Insurance and financial services in East Asia & Pacific (excluding high income)
East Asia & Pacific (excluding high income): Insurance and financial services was 1.6% in 2025. ◆ Volatile
Insurance and financial services in East Asia & Pacific (excluding high income), 1982–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
The most recent figure for insurance and financial services in East Asia & Pacific (excluding high income) is 1.6%, measured in 2025.
That represents a change of down 17.0% on the previous year and down 36.0% over ten years.
Over the whole period, insurance and financial services in East Asia & Pacific (excluding high income) peaked at 4.6% in 1995 and was at its lowest, 0.4%, in 1997.
East Asia & Pacific (excluding high income) ranks 43rd of 45 groups on this measure, 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 East Asia & Pacific (excluding high income), year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1982 | 3.4% | — |
| 1983 | 3.8% | +9.3% |
| 1984 | 2.8% | -25.4% |
| 1985 | 2.6% | -7.1% |
| 1986 | 2.3% | -13.4% |
| 1987 | 2.2% | -3.3% |
| 1988 | 2.5% | +15.3% |
| 1989 | 2.2% | -13.3% |
| 1990 | 1.3% | -40.5% |
| 1991 | 1.7% | +28.2% |
| 1992 | 1.9% | +16.7% |
| 1993 | 1.6% | -16.7% |
| 1994 | 4.0% | +145.3% |
| 1995 | 4.6% | +15.2% |
| 1996 | 0.5% | -88.1% |
| 1997 | 0.4% | -33.4% |
| 1998 | 0.6% | +72.2% |
| 1999 | 0.8% | +26.0% |
| 2000 | 0.6% | -20.1% |
| 2001 | 0.7% | +12.4% |
| 2002 | 0.4% | -39.8% |
| 2003 | 1.0% | +144.6% |
| 2004 | 1.0% | -2.9% |
| 2005 | 1.2% | +16.9% |
| 2006 | 1.0% | -16.4% |
| 2007 | 1.0% | +2.6% |
| 2008 | 1.1% | +12.3% |
| 2009 | 1.4% | +21.4% |
| 2010 | 1.6% | +17.0% |
| 2011 | 1.8% | +13.8% |
| 2012 | 2.2% | +21.0% |
| 2013 | 2.6% | +18.5% |
| 2014 | 3.0% | +13.9% |
| 2015 | 2.6% | -14.4% |
| 2016 | 2.6% | +2.1% |
| 2017 | 2.6% | -0.3% |
| 2018 | 2.6% | -0.3% |
| 2019 | 2.6% | +1.1% |
| 2020 | 3.5% | +31.6% |
| 2021 | 3.4% | -1.0% |
| 2022 | 2.9% | -16.6% |
| 2023 | 2.6% | -9.7% |
| 2024 | 2.0% | -23.5% |
| 2025 | 1.6% | -17.0% |
Biggest year-on-year movements
Years where Insurance and financial services in East Asia & Pacific (excluding high income) 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 |
|---|---|---|---|
| 1994 | +145.3% | 1.6% | 4.0% |
| 2003 | +144.6% | 0.4% | 1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.7% | 2.2% | 3.8% | 8 |
| 1990s | 1.7% | 0.4% | 4.6% | 10 |
| 2000s | 1.0% | 0.4% | 1.4% | 10 |
| 2010s | 2.4% | 1.6% | 3.0% | 10 |
| 2020s | 2.7% | 1.6% | 3.5% | 6 |
Countries ranked near East Asia & Pacific (excluding high income)
More economy & growth data for East Asia & Pacific (excluding high income)
- Foreign direct investment, net outflows (BoP, current US$), gaps 176.21 billion BoP, current US$ (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 3.98 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.3857 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 4,008 current US$ per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 2.19 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.3602 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 3,905 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 3.68 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.2184 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 2,368 current US$ per person (2025)
Frequently asked questions
- What is insurance and financial services in East Asia & Pacific (excluding high income)?
- Insurance and financial services in East Asia & Pacific (excluding high income) was 1.6% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in East Asia & Pacific (excluding high income)?
- The highest recorded value was 4.6% in 1995.
- What is the lowest insurance and financial services recorded in East Asia & Pacific (excluding high income)?
- The lowest recorded value was 0.4% in 1997.
- How does East Asia & Pacific (excluding high income) rank for insurance and financial services?
- East Asia & Pacific (excluding high income) ranks 43rd out of 45 groups with data for 2025.
- Is insurance and financial services rising or falling in East Asia & Pacific (excluding high income)?
- Over the last ten years it is down 36.0%. The long-run trend across the full record is volatile.
- Where does this East Asia & Pacific (excluding high income) 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 exports, 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 exports which are services provided by residents to non-residents.