Insurance and Financial Services (As % of Service Exports, BoP) fell 87.0% to 0.739% in Kosovo in 2021

Insurance and Financial Services (As % of Service Exports, BoP) (%), 2021
Insurance | Kosovo | March 1, 2023
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Insurance and financial services as a percentage of service exports from the balance of payment fell 87.0% to 0.739% in Kosovo 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 Kosovo reached an all time high of 5.68% in 2020 and an all time low of 0.739% in 2021. When compared to Kosovo's main peers, insurance and financial services as a percentage of service exports from the balance of payment in Albania amounted to 0.377%, 0.207% in Macedonia, 0.944% in Montenegro and 1.19% in Serbia in 2021.

Kosovo has been ranked 115th 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, 20 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
Albania % 0.253% 0.363% 0.271% 0.439% 0.500%
Bosnia and Herzegovina % 0.360% 0.315% 0.322% 0.398% 0.438%
Bulgaria % 9.12% 8.83% 6.55% 6.74% 6.89%
Croatia % 0.895% 0.878% 1.08% 1.12% 1.17%
Greece % 1.40% 1.46% 1.73% 1.39% 1.40%
Hungary % 1.48% 1.46% 1.69% 1.74% 1.55%
Kosovo % ... ... ... 1.96% 1.73% 1.50% 1.93% 2.07%
Macedonia % 0.171% 0.188% 0.237% 0.258% 0.306%
Montenegro % ... ... ... ... ... ... 0.314% 0.359% 0.501% 0.438% 0.740%
Romania % 1.83% 1.71% 1.47% 1.56% 1.55%
Serbia % ... ... ... ... ... ... 1.77% 1.00% 1.09% 0.759% 1.05%