Insurance and financial services in Germany
Germany: Insurance and financial services was 8.3% in 2025. ◆ Volatile
Insurance and financial services in Germany, 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 Germany stood at 8.3%.
Compared with earlier readings it is up 5.9% on the previous year and up 25.4% over ten years.
Over the whole period, insurance and financial services in Germany peaked at 8.8% in 2021 and was at its lowest, 0.5%, in 1976.
Germany ranks 71st of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance and financial services in Germany, year by year
| Year | % of service imports, BoP | Change |
|---|---|---|
| 1976 | 0.5% | — |
| 1977 | 0.5% | +0.4% |
| 1978 | 0.5% | +3.0% |
| 1979 | 0.5% | -0.3% |
| 1980 | 0.9% | +60.8% |
| 1981 | 0.8% | -7.5% |
| 1982 | 0.7% | -9.6% |
| 1983 | 0.8% | +13.3% |
| 1984 | 0.9% | +14.3% |
| 1985 | 1.1% | +11.7% |
| 1986 | 1.2% | +16.5% |
| 1987 | 1.3% | +2.7% |
| 1988 | 1.5% | +15.4% |
| 1989 | 1.2% | -15.0% |
| 1990 | 1.0% | -21.8% |
| 1999 | 4.0% | +312.7% |
| 2000 | 3.2% | -20.3% |
| 2001 | 3.4% | +5.9% |
| 2002 | 3.7% | +9.2% |
| 2003 | 3.5% | -4.9% |
| 2004 | 4.7% | +33.5% |
| 2005 | 4.9% | +4.7% |
| 2006 | 5.4% | +10.7% |
| 2007 | 6.2% | +14.4% |
| 2008 | 5.6% | -8.5% |
| 2009 | 6.1% | +8.8% |
| 2010 | 5.7% | -6.7% |
| 2011 | 6.4% | +11.7% |
| 2012 | 6.1% | -5.1% |
| 2013 | 6.3% | +4.0% |
| 2014 | 6.9% | +9.1% |
| 2015 | 6.6% | -4.4% |
| 2016 | 6.3% | -4.2% |
| 2017 | 5.6% | -11.3% |
| 2018 | 5.9% | +5.2% |
| 2019 | 6.1% | +2.6% |
| 2020 | 8.2% | +36.0% |
| 2021 | 8.8% | +6.9% |
| 2022 | 7.5% | -15.3% |
| 2023 | 7.9% | +6.2% |
| 2024 | 7.8% | -1.4% |
| 2025 | 8.3% | +5.9% |
Germany compared with similar countries
- Germany's 8.3% is above the median for high income countries, which is 6.2%, 1.3× the median. (72 countries reporting)
- Germany's 8.3% is above the median for Europe & Central Asia, which is 5.2%, 1.6× the median. (51 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services in Germany 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 |
|---|---|---|---|
| 1999 | +312.7% | 1.0% | 4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.5% | 0.5% | 0.5% | 4 |
| 1980s | 1.0% | 0.7% | 1.5% | 10 |
| 1990s | 2.5% | 1.0% | 4.0% | 2 |
| 2000s | 4.7% | 3.2% | 6.2% | 10 |
| 2010s | 6.2% | 5.6% | 6.9% | 10 |
| 2020s | 8.1% | 7.5% | 8.8% | 6 |
Countries ranked near Germany
More economy & growth data for Germany
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.7761 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.6565 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 108.13 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0214 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,295 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 95.19 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 51.97 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0188 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,140 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 51.4 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Germany?
- Insurance and financial services in Germany was 8.3% 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 Germany?
- The highest recorded value was 8.8% in 2021.
- What is the lowest insurance and financial services recorded in Germany?
- The lowest recorded value was 0.5% in 1976.
- How does Germany rank for insurance and financial services?
- Germany ranks 71st out of 197 countries with data for 2025.
- Is insurance and financial services rising or falling in Germany?
- Over the last ten years it is up 25.4%. The long-run trend across the full record is volatile.
- Where does this Germany 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
CSV · JSON — 42 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.