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Insurance and Financial Services (As % of Service Imports, BoP) rose 8.91% to 32.2% in Macao in 2021

Insurance and Financial Services (As % of Service Imports, BoP) (%), 2021
Insurance | Macao | April 1, 2023
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Excel Sheet

Insurance and financial services as a percentage of service imports from the balance of payment rose 8.91% to 32.2% in Macao 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 Macao reached an all time high of 32.2% in 2021 and an all time low of 11.1% in 2009.

Macao has been ranked 2nd 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, 16 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
China % 2.63% 3.38% 2.77% 2.59% 2.66%
Hong Kong % 8.45% 8.24% 8.84% 9.44% 9.86%
India % 5.15% 6.59% 6.92% 4.51% 3.21%
Indonesia % 5.46% 5.44% 5.30% 4.90% 4.47%
Japan % 6.04% 6.41% 7.27% 7.47% 7.64%
Macao % ... 14.9% 17.5% 16.7% 15.3% 18.0%
Malaysia % 6.96% 6.88% 6.68% 6.93% 6.90%
Philippines % 5.71% 7.88% 7.68% 7.58% 8.56%
Russia % 3.82% 4.03% 3.88% 3.00% 3.46%
Singapore % 4.76% 5.66% 5.29% 5.73% 6.15%
Taiwan % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Thailand % 5.32% 4.80% 6.00% 6.07% 6.27%
USA % 16.7% 16.7% 16.6% 15.1% 16.1%
Vietnam % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...