Financial services covers services related to financial intermediation, financial risk management, liquidity transformation or auxiliary financial activities. It also includes insurance and pension scheme services which are services related to providing life insurance and annuities, non-life insurance, reinsurance, pensions, standardised guarantees and auxiliary services to insurance, pension schemes, and standardised guarantee schemes. This indicator is expressed as a percentage of service exports which are commercial services provided by residents to non-residents. Every country, region and year the World Bank publishes for indicator TX.VAL.INSF.ZS.WT (World Development Indicators), delivered as a tidy table — country, ISO code, year and value — ready for analysis in Excel, R, Python or the Intigal AI workspace. Original compiler: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
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Version 1: Listed from the publisher's open-data release.
Original source: api.worldbank.org · CC BY 4.0 — free to reuse with attribution to the World Bank