Insurance and financial services in Brazil
Brazil: Insurance and financial services was 3.2% in 2025. ▲ Rising
Insurance and financial services in Brazil, 1975–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service imports, BoP.
Analysis
Brazil recorded 3.2% for insurance and financial services in 2025.
That represents a change of down 29.4% on the previous year and down 4.2% over ten years.
Over the whole period, insurance and financial services in Brazil peaked at 9.2% in 1995 and was at its lowest, 0.7%, in 1978.
Brazil ranks 153rd of 197 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 51 years of available data.
Insurance and financial services in Brazil, year by year
| Year | % of service imports, BoP | Change |
|---|---|---|
| 1975 | 2.1% | — |
| 1976 | 2.8% | +32.5% |
| 1977 | 2.1% | -23.4% |
| 1978 | 0.7% | -65.2% |
| 1979 | 0.8% | +9.1% |
| 1980 | 1.0% | +28.3% |
| 1981 | 1.3% | +20.8% |
| 1982 | 1.9% | +47.9% |
| 1983 | 2.0% | +6.1% |
| 1984 | 4.1% | +104.5% |
| 1985 | 3.6% | -11.6% |
| 1986 | 4.0% | +12.4% |
| 1987 | 5.6% | +39.0% |
| 1988 | 3.8% | -32.7% |
| 1989 | 2.9% | -22.9% |
| 1990 | 2.4% | -15.9% |
| 1991 | 2.7% | +8.9% |
| 1992 | 2.3% | -12.6% |
| 1993 | 7.2% | +207.4% |
| 1994 | 2.6% | -64.3% |
| 1995 | 9.2% | +261.2% |
| 1996 | 3.0% | -68.0% |
| 1997 | 8.7% | +192.7% |
| 1998 | 6.4% | -25.7% |
| 1999 | 6.1% | -5.2% |
| 2000 | 5.7% | -5.8% |
| 2001 | 6.2% | +8.6% |
| 2002 | 8.4% | +35.4% |
| 2003 | 8.3% | -1.4% |
| 2004 | 6.4% | -23.3% |
| 2005 | 5.8% | -9.1% |
| 2006 | 5.5% | -5.4% |
| 2007 | 5.6% | +1.2% |
| 2008 | 5.7% | +2.2% |
| 2009 | 7.2% | +26.7% |
| 2010 | 4.6% | -35.5% |
| 2011 | 4.3% | -7.3% |
| 2012 | 3.9% | -8.7% |
| 2013 | 3.4% | -12.4% |
| 2014 | 2.8% | -19.4% |
| 2015 | 3.3% | +19.2% |
| 2016 | 3.5% | +4.5% |
| 2017 | 2.8% | -17.8% |
| 2018 | 2.6% | -9.2% |
| 2019 | 3.2% | +22.4% |
| 2020 | 3.9% | +22.5% |
| 2021 | 4.5% | +17.4% |
| 2022 | 3.6% | -20.6% |
| 2023 | 4.3% | +20.6% |
| 2024 | 4.5% | +3.2% |
| 2025 | 3.2% | -29.4% |
Brazil compared with similar countries
- Brazil's 3.2% is below the median for upper middle income countries, which is 6.2%, 51% of the median. (55 countries reporting)
- Brazil's 3.2% is below the median for Latin America & Caribbean, which is 10.1%, 31% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services in Brazil 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 |
|---|---|---|---|
| 1995 | +261.2% | 2.6% | 9.2% |
| 1993 | +207.4% | 2.3% | 7.2% |
| 1997 | +192.7% | 3.0% | 8.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.7% | 0.7% | 2.8% | 5 |
| 1980s | 3.0% | 1.0% | 5.6% | 10 |
| 1990s | 5.1% | 2.3% | 9.2% | 10 |
| 2000s | 6.5% | 5.5% | 8.4% | 10 |
| 2010s | 3.4% | 2.6% | 4.6% | 10 |
| 2020s | 4.0% | 3.2% | 4.5% | 6 |
Countries ranked near Brazil
More economy & growth data for Brazil
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.56 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 30.18 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0132 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 141.79 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 77.68 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 4.84 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0341 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 365 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 8.73 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Brazil?
- Insurance and financial services in Brazil was 3.2% 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 Brazil?
- The highest recorded value was 9.2% in 1995.
- What is the lowest insurance and financial services recorded in Brazil?
- The lowest recorded value was 0.7% in 1978.
- How does Brazil rank for insurance and financial services?
- Brazil ranks 153rd out of 197 countries with data for 2025.
- Is insurance and financial services rising or falling in Brazil?
- Over the last ten years it is down 4.2%. The long-run trend across the full record is rising.
- Where does this Brazil 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.