Insurance and financial services in IBRD only

IBRD only: Insurance and financial services was 5.0% in 2025. ▲ Rising

Latest (2025)
5.0%
Change on year
down 12.0%
Rank
40th
of 47 groups
All-time high
8.1%
in 2010
All-time low
4.9%
in 1992
Years of data
44
1982–2025

Insurance and financial services in IBRD only, 1982–2025

024681982200320251982: 5.7 % of service imports, BoP1983: 6 % of service imports, BoP1984: 6 % of service imports, BoP1985: 5.7 % of service imports, BoP1986: 5.9 % of service imports, BoP1987: 6.3 % of service imports, BoP1988: 5.9 % of service imports, BoP1989: 5.4 % of service imports, BoP1990: 5.3 % of service imports, BoP1991: 5.3 % of service imports, BoP1992: 4.9 % of service imports, BoP1993: 5.6 % of service imports, BoP1994: 6 % of service imports, BoP1995: 7.5 % of service imports, BoP1996: 6.2 % of service imports, BoP1997: 7.3 % of service imports, BoP1998: 6.2 % of service imports, BoP1999: 6 % of service imports, BoP2000: 6.6 % of service imports, BoP2001: 6.9 % of service imports, BoP2002: 7.2 % of service imports, BoP2003: 7.3 % of service imports, BoP2004: 7.1 % of service imports, BoP2005: 7.1 % of service imports, BoP2006: 7.4 % of service imports, BoP2007: 7.5 % of service imports, BoP2008: 7.4 % of service imports, BoP2009: 7.7 % of service imports, BoP2010: 8.1 % of service imports, BoP2011: 8 % of service imports, BoP2012: 7.5 % of service imports, BoP2013: 7.5 % of service imports, BoP2014: 6.7 % of service imports, BoP2015: 5.6 % of service imports, BoP2016: 5.7 % of service imports, BoP2017: 5.5 % of service imports, BoP2018: 5.1 % of service imports, BoP2019: 5.4 % of service imports, BoP2020: 7.1 % of service imports, BoP2021: 7.2 % of service imports, BoP2022: 6.6 % of service imports, BoP2023: 6.1 % of service imports, BoP2024: 5.7 % of service imports, BoP2025: 5 % of service imports, BoP

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 IBRD only stood at 5.0%.

Compared with earlier readings it is down 12.0% on the previous year and down 10.4% over ten years.

Over the whole period, insurance and financial services in IBRD only peaked at 8.1% in 2010 and was at its lowest, 4.9%, in 1992.

IBRD only ranks 40th 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 IBRD only, year by year

Annual values for Insurance and financial services (% of service imports, BoP) in IBRD only, 1982 to 2025.
Year % of service imports, BoP Change
1982 5.7%
1983 6.0% +3.8%
1984 6.0% +1.3%
1985 5.7% -5.8%
1986 5.9% +4.5%
1987 6.3% +6.5%
1988 5.9% -7.1%
1989 5.4% -7.7%
1990 5.3% -2.1%
1991 5.3% +0.0%
1992 4.9% -7.6%
1993 5.6% +14.5%
1994 6.0% +6.0%
1995 7.5% +25.6%
1996 6.2% -17.8%
1997 7.3% +18.2%
1998 6.2% -15.1%
1999 6.0% -3.5%
2000 6.6% +10.3%
2001 6.9% +5.1%
2002 7.2% +3.5%
2003 7.3% +1.4%
2004 7.1% -2.4%
2005 7.1% -0.4%
2006 7.4% +5.1%
2007 7.5% +1.1%
2008 7.4% -1.4%
2009 7.7% +4.9%
2010 8.1% +5.2%
2011 8.0% -2.0%
2012 7.5% -6.6%
2013 7.5% -0.1%
2014 6.7% -10.5%
2015 5.6% -16.8%
2016 5.7% +3.4%
2017 5.5% -3.7%
2018 5.1% -7.0%
2019 5.4% +4.8%
2020 7.1% +32.5%
2021 7.2% +1.5%
2022 6.6% -8.5%
2023 6.1% -7.9%
2024 5.7% -7.3%
2025 5.0% -12.0%

Averages by decade

DecadeAverage LowestHighest Years
1980s 5.9% 5.4% 6.3% 8
1990s 6.0% 4.9% 7.5% 10
2000s 7.2% 6.6% 7.7% 10
2010s 6.5% 5.1% 8.1% 10
2020s 6.3% 5.0% 7.2% 6

Countries ranked near IBRD only

  1. 37 Bahamas 11.3% compare
  2. 38 Jordan 11.3% compare
  3. 39 Bhutan 11.0% compare
  4. 40 Egypt 11.0% compare
  5. 41 Guatemala 10.7% compare
  6. 42 Philippines 10.6% compare
  7. 43 Colombia 10.6% compare

See the full ranking of 244 places →

More economy & growth data for IBRD only

All data for IBRD only →

Frequently asked questions

What is insurance and financial services in IBRD only?
Insurance and financial services in IBRD only was 5.0% 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 IBRD only?
The highest recorded value was 8.1% in 2010.
What is the lowest insurance and financial services recorded in IBRD only?
The lowest recorded value was 4.9% in 1992.
How does IBRD only rank for insurance and financial services?
IBRD only ranks 40th out of 47 groups with data for 2025.
Is insurance and financial services rising or falling in IBRD only?
Over the last ten years it is down 10.4%. The long-run trend across the full record is rising.
Where does this IBRD only 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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Insurance and financial services in IBRD only. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 14 September 2026, from https://economy.statizoid.com/stat/insurance-and-financial-services-percent-of-service-imports-bop/ibrd-only/

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About this data

Indicator
Insurance and financial services (% of service imports, BoP)
Unit
% of service imports, BoP
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 9,395 data points, 1960–2025
Last refreshed

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.