LBR Insurance and financial services (% of service exports, BoP) 2024: Interactive Chart & Historical Data

Latest balance: 30.27 (2024-01-01)

Insurance and financial services (% of service exports, BoP) measures LBR's international trade position, capturing the flow of goods and services across borders. Trade indicators reveal competitiveness, currency impacts, and integration into global supply chains. Policymakers use trade data to negotiate agreements, adjust tariffs, and monitor external imbalances that could affect currency stability. In LBR, Insurance and financial services (% of service exports, BoP) reflects the structure of exports and imports, key trading partners, and sensitivity to commodity prices or exchange rate fluctuations. Businesses track trade indicators to identify market opportunities, manage supply chain risks, and anticipate regulatory changes. The most recent data point shows 30.27 as of 2024-01-01. This dataset spans 2010–2024, covering 15 annual observations. Data is sourced from World Bank and updated regularly on EconDash. Use EconDash's interactive chart to visualize trade flows, identify surplus and deficit periods, and compare LBR with trading partners.