Insurance and financial services in Mauritania
Mauritania: Insurance and financial services was 0.0% in 2023. ◆ Volatile
Insurance and financial services in Mauritania, 1975–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service imports, BoP.
Analysis
The most recent figure for insurance and financial services in Mauritania is 0.0%, measured in 2023.
That represents a change of down 26.6% on the previous year and down 94.3% over ten years.
Over the whole period, insurance and financial services in Mauritania peaked at 5.6% in 1976 and was at its lowest, 0.0%, in 2021.
That places Mauritania 197th out of 197 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance and financial services in Mauritania, year by year
| Year | % of service imports, BoP | Change |
|---|---|---|
| 1975 | 4.9% | — |
| 1976 | 5.6% | +15.1% |
| 1977 | 4.3% | -24.4% |
| 1978 | 3.7% | -13.9% |
| 1979 | 3.5% | -3.4% |
| 1980 | 3.1% | -12.1% |
| 1981 | 3.5% | +12.2% |
| 1982 | 2.9% | -18.2% |
| 1983 | 2.3% | -18.6% |
| 1984 | 2.0% | -14.2% |
| 1985 | 1.8% | -11.7% |
| 1986 | 2.1% | +16.1% |
| 1987 | 1.9% | -9.1% |
| 1988 | 1.8% | -1.3% |
| 1989 | 1.6% | -13.0% |
| 1990 | 2.8% | +77.0% |
| 1991 | 2.3% | -18.5% |
| 1992 | 2.5% | +6.1% |
| 1993 | 2.2% | -10.7% |
| 1994 | 1.9% | -11.6% |
| 1995 | 1.3% | -32.8% |
| 2012 | 1.0% | -23.5% |
| 2013 | 0.7% | -34.5% |
| 2014 | 0.4% | -32.4% |
| 2015 | 1.4% | +206.6% |
| 2016 | 1.5% | +9.6% |
| 2017 | 0.8% | -46.6% |
| 2018 | 0.6% | -27.2% |
| 2019 | 0.4% | -27.8% |
| 2020 | 1.4% | +230.2% |
| 2021 | 0.0% | -99.3% |
| 2022 | 0.1% | +412.8% |
| 2023 | 0.0% | -26.6% |
Mauritania compared with similar countries
- Mauritania's 0.0% is below the median for lower middle income countries, which is 6.5%, 1% of the median. (47 countries reporting)
- Mauritania's 0.0% is below the median for Sub-Saharan Africa, which is 6.5%, 1% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services in Mauritania changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +412.8% | 0.0% | 0.1% |
| 2020 | +230.2% | 0.4% | 1.4% |
| 2015 | +206.6% | 0.4% | 1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.4% | 3.5% | 5.6% | 5 |
| 1980s | 2.3% | 1.6% | 3.5% | 10 |
| 1990s | 2.2% | 1.3% | 2.8% | 6 |
| 2010s | 0.8% | 0.4% | 1.5% | 8 |
| 2020s | 0.4% | 0.0% | 1.4% | 4 |
Countries ranked near Mauritania
- 194 South Sudan 0.9% compare
- 195 Faroe Islands 0.8% compare
- 196 Marshall Islands 0.3% compare
More economy & growth data for Mauritania
- Foreign direct investment, net outflows (BoP, current US$), gaps 3.90 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0004 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.7539 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.44 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 69.78 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1324 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 278.62 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 36.52 % change on previous year (2021)
- Total reserves (includes gold, current US$), per unit of GDP 0.2211 includes gold, current US$ per US$ of GDP (2021)
- Total reserves (includes gold, current US$), per capita 430.54 includes gold, current US$ per person (2021)
Frequently asked questions
- What is insurance and financial services in Mauritania?
- Insurance and financial services in Mauritania was 0.0% in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Mauritania?
- The highest recorded value was 5.6% in 1976.
- What is the lowest insurance and financial services recorded in Mauritania?
- The lowest recorded value was 0.0% in 2021.
- How does Mauritania rank for insurance and financial services?
- Mauritania ranks 197th out of 197 countries with data for 2023.
- Is insurance and financial services rising or falling in Mauritania?
- Over the last ten years it is down 94.3%. The long-run trend across the full record is volatile.
- Where does this Mauritania 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.
Download this data
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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.