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

Source: World Bank
Last Updated: July 1, 2023

Insurance and financial services as a percentage of service exports from the balance of payment reached 12.7% in 2021 in Canada, according to the National Central Bank / OECD. This is 4.97% more than in the previous year.

Historically, insurance and financial services as a percentage of service exports from the balance of payment in Canada reached an all time high of 12.7% in 2021 and an all time low of 5.88% in 2004.

Canada has been ranked 24th 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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