Insurance and financial services in French Polynesia
French Polynesia: Insurance and financial services was 5.2% in 2016. ▲ Rising
Insurance and financial services in French Polynesia, 2002–2016
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service imports, BoP.
Analysis
In 2016, insurance and financial services in French Polynesia stood at 5.2%.
Compared with earlier readings it is up 30.4% on the previous year and down 9.0% over ten years.
Over the whole period, insurance and financial services in French Polynesia peaked at 8.0% in 2009 and was at its lowest, 3.1%, in 2002.
French Polynesia ranks 115th of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Insurance and financial services in French Polynesia, year by year
| Year | % of service imports, BoP | Change |
|---|---|---|
| 2002 | 3.1% | — |
| 2003 | 3.5% | +12.1% |
| 2004 | 3.5% | -1.5% |
| 2005 | 3.7% | +7.4% |
| 2006 | 5.7% | +53.1% |
| 2007 | 3.4% | -40.8% |
| 2008 | 5.3% | +58.1% |
| 2009 | 8.0% | +50.0% |
| 2010 | 3.9% | -50.8% |
| 2011 | 5.1% | +30.2% |
| 2012 | 4.8% | -5.5% |
| 2013 | 6.4% | +31.6% |
| 2014 | 5.8% | -8.7% |
| 2015 | 4.0% | -31.5% |
| 2016 | 5.2% | +30.4% |
French Polynesia compared with similar countries
- French Polynesia's 5.2% is below the median for high income countries, which is 6.2%, 83% of the median. (72 countries reporting)
- French Polynesia's 5.2% is above the median for East Asia & Pacific, which is 4.9%, 1.0× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.5% | 3.1% | 8.0% | 8 |
| 2010s | 5.0% | 3.9% | 6.4% | 7 |
Countries ranked near French Polynesia
- 112 Portugal 5.4% compare
- 113 Palestine, State of 5.3% compare
- 114 Croatia 5.2% compare
- 116 Poland 5.2% compare
- 117 Bosnia and Herzegovina 4.8% compare
- 118 Switzerland 4.8% compare
More economy & growth data for French Polynesia
- Foreign direct investment, net outflows (BoP, current US$), gaps 11.32 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0018 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 40.15 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -13.87 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -113.47 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0022 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita -49.21 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 3.8 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.3201 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 7,184 current US$ per person (2024)
Frequently asked questions
- What is insurance and financial services in French Polynesia?
- Insurance and financial services in French Polynesia was 5.2% in 2016, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in French Polynesia?
- The highest recorded value was 8.0% in 2009.
- What is the lowest insurance and financial services recorded in French Polynesia?
- The lowest recorded value was 3.1% in 2002.
- How does French Polynesia rank for insurance and financial services?
- French Polynesia ranks 115th out of 197 countries with data for 2016.
- Is insurance and financial services rising or falling in French Polynesia?
- Over the last ten years it is down 9.0%. The long-run trend across the full record is rising.
- Where does this French Polynesia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Insurance and financial services (% of service imports, BoP). Statizoid updates them automatically from the source API.
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About this data
Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents. This indicator is expressed as a percentage of service imports which are services provided by non-residents to residents.