Insurance and financial services as a percentage of service imports from the balance of payment fell 4.81% to 8.53% in Angola 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 Angola reached an all time high of 9.19% in 2008 and an all time low of 1.37% in 2012. When compared to Angola's main peers, insurance and financial services as a percentage of service imports from the balance of payment in Botswana amounted to 2.32%, 3.00% in Namibia, 2.37% in Zambia and 19.2% in Dem. Republic of the Congo in 2021.
Angola has been ranked 56th 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, 85 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 |
Angola | % | 3.30% | 5.04% | 5.55% | 7.70% | 6.05% | ||||||||||||||||
Botswana | % | 2.44% | 1.46% | 2.12% | 6.52% | 7.83% | ||||||||||||||||
Central African Republic | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Congo | % | 3.51% | 7.38% | ... | ... | 5.28% | ... | |||||||||||||||
Dem. Republic of the Congo | % | ... | ... | ... | ... | 20.1% | 16.6% | 23.1% | 21.4% | 22.9% | ||||||||||||
Namibia | % | 3.94% | 2.50% | 4.13% | 5.45% | 5.57% | ||||||||||||||||
South Africa | % | 4.12% | 3.98% | 3.71% | 4.07% | 3.69% | ||||||||||||||||
Tanzania | % | 2.11% | 1.35% | 2.50% | 4.13% | 4.53% | ... | |||||||||||||||
Zambia | % | 10.7% | 10.4% | 10.9% | 8.57% | 9.11% | ||||||||||||||||
Zimbabwe | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 8.92% | 9.68% | 12.4% | ... |