Insurance and financial services (% of service imports, BoP) by country
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...
Countries reporting
197
Highest
49.2%
Luxembourg
Lowest
0.0%
Mauritania
Median
6.2%
Years covered
66
1960–2025
Data points
9,395
What the numbers show
Insurance and financial services (% of service imports, BoP) is currently reported for 197 countries. The highest value is 49.2% in Luxembourg; the lowest is 0.0% in Mauritania.
The median across all reporting countries is 6.2%, and the mean is 7.5%.
The gap between the highest and lowest reporting country is a factor of about 1,331.
Over the past decade 95 countries rose and 101 fell. The largest increase was in Tajikistan (up 2,719.9%), and the largest decrease in South Sudan (down 94.8%).
Insurance and financial services: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Luxembourg | 49.2% | 2025 | down 15.2% | falling |
| 2 | Bahrain | 35.0% | 2024 | down 36.6% | volatile |
| 3 | Cayman Islands | 30.2% | 2024 | down 13.8% | falling |
| 4 | Libya | 25.6% | 2023 | up 32.1% | volatile |
| 5 | Macau, China | 21.3% | 2024 | up 58.6% | rising |
| 6 | Gambia | 19.8% | 2024 | up 103.7% | rising |
| 7 | United States of America | 19.7% | 2025 | up 18.3% | volatile |
| 8 | Tajikistan | 19.1% | 2025 | up 2,719.9% | volatile |
| 9 | Iraq | 19.1% | 2024 | up 1.1% | falling |
| 10 | Saint Kitts and Nevis | 18.4% | 2025 | up 86.4% | rising |
| 11 | Congo, Democratic Republic of the | 18.2% | 2025 | down 9.1% | rising |
| 12 | Trinidad and Tobago | 17.9% | 2025 | up 53.7% | volatile |
| 13 | Bermuda | 17.6% | 2023 | down 8.0% | rising |
| 14 | Panama | 17.5% | 2025 | up 5.4% | rising |
| 15 | Cyprus | 17.0% | 2025 | down 33.2% | volatile |
| 16 | Burkina Faso | 16.1% | 2024 | down 12.1% | rising |
| 17 | Nicaragua | 15.9% | 2024 | up 53.7% | volatile |
| 18 | Mexico | 15.6% | 2025 | down 5.4% | rising |
| 19 | Oman | 14.4% | 2024 | up 23.8% | rising |
| 20 | Ghana | 14.2% | 2025 | up 779.3% | volatile |
| 21 | El Salvador | 14.1% | 2025 | down 21.6% | rising |
| 22 | Ecuador | 14.0% | 2025 | up 0.2% | rising |
| 23 | Belize | 14.0% | 2025 | down 30.0% | rising |
| 24 | Kenya | 13.8% | 2024 | up 61.7% | rising |
| 25 | Saint Vincent and the Grenadines | 13.3% | 2025 | up 33.9% | rising |
| 26 | Ethiopia | 13.3% | 2024 | up 223.1% | rising |
| 27 | Dominica | 13.0% | 2025 | up 3.3% | rising |
| 28 | New Zealand | 13.0% | 2025 | up 45.9% | rising |
| 29 | Japan | 12.7% | 2025 | up 110.5% | rising |
| 30 | Yemen | 12.4% | 2016 | up 70.1% | rising |
| 31 | Togo | 12.1% | 2020 | up 12.7% | rising |
| 32 | Dominican Republic | 11.9% | 2025 | down 26.8% | volatile |
| 33 | Hong Kong, China | 11.9% | 2024 | up 49.5% | rising |
| 34 | Timor-Leste | 11.9% | 2025 | up 161.8% | volatile |
| 35 | Chile | 11.7% | 2025 | up 1.0% | volatile |
| 36 | Kyrgyzstan | 11.7% | 2024 | up 474.3% | volatile |
| 37 | Bahamas | 11.3% | 2024 | up 35.5% | volatile |
| 38 | Jordan | 11.3% | 2024 | up 4.3% | rising |
| 39 | Bhutan | 11.0% | 2024 | up 425.3% | volatile |
| 40 | Egypt | 11.0% | 2025 | up 11.2% | rising |
| 41 | Guatemala | 10.7% | 2024 | down 25.7% | rising |
| 42 | Philippines | 10.6% | 2025 | up 86.0% | volatile |
| 43 | Colombia | 10.6% | 2025 | down 10.1% | rising |
| 44 | Italy | 10.6% | 2025 | down 4.2% | falling |
| 45 | France | 10.4% | 2025 | up 85.7% | volatile |
| 46 | Bolivia, Plurinational State of | 10.3% | 2025 | up 49.0% | rising |
| 47 | Antigua and Barbuda | 10.2% | 2025 | up 14.3% | rising |
| 48 | Pakistan | 10.2% | 2025 | up 88.0% | volatile |
| 49 | Burundi | 10.1% | 2025 | up 94.1% | volatile |
| 50 | Turks and Caicos Islands | 10.1% | 2018 | — | rising |
| 51 | Costa Rica | 10.0% | 2025 | down 19.6% | rising |
| 52 | United Kingdom of Great Britain and Northern Ireland | 9.7% | 2025 | up 3.2% | rising |
| 53 | Armenia | 9.6% | 2025 | up 165.1% | rising |
| 54 | Indonesia | 9.5% | 2025 | up 73.3% | rising |
| 55 | Sierra Leone | 9.4% | 2024 | up 101.2% | flat |
| 56 | Sao Tome and Principe | 9.4% | 2024 | up 648.4% | falling |
| 57 | Iran, Islamic Republic of | 9.3% | 2000 | down 7.9% | rising |
| 58 | Cameroon | 9.2% | 2024 | up 39.2% | rising |
| 59 | Liberia | 9.1% | 2024 | up 29.7% | volatile |
| 60 | Samoa | 9.1% | 2025 | down 6.7% | volatile |
| 61 | Grenada | 9.0% | 2025 | up 21.7% | rising |
| 62 | Canada | 8.9% | 2025 | down 12.7% | rising |
| 63 | Belgium | 8.9% | 2025 | up 31.8% | rising |
| 64 | Cambodia | 8.8% | 2025 | up 40.3% | rising |
| 65 | Ireland | 8.8% | 2024 | down 21.8% | falling |
| 66 | Türkiye | 8.7% | 2024 | down 40.7% | rising |
| 67 | Kuwait | 8.6% | 2025 | up 128.7% | volatile |
| 68 | Greece | 8.6% | 2024 | down 21.2% | rising |
| 69 | Nigeria | 8.5% | 2025 | up 15.0% | rising |
| 70 | Honduras | 8.3% | 2025 | up 27.7% | volatile |
| 71 | Germany | 8.3% | 2025 | up 25.4% | volatile |
| 72 | Guinea | 7.9% | 2024 | down 3.5% | volatile |
| 73 | Peru | 7.9% | 2025 | down 1.1% | falling |
| 74 | Central African Republic | 7.9% | 1994 | up 17.6% | rising |
| 75 | Tanzania, United Republic of | 7.8% | 2024 | up 293.6% | falling |
| 76 | Zambia | 7.8% | 2024 | down 13.2% | volatile |
| 77 | Fiji | 7.8% | 2024 | up 7.7% | falling |
| 78 | Georgia | 7.7% | 2025 | down 6.6% | flat |
| 79 | Saint Lucia | 7.4% | 2025 | down 8.0% | rising |
| 80 | Thailand | 7.1% | 2025 | up 32.7% | rising |
| 81 | Zimbabwe | 7.0% | 2024 | down 21.9% | volatile |
| 82 | Angola | 6.8% | 2025 | up 105.9% | volatile |
| 83 | Netherlands | 6.6% | 2024 | up 8.4% | volatile |
| 84 | Mauritius | 6.6% | 2024 | down 13.6% | volatile |
| 85 | Mozambique | 6.6% | 2024 | up 94.3% | volatile |
| 86 | Lebanon | 6.5% | 2023 | down 29.0% | volatile |
| 87 | Comoros | 6.5% | 2023 | down 46.3% | rising |
| 88 | Uruguay | 6.5% | 2025 | up 1.9% | rising |
| 89 | Saudi Arabia | 6.5% | 2025 | up 53.5% | volatile |
| 90 | Senegal | 6.5% | 2023 | down 35.7% | rising |
| 91 | Andorra | 6.5% | 2024 | up 126.8% | rising |
| 92 | Singapore | 6.4% | 2025 | up 35.0% | rising |
| 93 | Maldives | 6.4% | 2024 | up 29.8% | volatile |
| 94 | Bulgaria | 6.3% | 2025 | down 49.4% | rising |
| 95 | Slovenia | 6.3% | 2025 | up 18.5% | rising |
| 96 | Barbados | 6.3% | 2017 | up 12.2% | rising |
| 97 | Paraguay | 6.2% | 2025 | down 24.4% | flat |
| 98 | Aruba | 6.2% | 2023 | up 145.1% | volatile |
| 99 | Jamaica | 6.2% | 2024 | down 35.5% | falling |
| 100 | Iceland | 6.2% | 2025 | up 108.3% | falling |
| 101 | Czechia | 6.1% | 2025 | up 12.5% | falling |
| 102 | Palau | 6.1% | 2023 | up 120.8% | volatile |
| 103 | Kosovo | 6.1% | 2025 | down 27.0% | flat |
| 103 | Kosovo (UNSCR 1244) | 6.1% | 2025 | down 27.0% | flat |
| 105 | Spain | 6.0% | 2025 | down 33.2% | rising |
| 106 | Malaysia | 5.9% | 2024 | down 16.1% | rising |
| 107 | Gabon | 5.6% | 2015 | down 12.8% | rising |
| 108 | South Africa | 5.6% | 2025 | up 35.5% | falling |
| 109 | Kazakhstan | 5.5% | 2025 | up 225.2% | rising |
| 110 | Bangladesh | 5.5% | 2025 | down 14.5% | rising |
| 111 | Mongolia | 5.4% | 2024 | down 10.1% | volatile |
| 112 | Portugal | 5.4% | 2024 | down 27.0% | rising |
| 113 | Palestine, State of | 5.3% | 2025 | up 53.1% | rising |
| 114 | Croatia | 5.2% | 2024 | down 44.1% | rising |
| 115 | French Polynesia | 5.2% | 2016 | down 9.0% | rising |
| 116 | Poland | 5.2% | 2025 | down 16.5% | volatile |
| 117 | Bosnia and Herzegovina | 4.8% | 2025 | down 33.6% | falling |
| 118 | Switzerland | 4.8% | 2025 | down 17.2% | volatile |
| 119 | Vanuatu | 4.7% | 2022 | down 54.9% | flat |
| 120 | Hungary | 4.6% | 2025 | up 29.5% | falling |
| 121 | New Caledonia | 4.5% | 2016 | up 135.7% | rising |
| 122 | Finland | 4.5% | 2025 | down 29.4% | volatile |
| 123 | Nepal | 4.4% | 2024 | up 26.5% | rising |
| 124 | Haiti | 4.4% | 2024 | up 728.2% | volatile |
| 125 | Romania | 4.3% | 2025 | down 14.5% | falling |
| 126 | Tuvalu | 4.3% | 2023 | down 0.3% | volatile |
| 127 | Austria | 4.3% | 2025 | down 21.5% | falling |
| 128 | Lithuania | 4.2% | 2025 | up 37.7% | rising |
| 129 | Malawi | 4.2% | 2024 | down 48.0% | volatile |
| 130 | Slovakia | 4.1% | 2025 | down 16.9% | falling |
| 131 | Mali | 4.0% | 2024 | up 124.8% | falling |
| 132 | Qatar | 4.0% | 2025 | down 54.6% | falling |
| 133 | Guinea-Bissau | 3.9% | 2024 | down 19.3% | falling |
| 134 | Côte d'Ivoire | 3.9% | 2024 | down 12.5% | falling |
| 135 | Rwanda | 3.8% | 2024 | up 315.4% | volatile |
| 136 | Venezuela, Bolivarian Republic of | 3.8% | 2016 | down 56.3% | rising |
| 137 | Syrian Arab Republic | 3.8% | 2010 | up 109.0% | volatile |
| 138 | Belarus | 3.8% | 2021 | down 30.1% | rising |
| 139 | Norway | 3.7% | 2025 | down 5.6% | rising |
| 140 | Solomon Islands | 3.7% | 2024 | down 6.2% | volatile |
| 141 | Curaçao | 3.7% | 2023 | up 41.9% | rising |
| 142 | Korea | 3.6% | 2025 | up 58.3% | volatile |
| 143 | Uzbekistan | 3.5% | 2025 | up 46.0% | falling |
| 144 | Sri Lanka | 3.5% | 2024 | down 70.2% | rising |
| 145 | Cape Verde | 3.5% | 2025 | down 30.7% | volatile |
| 146 | Tunisia | 3.5% | 2024 | down 60.1% | rising |
| 147 | Uganda | 3.4% | 2024 | up 6.1% | falling |
| 148 | Argentina | 3.4% | 2025 | down 14.7% | falling |
| 149 | Sudan | 3.4% | 2022 | down 63.1% | volatile |
| 150 | Albania | 3.2% | 2025 | up 2.4% | volatile |
| 151 | San Marino | 3.2% | 2023 | up 41.9% | rising |
| 152 | Ukraine | 3.2% | 2024 | down 56.2% | falling |
| 153 | Brazil | 3.2% | 2025 | down 4.2% | rising |
| 154 | China | 3.0% | 2025 | up 15.7% | volatile |
| 155 | Latvia | 3.0% | 2025 | down 60.5% | falling |
| 156 | Seychelles | 2.9% | 2024 | up 53.2% | volatile |
| 157 | India | 2.9% | 2025 | down 43.3% | rising |
| 158 | Azerbaijan | 2.7% | 2025 | up 46.9% | rising |
| 159 | Tonga | 2.7% | 2024 | down 61.1% | falling |
| 160 | Algeria | 2.7% | 2024 | up 16.8% | falling |
| 161 | Micronesia, Federated States of | 2.7% | 2014 | up 22.3% | rising |
| 162 | Benin | 2.7% | 2023 | down 10.6% | volatile |
| 163 | Malta | 2.6% | 2024 | down 92.2% | volatile |
| 164 | Djibouti | 2.6% | 2024 | down 37.8% | falling |
| 165 | Sweden | 2.5% | 2025 | down 27.9% | volatile |
| 166 | Australia | 2.4% | 2025 | down 45.1% | falling |
| 167 | Morocco | 2.3% | 2025 | down 13.3% | falling |
| 168 | Lesotho | 2.3% | 2025 | down 41.4% | rising |
| 169 | Brunei Darussalam | 2.3% | 2025 | up 227.9% | volatile |
| 170 | Suriname | 2.2% | 2025 | down 58.3% | rising |
| 171 | Estonia | 2.2% | 2025 | down 37.0% | falling |
| 172 | Kiribati | 2.1% | 2025 | down 12.1% | falling |
| 173 | Papua New Guinea | 2.1% | 2024 | down 70.6% | volatile |
| 174 | Lao People's Democratic Republic | 2.1% | 2024 | up 90.2% | volatile |
| 175 | Botswana | 2.1% | 2024 | up 352.5% | volatile |
| 176 | Congo | 2.1% | 2021 | down 30.7% | rising |
| 177 | Naoero | 2.0% | 2024 | up 210.3% | volatile |
| 178 | Sint Maarten (Dutch part) | 2.0% | 2023 | down 28.1% | rising |
| 179 | Republic of Moldova | 1.9% | 2025 | up 32.7% | volatile |
| 180 | Namibia | 1.9% | 2024 | down 32.1% | falling |
| 181 | Serbia | 1.6% | 2025 | down 54.7% | falling |
| 182 | Myanmar | 1.6% | 2019 | down 71.8% | volatile |
| 183 | Denmark | 1.6% | 2024 | down 16.7% | falling |
| 184 | Montenegro | 1.6% | 2025 | down 9.6% | volatile |
| 185 | Russian Federation | 1.6% | 2025 | down 59.0% | rising |
| 186 | Israel | 1.4% | 2025 | down 26.4% | volatile |
| 187 | Eswatini | 1.4% | 2024 | down 74.7% | volatile |
| 188 | Madagascar | 1.4% | 2024 | up 197.7% | volatile |
| 189 | Chad | 1.3% | 1994 | down 72.9% | rising |
| 190 | Afghanistan | 1.3% | 2020 | down 20.4% | volatile |
| 191 | Guyana | 1.2% | 2023 | down 89.7% | falling |
| 192 | North Macedonia | 1.1% | 2025 | down 68.0% | volatile |
| 193 | Niger | 1.0% | 2024 | down 27.5% | volatile |
| 194 | South Sudan | 0.9% | 2023 | down 94.8% | volatile |
| 195 | Faroe Islands | 0.8% | 2011 | down 91.8% | volatile |
| 196 | Marshall Islands | 0.3% | 2021 | down 87.7% | volatile |
| 197 | Mauritania | 0.0% | 2023 | down 94.3% | volatile |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- North America 18.0%
- Pre-demographic dividend 11.9%
- Euro area 11.5%
- OECD members 11.3%
- Post-demographic dividend 11.2%
- Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) 10.7%
- Middle East, North Africa, Afghanistan & Pakistan (excluding high income) 10.6%
- High income 10.6%
- European Union 10.3%
- Caribbean Small States 9.7%
- World 9.4%
- Heavily indebted poor countries (HIPC) 9.3%
- Europe & Central Asia 9.2%
- Arab World 9.0%
- Latin America & Caribbean 8.7%
- Latin America & the Caribbean (IDA & IBRD countries) 8.7%
- IDA only 8.7%
- Small states 8.6%
- Africa Eastern and Southern 8.4%
- Least developed countries 8.4%
- Sub-Saharan Africa (excluding high income) 8.3%
- Other small states 8.2%
- Sub-Saharan Africa 8.2%
- Sub-Saharan Africa (IDA & IBRD countries) 8.2%
- Latin America & Caribbean (excluding high income) 8.2%
- IDA total 8.1%
- Middle East, North Africa, Afghanistan & Pakistan 8.1%
- Africa Western and Central 8.0%
- IDA blend 7.4%
- Early-demographic dividend 7.0%
- Low income 6.6%
- Pacific island small states 6.5%
- East Asia & Pacific 5.9%
- Europe & Central Asia (excluding high income) 5.9%
- Low & middle income 5.2%
- Upper middle income 5.2%
- IDA & IBRD total 5.2%
- Middle income 5.2%
- Lower middle income 5.1%
- IBRD only 5.0%
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 imports which are services provided by non-residents to residents.