Philippines - Share of Insurance and Financial Services in Commercial Services Imports
Since 2014, Philippines Share of Insurance and Financial Services in Commercial Services Imports increased 8.7points year on year. In 2019, the country was ranked number 57 comparing other countries in Share of Insurance and Financial Services in Commercial Services Imports at 8.72 Percent. Philippines is overtaken by Bosnia and Herzegovina, which was ranked number 56 with 8.74 Percent and is followed by East Timor with 8.34 Percent. Bahrain topped the ranking with 53.52 Percent in 2019, that is a growth of 6.5points compared to 2018. Luxembourg, Cayman Islands and Libya respectively ranked number 2, 3 and 4 in this ranking. Botswana witnessed the best average annual growth at +57.9points per year, while South Sudan witnessed the worst performance at -39.2points per year.
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| Date | Percent |
|---|---|
| 2019 | 8.72 |
| 2018 | 7.73 |
| 2017 | 7.77 |
| 2016 | 8.00 |
| 2015 | 5.77 |
How does Philippines rank in Share of Insurance and Financial Services in Commercial Services Imports?
| # | 182 Countries | Percent | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Bahrain
|
53.52 % | 2019 | +6.5 % | -0.6 % | View data | |
| 2 |
#2
Luxembourg
|
51.18 % | 2019 | -1.8 % | -0.9 % | View data | |
| 56 |
#56
Bosnia and Herzegovina
|
8.74 % | 2019 | -10.0 % | -0.7 % | View data | |
| 57 |
#57
Philippines
|
8.72 % | 2019 | +12.7 % | +8.7 % | View data | |
| 58 |
#58
East Timor
|
8.34 % | 2019 | +9.2 % | +26.3 % | View data | |