European Union vs United States: Insurance and financial services

European Union
10.3%
in 2025
United States
19.7%
in 2025
European Union rank
9th
United States rank
7th

Insurance and financial services over time

  • European Union
  • United States
05101520197019972025

How they compare

United States currently reports 19.7% against 10.3% in European Union, a difference of 9.4%.

That makes United States's figure about 1.9 times European Union's.

The two have swapped places 3 times across 42 shared years of data; in 1976 it was European Union ahead.

European Union ranks 9th and United States ranks 7th of 47 groups.

Across the 6 decades both report, European Union averaged higher in 2 and United States in 4.

Head to head by decade

Decade European Union United States Difference Ahead
1970s 4.0% 2.3% 1.7% European Union
1980s 4.9% 3.3% 1.6% European Union
1990s 6.6% 7.4% 0.8% United States
2000s 7.3% 17.5% 10.2% United States
2010s 8.9% 17.5% 8.6% United States
2020s 9.6% 19.1% 9.5% United States

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, European Union or United States?
United States, at 19.7% against 10.3% in European Union as of 2025.
What is the difference in insurance and financial services between European Union and United States?
9.4%, with United States ahead.
How many years of comparable data are there for European Union and United States?
42 years are reported by both, from 1976 to 2025.
How do European Union and United States rank globally for insurance and financial services?
European Union ranks 9th and United States ranks 7th of 47 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 imports, BoP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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European Union vs United States: 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-imports-bop/european-union/united-states/

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About this data

Indicator
Insurance and financial services (% of service imports, BoP)
Unit
% of service imports, BoP
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 9,395 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 imports which are services provided by non-residents to residents.