Insurance and financial services in Sweden
Sweden: Insurance and financial services was 5.3% in 2025. ▼ Falling
Insurance and financial services in Sweden, 1970–2025
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 Sweden stood at 5.3%.
Compared with earlier readings it is down 5.4% on the previous year and down 26.0% over ten years.
Over the whole period, insurance and financial services in Sweden peaked at 12.5% in 1992 and was at its lowest, 2.4%, in 1995.
That places Sweden 65th out of 190 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 56 years of available data.
Insurance and financial services in Sweden, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1970 | 6.6% | — |
| 1971 | 6.9% | +4.8% |
| 1972 | 7.4% | +6.2% |
| 1973 | 5.8% | -21.3% |
| 1974 | 4.7% | -18.1% |
| 1975 | 5.1% | +6.9% |
| 1976 | 6.3% | +24.5% |
| 1977 | 5.2% | -18.3% |
| 1978 | 4.5% | -11.9% |
| 1979 | 3.7% | -19.7% |
| 1980 | 3.9% | +7.9% |
| 1981 | 3.1% | -21.9% |
| 1982 | 6.6% | +115.8% |
| 1983 | 5.5% | -17.5% |
| 1984 | 5.3% | -2.9% |
| 1985 | 5.3% | -0.8% |
| 1986 | 7.0% | +33.1% |
| 1987 | 7.5% | +7.1% |
| 1988 | 8.5% | +13.1% |
| 1989 | 9.5% | +11.5% |
| 1990 | 9.1% | -4.5% |
| 1991 | 12.3% | +36.0% |
| 1992 | 12.5% | +0.9% |
| 1993 | 3.4% | -72.4% |
| 1994 | 2.9% | -15.5% |
| 1995 | 2.4% | -16.5% |
| 1996 | 2.4% | +0.7% |
| 1997 | 2.7% | +9.4% |
| 1998 | 3.0% | +12.4% |
| 1999 | 3.2% | +7.9% |
| 2000 | 6.6% | +102.2% |
| 2001 | 6.0% | -8.2% |
| 2002 | 5.6% | -7.2% |
| 2003 | 4.8% | -13.8% |
| 2004 | 4.7% | -2.0% |
| 2005 | 5.4% | +14.3% |
| 2006 | 5.3% | -1.3% |
| 2007 | 3.5% | -33.7% |
| 2008 | 3.4% | -3.5% |
| 2009 | 3.2% | -5.2% |
| 2010 | 2.7% | -16.9% |
| 2011 | 3.0% | +12.4% |
| 2012 | 3.0% | -0.5% |
| 2013 | 6.5% | +115.7% |
| 2014 | 6.9% | +7.4% |
| 2015 | 7.1% | +2.4% |
| 2016 | 7.1% | -0.6% |
| 2017 | 6.1% | -14.0% |
| 2018 | 5.7% | -7.0% |
| 2019 | 5.0% | -11.6% |
| 2020 | 6.5% | +30.2% |
| 2021 | 6.4% | -1.9% |
| 2022 | 5.4% | -14.9% |
| 2023 | 6.0% | +9.9% |
| 2024 | 5.6% | -6.7% |
| 2025 | 5.3% | -5.4% |
Sweden compared with similar countries
- Sweden's 5.3% is above the median for high income countries, which is 5.3%, 1.0× the median. (69 countries reporting)
- Sweden's 5.3% is above the median for Europe & Central Asia, which is 3.5%, 1.5× the median. (51 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services in Sweden 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 |
|---|---|---|---|
| 1982 | +115.8% | 3.1% | 6.6% |
| 2013 | +115.7% | 3.0% | 6.5% |
| 2000 | +102.2% | 3.2% | 6.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.6% | 3.7% | 7.4% | 10 |
| 1980s | 6.2% | 3.1% | 9.5% | 10 |
| 1990s | 5.4% | 2.4% | 12.5% | 10 |
| 2000s | 4.9% | 3.2% | 6.6% | 10 |
| 2010s | 5.3% | 2.7% | 7.1% | 10 |
| 2020s | 5.9% | 5.3% | 6.5% | 6 |
Countries ranked near Sweden
More economy & growth data for Sweden
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.62 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.12 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 8.03 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.012 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 757.39 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 19.15 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -37.67 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0286 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,807 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 18.58 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Sweden?
- Insurance and financial services in Sweden was 5.3% 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 Sweden?
- The highest recorded value was 12.5% in 1992.
- What is the lowest insurance and financial services recorded in Sweden?
- The lowest recorded value was 2.4% in 1995.
- How does Sweden rank for insurance and financial services?
- Sweden ranks 65th out of 190 countries with data for 2025.
- Is insurance and financial services rising or falling in Sweden?
- Over the last ten years it is down 26.0%. The long-run trend across the full record is falling.
- Where does this Sweden 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.