Philippines - Share of Insurance and Financial Services in Service Imports
Since 2014, Philippines Share of Insurance and Financial Services in Service Imports rose 8.6points year on year. In 2019, the country was number 55 among other countries in Share of Insurance and Financial Services in Service Imports at 8.55 Percent. Philippines is overtaken by Bosnia and Herzegovina, which was number 54 at 8.67 Percent and is followed by Turkey with 8.4 Percent. Bahrain topped the ranking with 53.52 Percent in 2019, that is an increase of 6.5points compared to 2018. Luxembourg, Cayman Islands and Mexico respectively ranked number 2, 3 and 4 in this ranking. Botswana recorded the best 5 years average growth at +58points per year, while South Sudan was the worst growing country at -38.3points per year.
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| Date | Percent |
|---|---|
| 2019 | 8.55 |
| 2018 | 7.58 |
| 2017 | 7.68 |
| 2016 | 7.88 |
| 2015 | 5.71 |
How does Philippines rank in Share of Insurance and Financial Services in Service Imports?
| # | 182 Countries | Percent | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Bahrain
|
53.52 % | 2019 | +6.5 % | -0.6 % | View data | |
| 2 |
#2
Luxembourg
|
51.14 % | 2019 | -1.8 % | -0.9 % | View data | |
| 54 |
#54
Bosnia and Herzegovina
|
8.67 % | 2019 | -10.0 % | -0.6 % | View data | |
| 55 |
#55
Philippines
|
8.55 % | 2019 | +12.7 % | +8.6 % | View data | |
| 56 |
#56
Turkey
|
8.40 % | 2019 | -9.9 % | -10.8 % | View data | |