952% | 0.784% | ||||||||||||||||
| Russia | % | 3.52% | 3.07% | 2.46% | 2.84% | 2.38% | ||||||||||||||||
| Singapore | % | 16.2% | 17.3% | 17.6% | 17.4% | 17.3% | ||||||||||||||||
| Taiwan | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Thailand | % | 1.10% | 1.24% | 1.17% | 1.17% | 1.11% | ||||||||||||||||
| USA | % | 17.1% | 17.1% | 18.0% | 18.0% | 18.1% | ||||||||||||||||
| Vietnam | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
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