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

Source: World Bank
Last Updated: July 1, 2023

Insurance and financial services as a percentage of service imports from the balance of payment reached 15.0% in 2021 in Turkey, according to the National Central Bank / OECD. This is 36.6% more than in the previous year.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in Turkey reached an all time high of 16.5% in 2001 and an all time low of 1.70% in 1983.

Turkey has been ranked 19th 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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