Insurance and financial services as a percentage of service imports from the balance of payment reached 11.3% in 2021 in Philippines, according to the National Central Bank / OECD. This is 4.92% more than in the previous year.
Historically, insurance and financial services as a percentage of service imports from the balance of payment in Philippines reached an all time high of 12.9% in 2008 and an all time low of 0.425% in 1998.
Philippines has been ranked 33rd 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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