Insurance services

In 2012, the value (in current US$) of exports of "insurance services" (EBOPS 2002 code 253) decreased by 1.0 percent (compared to 6.6 percent average growth rate from 2008-2012) to reach 102.4 bln US$ (see table 2), while imports increased by 0.4 percent to reach 170.1 bln US$ (see table 3). Exports of this service accounted for 2.3 percent of total world services exports (see table 1). United Kingdom, USA and Ireland were the top exporters in 2012 (see table 2). They accounted for 23.3, 15.7 and 11.2 percent of world exports, respectively. USA, China and Ireland were the top importers, with respectively 30.9, 12.1 and 4.7 percent of world imports (see table 3).

Related Subject(s): International Trade and Finance