Insurance and financial services as a percentage of service imports from the balance of payment fell 23.6% to 19.5% in Colombia in 2021, according to the National Central Bank / OECD.
Historically, insurance and financial services as a percentage of service imports from the balance of payment in Colombia reached an all time high of 25.5% in 2020 and an all time low of 6.98% in 1976.
Colombia has been ranked 8th within the group of 139 countries we follow in terms of insurance and financial services as a percentage of service imports from the balance of payment, 3 places above the position seen 10 years ago.
| Insurance and Financial Services (As % of Service Imports, BoP) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Bolivia | % | 6.93% | 4.95% | 5.32% | 5.96% | 6.13% | ||||||||||||||||
| Brazil | % | 3.31% | 3.49% | 2.92% | 2.65% | 3.23% | ||||||||||||||||
| Chile | % | 11.6% | 11.4% | 11.0% | 10.4% | 10.8% | ||||||||||||||||
| Colombia | % | 11.8% | 11.4% | 14.7% | 14.4% | 15.9% | ||||||||||||||||
| Guyana | % | 11.9% | 13.0% | 6.52% | 6.36% | 3.47% | ||||||||||||||||
| Peru | % | 9.49% | 10.4% | 9.75% | 9.43% | 9.49% | ||||||||||||||||
| Trinidad and Tobago | % | 11.6% | 10.3% | 9.74% | 13.2% | 15.3% | ||||||||||||||||
| Venezuela | % | 5.55% | 3.82% | ... | ... | ... | ... | ... |
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