Insurance and financial services as a percentage of service exports from the balance of payment rose 45.3% to 16.7% in Ghana 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 Ghana reached an all time high of 16.7% in 2021 and an all time low of 0.417% in 2019.
Ghana has been ranked 14th 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, 88 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 |
| Benin | % | 4.80% | 3.74% | 3.91% | 24.8% | 11.4% | ... | |||||||||||||||
| Burkina Faso | % | ... | ... | ... | ... | 18.4% | 17.6% | 17.7% | 17.7% | 17.7% | ... | |||||||||||
| Ghana | % | 0.444% | 1.05% | 0.553% | 0.521% | 0.417% | ||||||||||||||||
| Guinea | % | 4.36% | 31.2% | 13.8% | 16.8% | 5.47% | ||||||||||||||||
| Ivory Coast | % | ... | ... | ... | ... | 1.11% | 0.056% | 1.19% | 2.13% | 0.613% | ... | |||||||||||
| Liberia | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 2.44% | 27.4% | 16.4% | 96.3% | 78.8% | ... | ... | |||||
| Mali | % | 2.05% | 3.23% | 0.992% | 0.882% | 2.57% | ... | |||||||||||||||
| Niger | % | 2.13% | 1.91% | 1.04% | 1.78% | 1.71% | ... | |||||||||||||||
| Nigeria | % | 9.39% | 8.75% | 7.18% | 15.9% | 16.3% | ||||||||||||||||
| Togo | % | 0.840% | 1.97% | 2.36% | 3.62% | 4.68% | ... |
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