Insurance and financial services in East Asia & Pacific (IDA & IBRD countries)
East Asia & Pacific (IDA & IBRD countries): Insurance and financial services was 4.3% in 2025. ▲ Rising
Insurance and financial services in East Asia & Pacific (IDA & IBRD countries), 1982–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service imports, BoP.
Analysis
The most recent figure for insurance and financial services in East Asia & Pacific (IDA & IBRD countries) is 4.3%, measured in 2025.
The figure is down 4.0% on the previous year and up 26.1% over ten years.
Over the whole period, insurance and financial services in East Asia & Pacific (IDA & IBRD countries) peaked at 8.8% in 1995 and was at its lowest, 2.7%, in 1996.
East Asia & Pacific (IDA & IBRD countries) ranks 43rd of 47 groups on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 44 years of available data.
Insurance and financial services in East Asia & Pacific (IDA & IBRD countries), year by year
| Year | % of service imports, BoP | Change |
|---|---|---|
| 1982 | 3.9% | — |
| 1983 | 4.3% | +12.0% |
| 1984 | 3.9% | -9.5% |
| 1985 | 3.1% | -19.8% |
| 1986 | 3.8% | +20.7% |
| 1987 | 4.4% | +15.8% |
| 1988 | 4.7% | +7.9% |
| 1989 | 4.5% | -5.6% |
| 1990 | 4.0% | -10.7% |
| 1991 | 4.5% | +12.2% |
| 1992 | 4.0% | -10.6% |
| 1993 | 3.7% | -7.8% |
| 1994 | 6.4% | +73.1% |
| 1995 | 8.8% | +37.9% |
| 1996 | 2.7% | -69.1% |
| 1997 | 3.8% | +39.6% |
| 1998 | 4.7% | +24.0% |
| 1999 | 4.7% | -1.6% |
| 2000 | 4.9% | +4.3% |
| 2001 | 5.0% | +3.7% |
| 2002 | 5.3% | +4.7% |
| 2003 | 6.2% | +17.1% |
| 2004 | 6.6% | +7.4% |
| 2005 | 6.6% | -0.1% |
| 2006 | 7.2% | +8.2% |
| 2007 | 6.8% | -5.3% |
| 2008 | 7.0% | +2.7% |
| 2009 | 6.9% | -0.6% |
| 2010 | 8.1% | +17.1% |
| 2011 | 7.7% | -4.9% |
| 2012 | 7.5% | -2.7% |
| 2013 | 7.3% | -3.2% |
| 2014 | 6.2% | -14.9% |
| 2015 | 3.4% | -44.7% |
| 2016 | 4.0% | +18.4% |
| 2017 | 3.6% | -10.4% |
| 2018 | 3.5% | -4.2% |
| 2019 | 3.7% | +7.6% |
| 2020 | 5.4% | +44.9% |
| 2021 | 6.4% | +17.3% |
| 2022 | 6.3% | -1.7% |
| 2023 | 5.2% | -17.2% |
| 2024 | 4.5% | -13.2% |
| 2025 | 4.3% | -4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 4.1% | 3.1% | 4.7% | 8 |
| 1990s | 4.7% | 2.7% | 8.8% | 10 |
| 2000s | 6.2% | 4.9% | 7.2% | 10 |
| 2010s | 5.5% | 3.4% | 8.1% | 10 |
| 2020s | 5.3% | 4.3% | 6.4% | 6 |
Countries ranked near East Asia & Pacific (IDA & IBRD countries)
More economy & growth data for East Asia & Pacific (IDA & IBRD countries)
- Services, value added (constant 2015 US$), per capita 5,894 constant 2015 US$ per person (2025)
- Services, value added (current US$), annual growth rate 6 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5649 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 6,195 current US$ per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 5.42 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5375 constant 2015 US$ per US$ of GDP (2025)
- GDP (current US$), per capita 10,966 current US$ per person (2025)
- GDP (constant 2015 US$), per unit of GDP 0.9789 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), annual growth rate 4.94 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 3,980 constant 2015 US$ per person (2025)
Frequently asked questions
- What is insurance and financial services in East Asia & Pacific (IDA & IBRD countries)?
- Insurance and financial services in East Asia & Pacific (IDA & IBRD countries) was 4.3% 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 East Asia & Pacific (IDA & IBRD countries)?
- The highest recorded value was 8.8% in 1995.
- What is the lowest insurance and financial services recorded in East Asia & Pacific (IDA & IBRD countries)?
- The lowest recorded value was 2.7% in 1996.
- How does East Asia & Pacific (IDA & IBRD countries) rank for insurance and financial services?
- East Asia & Pacific (IDA & IBRD countries) ranks 43rd out of 47 groups with data for 2025.
- Is insurance and financial services rising or falling in East Asia & Pacific (IDA & IBRD countries)?
- Over the last ten years it is up 26.1%. The long-run trend across the full record is rising.
- Where does this East Asia & Pacific (IDA & IBRD countries) 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.
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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.