Insurance and financial services in Switzerland
Switzerland: Insurance and financial services was 21.0% in 2025. ▲ Rising
Insurance and financial services in Switzerland, 1977–2025
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 Switzerland is 21.0%, measured in 2025.
Compared with earlier readings it is up 2.8% on the previous year and down 10.2% over ten years.
Over the whole period, insurance and financial services in Switzerland peaked at 39.7% in 1999 and was at its lowest, 4.4%, in 1981.
That places Switzerland 10th out of 190 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently rising across the 49 years of available data.
Insurance and financial services in Switzerland, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1977 | 5.0% | — |
| 1978 | 4.9% | -2.4% |
| 1979 | 5.4% | +11.1% |
| 1980 | 4.7% | -12.6% |
| 1981 | 4.4% | -6.8% |
| 1982 | 4.8% | +9.5% |
| 1983 | 19.0% | +291.6% |
| 1984 | 19.1% | +1.0% |
| 1985 | 20.8% | +8.8% |
| 1986 | 24.5% | +17.6% |
| 1987 | 25.1% | +2.5% |
| 1988 | 24.0% | -4.5% |
| 1989 | 24.8% | +3.6% |
| 1990 | 23.7% | -4.5% |
| 1991 | 24.8% | +4.5% |
| 1992 | 25.6% | +3.4% |
| 1993 | 29.2% | +14.0% |
| 1994 | 27.5% | -5.9% |
| 1995 | 27.6% | +0.5% |
| 1996 | 30.8% | +11.5% |
| 1997 | 31.1% | +1.0% |
| 1998 | 32.7% | +5.2% |
| 1999 | 39.7% | +21.2% |
| 2000 | 37.9% | -4.6% |
| 2001 | 34.3% | -9.4% |
| 2002 | 34.9% | +1.6% |
| 2003 | 35.8% | +2.9% |
| 2004 | 34.7% | -3.1% |
| 2005 | 35.4% | +2.0% |
| 2006 | 37.0% | +4.4% |
| 2007 | 39.0% | +5.5% |
| 2008 | 35.4% | -9.4% |
| 2009 | 31.1% | -11.9% |
| 2010 | 28.7% | -7.8% |
| 2011 | 27.1% | -5.7% |
| 2012 | 26.2% | -3.2% |
| 2013 | 26.5% | +1.1% |
| 2014 | 24.4% | -7.9% |
| 2015 | 23.4% | -4.1% |
| 2016 | 22.4% | -4.5% |
| 2017 | 21.3% | -4.7% |
| 2018 | 20.9% | -2.0% |
| 2019 | 21.4% | +2.6% |
| 2020 | 23.6% | +10.2% |
| 2021 | 22.6% | -4.3% |
| 2022 | 21.8% | -3.5% |
| 2023 | 21.5% | -1.6% |
| 2024 | 20.4% | -4.8% |
| 2025 | 21.0% | +2.8% |
Switzerland compared with similar countries
- Switzerland's 21.0% is above the median for high income countries, which is 5.3%, 4.0× the median. (69 countries reporting)
- Switzerland's 21.0% is above the median for Europe & Central Asia, which is 3.5%, 5.9× the median. (51 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services in Switzerland 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 |
|---|---|---|---|
| 1983 | +291.6% | 4.8% | 19.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.1% | 4.9% | 5.4% | 3 |
| 1980s | 17.1% | 4.4% | 25.1% | 10 |
| 1990s | 29.3% | 23.7% | 39.7% | 10 |
| 2000s | 35.6% | 31.1% | 39.0% | 10 |
| 2010s | 24.2% | 20.9% | 28.7% | 10 |
| 2020s | 21.8% | 20.4% | 23.6% | 6 |
Countries ranked near Switzerland
- 7 Hong Kong, China 26.9% compare
- 8 United Kingdom of Great Britain and Northern Ireland 25.0% compare
- 9 Nigeria 22.8% compare
- 11 Guinea-Bissau 20.7% compare
- 12 United States of America 19.8% compare
- 13 Cyprus 19.6% compare
More economy & growth data for Switzerland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6894 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.2 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 25.32 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0243 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 2,784 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -12.29 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 88.67 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0118 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -1,351 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 18.29 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Switzerland?
- Insurance and financial services in Switzerland was 21.0% 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 Switzerland?
- The highest recorded value was 39.7% in 1999.
- What is the lowest insurance and financial services recorded in Switzerland?
- The lowest recorded value was 4.4% in 1981.
- How does Switzerland rank for insurance and financial services?
- Switzerland ranks 10th out of 190 countries with data for 2025.
- Is insurance and financial services rising or falling in Switzerland?
- Over the last ten years it is down 10.2%. The long-run trend across the full record is rising.
- Where does this Switzerland 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.