Insurance and financial services in IDA & IBRD total
IDA & IBRD total: Insurance and financial services was 3.0% in 2025. ▬ Flat
Insurance and financial services in IDA & IBRD total, 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 IDA & IBRD total is 3.0%, measured in 2025.
That represents a change of down 5.3% on the previous year and down 16.7% over ten years.
Over the whole period, insurance and financial services in IDA & IBRD total peaked at 4.7% in 1982 and was at its lowest, 2.1%, in 1997.
That places IDA & IBRD total 30th out of 45 groups with data for 2025, putting it in the middle of the range.
Insurance and financial services in IDA & IBRD total, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1982 | 4.7% | — |
| 1983 | 3.9% | -15.9% |
| 1984 | 3.7% | -5.6% |
| 1985 | 4.4% | +17.9% |
| 1986 | 3.8% | -14.0% |
| 1987 | 3.6% | -3.1% |
| 1988 | 3.8% | +3.3% |
| 1989 | 3.2% | -14.7% |
| 1990 | 2.8% | -11.8% |
| 1991 | 2.8% | -2.0% |
| 1992 | 2.7% | -1.8% |
| 1993 | 2.7% | +0.5% |
| 1994 | 3.0% | +10.5% |
| 1995 | 4.0% | +32.6% |
| 1996 | 2.5% | -37.2% |
| 1997 | 2.1% | -17.5% |
| 1998 | 2.8% | +36.8% |
| 1999 | 2.5% | -13.7% |
| 2000 | 2.5% | +2.4% |
| 2001 | 2.4% | -5.8% |
| 2002 | 2.1% | -11.1% |
| 2003 | 2.4% | +14.4% |
| 2004 | 2.1% | -12.6% |
| 2005 | 2.6% | +23.4% |
| 2006 | 2.6% | +0.8% |
| 2007 | 3.0% | +15.3% |
| 2008 | 3.1% | +1.5% |
| 2009 | 3.0% | -0.7% |
| 2010 | 3.5% | +14.3% |
| 2011 | 3.7% | +6.4% |
| 2012 | 3.5% | -5.1% |
| 2013 | 3.7% | +4.7% |
| 2014 | 3.7% | -0.5% |
| 2015 | 3.6% | -0.5% |
| 2016 | 3.5% | -4.0% |
| 2017 | 3.4% | -3.8% |
| 2018 | 3.2% | -3.3% |
| 2019 | 3.1% | -5.2% |
| 2020 | 3.8% | +25.0% |
| 2021 | 3.7% | -3.6% |
| 2022 | 3.3% | -10.1% |
| 2023 | 3.4% | +2.7% |
| 2024 | 3.2% | -6.6% |
| 2025 | 3.0% | -5.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.9% | 3.2% | 4.7% | 8 |
| 1990s | 2.8% | 2.1% | 4.0% | 10 |
| 2000s | 2.6% | 2.1% | 3.1% | 10 |
| 2010s | 3.5% | 3.1% | 3.7% | 10 |
| 2020s | 3.4% | 3.0% | 3.8% | 6 |
Countries ranked near IDA & IBRD total
- 27 Iran, Islamic Republic of 10.5% compare
- 28 Guyana 10.4% compare
- 29 Kenya 10.3% compare
- 30 Tajikistan 10.2% compare
- 31 Panama 9.8% compare
- 32 South Sudan 9.8% compare
- 33 Canada 9.7% compare
More economy & growth data for IDA & IBRD total
- Foreign direct investment, net outflows (BoP, current US$), per capita 42.58 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0064 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 457.59 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 297.79 billion BoP, current US$ (2025)
- GDP (current US$), annual growth rate 5.93 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5782 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 3,824 current US$ per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 4.74 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5252 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 3,473 constant 2015 US$ per person (2025)
Frequently asked questions
- What is insurance and financial services in IDA & IBRD total?
- Insurance and financial services in IDA & IBRD total was 3.0% 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 IDA & IBRD total?
- The highest recorded value was 4.7% in 1982.
- What is the lowest insurance and financial services recorded in IDA & IBRD total?
- The lowest recorded value was 2.1% in 1997.
- How does IDA & IBRD total rank for insurance and financial services?
- IDA & IBRD total ranks 30th out of 45 groups with data for 2025.
- Is insurance and financial services rising or falling in IDA & IBRD total?
- Over the last ten years it is down 16.7%. The long-run trend across the full record is flat.
- Where does this IDA & IBRD total 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.