Nigeria - Share of Insurance and Financial Services in Service Exports
Since 2014, Nigeria Share of Insurance and Financial Services in Service Exports increased 55points year on year. At 16.31 Percent in 2019, the country was ranked number 16 among other countries in Share of Insurance and Financial Services in Service Exports. Nigeria is overtaken by Bermuda, which was number 15 at 17.09 Percent and is followed by Kuwait with 15.01 Percent. Liberia ranked the highest with 78.78 Percent in 2019, a decrease of 18.2points compared to 2018. Luxembourg, Cayman Islands and Bahrain respectively ranked number 2, 3 and 4 in this ranking. Ethiopia witnessed the best average annual growth at +333.2points per year, while Tonga recorded the worst performance at -100points per year.
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| Date | Percent |
|---|---|
| 2019 | 16.31 |
| 2018 | 15.86 |
| 2017 | 7.18 |
| 2016 | 8.75 |
| 2015 | 9.39 |
How does Nigeria rank in Share of Insurance and Financial Services in Service Exports?
| # | 172 Countries | Percent | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Liberia
|
78.78 % | 2019 | -18.2 % | +104.1 % | View data | |
| 2 |
#2
Luxembourg
|
58.31 % | 2019 | +0.1 % | -0.7 % | View data | |
| 15 |
#15
Bermuda
|
17.09 % | 2019 | -5.9 % | -4.2 % | View data | |
| 16 |
#16
Nigeria
|
16.31 % | 2019 | +2.8 % | +55.0 % | View data | |
| 17 |
#17
Kuwait
|
15.01 % | 2019 | -52.7 % | +11.1 % | View data | |