European Union vs Switzerland: Insurance and financial services

European Union
12.3%
in 2025
Switzerland
21.0%
in 2025
European Union rank
9th
Switzerland rank
10th

Insurance and financial services over time

  • European Union
  • Switzerland
010203040197620002025

How they compare

Switzerland currently reports 21.0% against 12.3% in European Union, a difference of 8.7%.

That makes Switzerland's figure about 1.7 times European Union's.

Across all 41 years both countries report, Switzerland has been ahead every year.

European Union ranks 9th and Switzerland ranks 10th of 45 groups.

Switzerland has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade European Union Switzerland Difference Ahead
1970s 3.0% 5.1% 2.1% Switzerland
1980s 3.7% 17.1% 13.4% Switzerland
1990s 6.9% 31.7% 24.8% Switzerland
2000s 9.5% 35.6% 26.0% Switzerland
2010s 10.6% 24.2% 13.6% Switzerland
2020s 10.8% 21.8% 11.1% Switzerland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, European Union or Switzerland?
Switzerland, at 21.0% against 12.3% in European Union as of 2025.
What is the difference in insurance and financial services between European Union and Switzerland?
8.7%, with Switzerland ahead.
How many years of comparable data are there for European Union and Switzerland?
41 years are reported by both, from 1977 to 2025.
How do European Union and Switzerland rank globally for insurance and financial services?
European Union ranks 9th and Switzerland ranks 10th of 45 groups.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Insurance and financial services (% of service exports, BoP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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European Union vs Switzerland: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 18 September 2026, from https://economy.statizoid.com/compare/insurance-and-financial-services-percent-of-service-exports-bop/european-union/switzerland/

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About this data

Indicator
Insurance and financial services (% of service exports, BoP)
Unit
% of service exports, BoP
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
235 places, 8,390 data points, 1960–2025
Last refreshed

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 exports which are services provided by residents to non-residents.