Insurance and financial services in Euro area
Euro area: Insurance and financial services was 14.1% in 2025. ▲ Rising
Insurance and financial services in Euro area, 1976–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
In 2025, insurance and financial services in Euro area stood at 14.1%. That is the highest value across all 42 years on record.
Compared with earlier readings it is up 21.0% on the previous year and up 21.8% over ten years.
Over the whole period, insurance and financial services in Euro area peaked at 14.1% in 2025 and was at its lowest, 2.8%, in 1980.
Euro area ranks 7th of 45 groups on this measure, in the top quarter.
The long-run direction has been consistently rising across the 42 years of available data.
Insurance and financial services in Euro area, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1976 | 2.9% | — |
| 1977 | 2.8% | -0.9% |
| 1978 | 3.0% | +4.4% |
| 1979 | 2.9% | -1.9% |
| 1980 | 2.8% | -3.3% |
| 1981 | 2.9% | +4.9% |
| 1982 | 3.0% | +2.9% |
| 1983 | 3.0% | -1.3% |
| 1984 | 3.1% | +3.8% |
| 1985 | 3.4% | +9.5% |
| 1986 | 3.8% | +10.5% |
| 1987 | 3.8% | +0.9% |
| 1988 | 4.7% | +23.6% |
| 1989 | 5.4% | +14.0% |
| 1990 | 6.1% | +13.2% |
| 1999 | 8.2% | +35.6% |
| 2000 | 8.7% | +5.2% |
| 2001 | 7.8% | -9.3% |
| 2002 | 8.8% | +12.3% |
| 2003 | 8.3% | -6.1% |
| 2004 | 10.1% | +21.7% |
| 2005 | 11.0% | +9.3% |
| 2006 | 12.5% | +13.2% |
| 2007 | 12.9% | +3.7% |
| 2008 | 12.3% | -4.9% |
| 2009 | 13.1% | +7.0% |
| 2010 | 13.1% | -0.6% |
| 2011 | 13.1% | +0.1% |
| 2012 | 13.5% | +3.1% |
| 2013 | 12.4% | -7.7% |
| 2014 | 11.7% | -6.0% |
| 2015 | 11.6% | -1.0% |
| 2016 | 11.6% | +0.5% |
| 2017 | 10.9% | -6.6% |
| 2018 | 10.5% | -3.5% |
| 2019 | 10.5% | -0.2% |
| 2020 | 12.3% | +17.2% |
| 2021 | 12.4% | +1.1% |
| 2022 | 10.9% | -11.8% |
| 2023 | 11.3% | +3.7% |
| 2024 | 11.7% | +2.8% |
| 2025 | 14.1% | +21.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.9% | 2.8% | 3.0% | 4 |
| 1980s | 3.6% | 2.8% | 5.4% | 10 |
| 1990s | 7.1% | 6.1% | 8.2% | 2 |
| 2000s | 10.5% | 7.8% | 13.1% | 10 |
| 2010s | 11.9% | 10.5% | 13.5% | 10 |
| 2020s | 12.1% | 10.9% | 14.1% | 6 |
Countries ranked near Euro area
- 4 Sierra Leone 32.7% compare
- 5 Bahrain 31.3% compare
- 6 Liberia 30.3% compare
- 7 Hong Kong, China 26.9% compare
- 8 United Kingdom of Great Britain and Northern Ireland 25.0% compare
- 9 Nigeria 22.8% compare
- 10 Switzerland 21.0% compare
More economy & growth data for Euro area
- Households and NPISHs Final consumption expenditure (constant 2015) 0.4051 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), per capita 37,260 current US$ per person (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.742 current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), annual growth rate 8.5 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 20,341 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 26,432 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 8.13 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.5264 current US$ per US$ of GDP (2025)
- Final consumption expenditure (constant 2015 US$), annual growth rate 1.47 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 1.87 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Euro area?
- Insurance and financial services in Euro area was 14.1% 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 Euro area?
- The highest recorded value was 14.1% in 2025.
- What is the lowest insurance and financial services recorded in Euro area?
- The lowest recorded value was 2.8% in 1980.
- How does Euro area rank for insurance and financial services?
- Euro area ranks 7th out of 45 groups with data for 2025.
- Is insurance and financial services rising or falling in Euro area?
- Over the last ten years it is up 21.8%. The long-run trend across the full record is rising.
- Where does this Euro area 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.
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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.