Insurance and financial services in El Salvador
El Salvador: Insurance and financial services was 14.1% in 2025. ▲ Rising
Insurance and financial services in El Salvador, 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 El Salvador stood at 14.1%.
That represents a change of down 13.2% on the previous year and down 21.6% over ten years.
Over the whole period, insurance and financial services in El Salvador peaked at 26.4% in 2020 and was at its lowest, 6.7%, in 1996.
El Salvador ranks 21st of 197 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 50 years of available data.
Insurance and financial services in El Salvador, year by year
| Year | % of service imports, BoP | Change |
|---|---|---|
| 1976 | 9.8% | — |
| 1977 | 10.0% | +1.7% |
| 1978 | 7.6% | -23.8% |
| 1979 | 8.5% | +12.0% |
| 1980 | 11.2% | +32.1% |
| 1981 | 12.7% | +12.6% |
| 1982 | 11.3% | -10.5% |
| 1983 | 12.8% | +12.9% |
| 1984 | 14.4% | +12.5% |
| 1985 | 12.8% | -11.1% |
| 1986 | 11.2% | -12.9% |
| 1987 | 13.4% | +20.1% |
| 1988 | 12.9% | -3.9% |
| 1989 | 13.6% | +5.7% |
| 1990 | 11.3% | -16.8% |
| 1991 | 10.8% | -4.7% |
| 1992 | 11.1% | +2.7% |
| 1993 | 11.2% | +0.8% |
| 1994 | 11.1% | -1.0% |
| 1995 | 10.6% | -4.6% |
| 1996 | 6.7% | -36.1% |
| 1997 | 16.2% | +140.2% |
| 1998 | 13.9% | -14.1% |
| 1999 | 17.1% | +23.1% |
| 2000 | 15.6% | -8.9% |
| 2001 | 11.2% | -28.3% |
| 2002 | 12.5% | +11.6% |
| 2003 | 11.6% | -7.5% |
| 2004 | 12.9% | +11.6% |
| 2005 | 11.0% | -15.0% |
| 2006 | 11.6% | +5.7% |
| 2007 | 10.3% | -11.3% |
| 2008 | 11.6% | +13.1% |
| 2009 | 13.4% | +15.6% |
| 2010 | 12.1% | -9.8% |
| 2011 | 13.1% | +8.2% |
| 2012 | 16.0% | +21.7% |
| 2013 | 18.0% | +12.7% |
| 2014 | 20.4% | +13.4% |
| 2015 | 18.0% | -11.6% |
| 2016 | 16.8% | -6.6% |
| 2017 | 18.0% | +6.8% |
| 2018 | 18.6% | +3.1% |
| 2019 | 19.3% | +3.8% |
| 2020 | 26.4% | +36.9% |
| 2021 | 18.8% | -28.7% |
| 2022 | 13.4% | -28.6% |
| 2023 | 15.1% | +12.8% |
| 2024 | 16.3% | +7.5% |
| 2025 | 14.1% | -13.2% |
El Salvador compared with similar countries
- El Salvador's 14.1% is above the median for upper middle income countries, which is 6.2%, 2.3× the median. (55 countries reporting)
- El Salvador's 14.1% is above the median for Latin America & Caribbean, which is 10.1%, 1.4× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services in El Salvador 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 |
|---|---|---|---|
| 1997 | +140.2% | 6.7% | 16.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.0% | 7.6% | 10.0% | 4 |
| 1980s | 12.6% | 11.2% | 14.4% | 10 |
| 1990s | 12.0% | 6.7% | 17.1% | 10 |
| 2000s | 12.2% | 10.3% | 15.6% | 10 |
| 2010s | 17.0% | 12.1% | 20.4% | 10 |
| 2020s | 17.4% | 13.4% | 26.4% | 6 |
Countries ranked near El Salvador
More economy & growth data for El Salvador
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.92 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 318.29 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0087 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 50 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 763.72 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -27.33 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0208 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 119.98 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 30 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in El Salvador?
- Insurance and financial services in El Salvador was 14.1% 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 El Salvador?
- The highest recorded value was 26.4% in 2020.
- What is the lowest insurance and financial services recorded in El Salvador?
- The lowest recorded value was 6.7% in 1996.
- How does El Salvador rank for insurance and financial services?
- El Salvador ranks 21st out of 197 countries with data for 2025.
- Is insurance and financial services rising or falling in El Salvador?
- Over the last ten years it is down 21.6%. The long-run trend across the full record is rising.
- Where does this El Salvador 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.