Insurance and financial services in Tunisia
Tunisia: Insurance and financial services was 3.5% in 2024. ▲ Rising
Insurance and financial services in Tunisia, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service imports, BoP.
Analysis
Tunisia recorded 3.5% for insurance and financial services in 2024.
Compared with earlier readings it is down 2.0% on the previous year and down 60.1% over ten years.
Over the whole period, insurance and financial services in Tunisia peaked at 9.6% in 2009 and was at its lowest, 2.5%, in 2018.
That places Tunisia 146th out of 197 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 49 years of available data.
Insurance and financial services in Tunisia, year by year
| Year | % of service imports, BoP | Change |
|---|---|---|
| 1976 | 5.4% | — |
| 1977 | 5.9% | +9.1% |
| 1978 | 5.0% | -15.6% |
| 1979 | 6.0% | +20.4% |
| 1980 | 5.7% | -5.7% |
| 1981 | 5.8% | +1.6% |
| 1982 | 4.7% | -17.9% |
| 1983 | 4.8% | +1.0% |
| 1984 | 5.6% | +17.9% |
| 1985 | 5.3% | -6.0% |
| 1986 | 7.0% | +31.1% |
| 1987 | 6.5% | -5.9% |
| 1988 | 6.2% | -5.0% |
| 1989 | 5.9% | -5.4% |
| 1990 | 5.9% | +0.7% |
| 1991 | 6.6% | +10.7% |
| 1992 | 5.3% | -19.6% |
| 1993 | 4.9% | -6.6% |
| 1994 | 5.0% | +1.8% |
| 1995 | 5.9% | +18.6% |
| 1996 | 6.9% | +16.7% |
| 1997 | 8.6% | +23.5% |
| 1998 | 9.0% | +5.2% |
| 1999 | 8.2% | -9.4% |
| 2000 | 7.1% | -13.0% |
| 2001 | 7.1% | -0.7% |
| 2002 | 7.4% | +4.8% |
| 2003 | 7.2% | -3.2% |
| 2004 | 7.6% | +5.7% |
| 2005 | 8.5% | +12.2% |
| 2006 | 8.8% | +3.5% |
| 2007 | 8.3% | -5.7% |
| 2008 | 8.1% | -1.9% |
| 2009 | 9.6% | +18.3% |
| 2010 | 8.9% | -7.4% |
| 2011 | 8.7% | -2.6% |
| 2012 | 8.2% | -5.3% |
| 2013 | 7.9% | -3.6% |
| 2014 | 8.7% | +9.8% |
| 2015 | 8.9% | +1.9% |
| 2016 | 8.5% | -3.8% |
| 2017 | 8.2% | -4.4% |
| 2018 | 2.5% | -68.8% |
| 2019 | 2.6% | +1.4% |
| 2020 | 3.9% | +51.0% |
| 2021 | 3.8% | -2.5% |
| 2022 | 3.4% | -11.8% |
| 2023 | 3.5% | +5.6% |
| 2024 | 3.5% | -2.0% |
Tunisia compared with similar countries
- Tunisia's 3.5% is below the median for lower middle income countries, which is 6.5%, 54% of the median. (47 countries reporting)
- Tunisia's 3.5% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 6.5%, 53% of the median. (22 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services in Tunisia 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 |
|---|---|---|---|
| 2018 | -68.8% | 8.2% | 2.5% |
| 2020 | +51.0% | 2.6% | 3.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.6% | 5.0% | 6.0% | 4 |
| 1980s | 5.8% | 4.7% | 7.0% | 10 |
| 1990s | 6.6% | 4.9% | 9.0% | 10 |
| 2000s | 8.0% | 7.1% | 9.6% | 10 |
| 2010s | 7.3% | 2.5% | 8.9% | 10 |
| 2020s | 3.6% | 3.4% | 3.9% | 5 |
Countries ranked near Tunisia
More economy & growth data for Tunisia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.5829 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.22 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 34.59 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0007 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 2.82 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 759.60 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 7.67 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0148 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 61.87 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 1.12 % change on previous year (2024)
Frequently asked questions
- What is insurance and financial services in Tunisia?
- Insurance and financial services in Tunisia was 3.5% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Tunisia?
- The highest recorded value was 9.6% in 2009.
- What is the lowest insurance and financial services recorded in Tunisia?
- The lowest recorded value was 2.5% in 2018.
- How does Tunisia rank for insurance and financial services?
- Tunisia ranks 146th out of 197 countries with data for 2024.
- Is insurance and financial services rising or falling in Tunisia?
- Over the last ten years it is down 60.1%. The long-run trend across the full record is rising.
- Where does this Tunisia 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
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.