Insurance and financial services in Bangladesh
Bangladesh: Insurance and financial services was 5.5% in 2025. ▲ Rising
Insurance and financial services in Bangladesh, 1976–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service imports, BoP.
Analysis
In 2025, insurance and financial services in Bangladesh stood at 5.5%.
Compared with earlier readings it is down 13.9% on the previous year and down 14.5% over ten years.
Over the whole period, insurance and financial services in Bangladesh peaked at 16.5% in 2018 and was at its lowest, 1.2%, in 2008.
That places Bangladesh 110th out of 197 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 50 years of available data.
Insurance and financial services in Bangladesh, year by year
| Year | % of service imports, BoP | Change |
|---|---|---|
| 1976 | 6.5% | — |
| 1977 | 6.3% | -2.7% |
| 1978 | 6.0% | -4.5% |
| 1979 | 6.0% | -1.5% |
| 1980 | 6.0% | +1.0% |
| 1981 | 6.0% | -0.5% |
| 1982 | 5.7% | -5.0% |
| 1983 | 5.2% | -8.8% |
| 1984 | 5.7% | +9.2% |
| 1985 | 5.4% | -4.1% |
| 1986 | 5.0% | -8.5% |
| 1987 | 5.4% | +8.9% |
| 1988 | 5.0% | -7.0% |
| 1989 | 4.9% | -1.8% |
| 1990 | 5.2% | +5.4% |
| 1991 | 4.9% | -6.4% |
| 1992 | 4.9% | -0.4% |
| 1993 | 4.5% | -6.3% |
| 1994 | 4.7% | +4.1% |
| 1995 | 4.4% | -7.5% |
| 1996 | 8.5% | +94.5% |
| 1997 | 8.0% | -6.5% |
| 1998 | 8.1% | +1.8% |
| 1999 | 7.4% | -8.4% |
| 2000 | 7.4% | -0.6% |
| 2001 | 7.4% | -0.1% |
| 2002 | 7.3% | -0.8% |
| 2003 | 7.1% | -3.0% |
| 2004 | 7.4% | +3.8% |
| 2005 | 6.9% | -6.0% |
| 2006 | 7.7% | +11.0% |
| 2007 | 5.7% | -26.1% |
| 2008 | 1.2% | -79.3% |
| 2009 | 1.6% | +38.9% |
| 2010 | 1.6% | +0.1% |
| 2011 | 2.0% | +23.0% |
| 2012 | 5.1% | +152.8% |
| 2013 | 7.3% | +43.7% |
| 2014 | 10.5% | +44.2% |
| 2015 | 6.4% | -39.3% |
| 2016 | 11.5% | +79.3% |
| 2017 | 11.4% | -0.6% |
| 2018 | 16.5% | +45.2% |
| 2019 | 11.6% | -29.7% |
| 2020 | 7.6% | -34.6% |
| 2021 | 7.0% | -8.6% |
| 2022 | 6.9% | -1.0% |
| 2023 | 9.2% | +33.5% |
| 2024 | 6.3% | -31.0% |
| 2025 | 5.5% | -13.9% |
Bangladesh compared with similar countries
- Bangladesh's 5.5% is below the median for lower middle income countries, which is 6.5%, 84% of the median. (47 countries reporting)
- Bangladesh's 5.5% is above the median for South Asia, which is 4.9%, 1.1× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services in Bangladesh 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 |
|---|---|---|---|
| 2012 | +152.8% | 2.0% | 5.1% |
| 1996 | +94.5% | 4.4% | 8.5% |
| 2016 | +79.3% | 6.4% | 11.5% |
| 2008 | -79.3% | 5.7% | 1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.2% | 6.0% | 6.5% | 4 |
| 1980s | 5.4% | 4.9% | 6.0% | 10 |
| 1990s | 6.1% | 4.4% | 8.5% | 10 |
| 2000s | 6.0% | 1.2% | 7.7% | 10 |
| 2010s | 8.4% | 1.6% | 16.5% | 10 |
| 2020s | 7.1% | 5.5% | 9.2% | 6 |
Countries ranked near Bangladesh
More economy & growth data for Bangladesh
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 6.09 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 7 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 10.10 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.0575 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.85 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 44.47 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.004 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 10.51 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 33.5 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Bangladesh?
- Insurance and financial services in Bangladesh was 5.5% 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 Bangladesh?
- The highest recorded value was 16.5% in 2018.
- What is the lowest insurance and financial services recorded in Bangladesh?
- The lowest recorded value was 1.2% in 2008.
- How does Bangladesh rank for insurance and financial services?
- Bangladesh ranks 110th out of 197 countries with data for 2025.
- Is insurance and financial services rising or falling in Bangladesh?
- Over the last ten years it is down 14.5%. The long-run trend across the full record is rising.
- Where does this Bangladesh 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 imports, 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 imports which are services provided by non-residents to residents.