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

Created with Highcharts 6.0.4%1995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020210123456
Source: World Bank
Last Updated: July 1, 2023

Insurance and financial services as a percentage of service imports from the balance of payment reached 3.54% in 2021 in Azerbaijan, according to the National Central Bank / OECD. This is 12.2% more than in the previous year.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in Azerbaijan reached an all time high of 5.56% in 2007 and an all time low of 0.735% in 1996.

Azerbaijan has been ranked 113th 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.

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