Insurance and financial services in World
World: Insurance and financial services was 12.5% in 2025. ▲ Rising
Insurance and financial services in World, 1982–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
World recorded 12.5% for insurance and financial services in 2025.
The figure is up 10.3% on the previous year and up 6.4% over ten years.
Over the whole period, insurance and financial services in World peaked at 13.6% in 2020 and was at its lowest, 3.6%, in 1982.
That places World 8th out of 45 groups with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 42 years of available data.
Insurance and financial services in World, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1982 | 3.6% | — |
| 1983 | 4.0% | +11.3% |
| 1984 | 4.0% | -0.4% |
| 1985 | 4.4% | +9.5% |
| 1986 | 6.3% | +44.6% |
| 1987 | 6.1% | -3.5% |
| 1988 | 6.1% | -1.0% |
| 1989 | 5.9% | -2.8% |
| 1990 | 6.0% | +1.8% |
| 1993 | 7.1% | +17.8% |
| 1994 | 5.5% | -22.3% |
| 1995 | 6.1% | +11.7% |
| 1996 | 6.1% | -0.4% |
| 1997 | 6.2% | +2.4% |
| 1998 | 6.3% | +1.2% |
| 1999 | 9.4% | +49.0% |
| 2000 | 9.9% | +5.2% |
| 2001 | 9.6% | -3.2% |
| 2002 | 9.8% | +2.5% |
| 2003 | 10.3% | +5.1% |
| 2004 | 10.9% | +5.5% |
| 2005 | 11.5% | +5.3% |
| 2006 | 12.5% | +8.7% |
| 2007 | 13.1% | +5.4% |
| 2008 | 12.3% | -6.6% |
| 2009 | 12.6% | +2.5% |
| 2010 | 12.2% | -3.2% |
| 2011 | 12.4% | +1.8% |
| 2012 | 12.3% | -0.6% |
| 2013 | 12.0% | -2.3% |
| 2014 | 11.8% | -2.0% |
| 2015 | 11.7% | -0.5% |
| 2016 | 11.7% | -0.4% |
| 2017 | 11.4% | -2.9% |
| 2018 | 11.2% | -1.4% |
| 2019 | 10.9% | -2.9% |
| 2020 | 13.6% | +24.8% |
| 2021 | 13.3% | -2.2% |
| 2022 | 11.5% | -13.3% |
| 2023 | 11.4% | -1.1% |
| 2024 | 11.3% | -0.4% |
| 2025 | 12.5% | +10.3% |
Biggest year-on-year movements
Years where Insurance and financial services in World 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 |
|---|---|---|---|
| 1999 | +49.0% | 6.3% | 9.4% |
| 1986 | +44.6% | 4.4% | 6.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.0% | 3.6% | 6.3% | 8 |
| 1990s | 6.6% | 5.5% | 9.4% | 8 |
| 2000s | 11.3% | 9.6% | 13.1% | 10 |
| 2010s | 11.8% | 10.9% | 12.4% | 10 |
| 2020s | 12.3% | 11.3% | 13.6% | 6 |
Countries ranked near World
- 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
- 11 Guinea-Bissau 20.7% compare
More economy & growth data for World
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.23 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.11 Percent per annum (2028)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.49 trillion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0126 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 180.85 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.35 trillion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -14.25 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0114 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 163.93 BoP, current US$ per person (2025)
- General government final consumption expenditure (current US$) 4.45 % change on previous year (2024)
Frequently asked questions
- What is insurance and financial services in World?
- Insurance and financial services in World was 12.5% 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 World?
- The highest recorded value was 13.6% in 2020.
- What is the lowest insurance and financial services recorded in World?
- The lowest recorded value was 3.6% in 1982.
- How does World rank for insurance and financial services?
- World ranks 8th out of 45 groups with data for 2025.
- Is insurance and financial services rising or falling in World?
- Over the last ten years it is up 6.4%. The long-run trend across the full record is rising.
- Where does this World 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
CSV · JSON — 42 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.