Insurance and financial services (% of service exports, BoP) in Papua New Guinea stood at 0.07% in 2024, according to World Bank. The latest value is down 1.09 percentage points from 1.16% in 2023. Ten years earlier, in 2014, the value was 7.89% (down 7.81 percentage points since). Papua New Guinea ranked 153rd highest of the 158 countries in this dataset in 2024; Cayman Islands ranked first.
Data source: World Bank · Unit: % · Category: Macroeconomics · Explore more indicators on EconDash
Insurance and financial services (% of service exports, BoP), measured in %, captures Papua New Guinea's cross-border flows of goods and services, revealing the country's competitive position in global markets, trade relationships, and exposure to external economic shocks. Trade data encompasses exports (goods and services sold to other countries), imports (purchases from abroad), and the resulting balance (surplus when exports exceed imports, deficit when the reverse occurs). In Papua New Guinea, Insurance and financial services (% of service exports, BoP) reflects comparative advantages — sectors where the country produces efficiently relative to trading partners — as well as exchange rate effects and global demand patterns. Persistent trade deficits may indicate domestic consumption exceeding production, while surpluses suggest strong export competitiveness. Trade relationships also create supply chain dependencies; disruptions in partner countries can affect Papua New Guinea's industries that rely on imported components or foreign markets for their products.
Insurance and financial services (% of service exports, BoP) in Papua New Guinea stood at 0.07% in 2024, according to World Bank.
The latest value is down 1.09 percentage points from 1.16% in 2023. Ten years earlier, in 2014, the value was 7.89% (down 7.81 percentage points since).
Papua New Guinea ranked 153rd highest of the 158 countries in this dataset in 2024; Cayman Islands ranked first.
| Indicator | Insurance and financial services (% of service exports, BoP) |
|---|---|
| Country | Papua New Guinea |
| Category | Macroeconomics |
| Unit | % |
| Source | World Bank |
| Interactive chart | View on EconDash |
| API access | EconDash API documentation |
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World Bank. (2026). Insurance and financial services (% of service exports, BoP) — Papua New Guinea [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-bx-gsr-insf-zs/PNG. Original source: https://data.worldbank.org/indicator/BX.GSR.INSF.ZS
World Bank. "Insurance and financial services (% of service exports, BoP) — Papua New Guinea." EconDash, 2026, https://econdash.org/chart/wdi-bx-gsr-insf-zs/PNG. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/BX.GSR.INSF.ZS.
World Bank. 2026. "Insurance and financial services (% of service exports, BoP) — Papua New Guinea." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-bx-gsr-insf-zs/PNG. Original source: https://data.worldbank.org/indicator/BX.GSR.INSF.ZS.
@misc{econdash_wdi_bx_gsr_insf_zs_png,
author = {{World Bank}},
title = {{Insurance and financial services (\% of service exports, BoP) --- Papua New Guinea}},
howpublished = {EconDash},
year = {2026},
url = {https://econdash.org/chart/wdi-bx-gsr-insf-zs/PNG},
note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/BX.GSR.INSF.ZS}
}Browse indicators available for Papua New Guinea. Click any indicator to view its interactive chart, compare with other countries, and download historical data.
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