Insurance and Financial Services (As % of Service Exports, BoP) in Azerbaijan

Created with Highcharts 6.0.4%19951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202100.250.50.7511.251.51.75
Source: World Bank, World Bank
Last Updated: July 1, 2023

Insurance and financial services as a percentage of service exports from the balance of payment reached 0.777% in 2021 in Azerbaijan, according to the National Central Bank / OECD. This is 33.7% less than in the previous year.

Historically, insurance and financial services as a percentage of service exports from the balance of payment in Azerbaijan reached an all time high of 1.56% in 2006 and an all time low of 0% in 2002.

Azerbaijan has been ranked 114th 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.

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