Insurance and financial services in Late-demographic dividend
Late-demographic dividend: Insurance and financial services was 4.2% in 2025. ▲ Rising
Insurance and financial services in Late-demographic dividend, 1982–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service imports, BoP.
Analysis
Late-demographic dividend recorded 4.2% for insurance and financial services in 2025.
Compared with earlier readings it is down 27.6% on the previous year and down 22.1% over ten years.
Over the whole period, insurance and financial services in Late-demographic dividend peaked at 8.8% in 2006 and was at its lowest, 4.0%, in 1992.
That places Late-demographic dividend 45th out of 47 groups with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 44 years of available data.
Insurance and financial services in Late-demographic dividend, year by year
| Year | % of service imports, BoP | Change |
|---|---|---|
| 1982 | 4.5% | — |
| 1983 | 4.5% | -1.3% |
| 1984 | 4.8% | +6.5% |
| 1985 | 4.1% | -13.4% |
| 1986 | 4.5% | +9.6% |
| 1987 | 5.0% | +11.4% |
| 1988 | 4.8% | -4.1% |
| 1989 | 4.4% | -8.1% |
| 1990 | 4.2% | -4.6% |
| 1991 | 4.7% | +12.0% |
| 1992 | 4.0% | -15.8% |
| 1993 | 4.8% | +20.1% |
| 1994 | 5.5% | +15.4% |
| 1995 | 7.9% | +42.5% |
| 1996 | 4.0% | -49.4% |
| 1997 | 5.8% | +46.5% |
| 1998 | 6.1% | +4.6% |
| 1999 | 5.6% | -8.8% |
| 2000 | 5.5% | -1.1% |
| 2001 | 5.8% | +5.6% |
| 2002 | 5.9% | +1.6% |
| 2003 | 6.4% | +8.5% |
| 2004 | 6.2% | -2.6% |
| 2005 | 8.1% | +29.1% |
| 2006 | 8.8% | +8.6% |
| 2007 | 8.3% | -4.9% |
| 2008 | 7.8% | -6.1% |
| 2009 | 7.9% | +1.3% |
| 2010 | 8.5% | +7.1% |
| 2011 | 7.9% | -6.7% |
| 2012 | 7.7% | -2.9% |
| 2013 | 7.1% | -7.6% |
| 2014 | 6.6% | -7.3% |
| 2015 | 5.4% | -18.1% |
| 2016 | 5.6% | +4.1% |
| 2017 | 5.4% | -3.6% |
| 2018 | 5.6% | +4.0% |
| 2019 | 5.2% | -6.9% |
| 2020 | 6.8% | +29.2% |
| 2021 | 7.7% | +13.4% |
| 2022 | 7.2% | -6.2% |
| 2023 | 6.1% | -15.6% |
| 2024 | 5.8% | -4.5% |
| 2025 | 4.2% | -27.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 4.6% | 4.1% | 5.0% | 8 |
| 1990s | 5.3% | 4.0% | 7.9% | 10 |
| 2000s | 7.1% | 5.5% | 8.8% | 10 |
| 2010s | 6.5% | 5.2% | 8.5% | 10 |
| 2020s | 6.3% | 4.2% | 7.7% | 6 |
Countries ranked near Late-demographic dividend
More economy & growth data for Late-demographic dividend
- Services, value added (constant 2015 US$), per capita 7,047 constant 2015 US$ per person (2025)
- Services, value added (current US$), annual growth rate 7.62 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5766 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 7,887 current US$ per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 4.49 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5152 constant 2015 US$ per US$ of GDP (2025)
- GDP (current US$), per capita 13,677 current US$ per person (2025)
- GDP (constant 2015 US$), per unit of GDP 0.9096 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), annual growth rate 4.45 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 4,325 constant 2015 US$ per person (2025)
Frequently asked questions
- What is insurance and financial services in Late-demographic dividend?
- Insurance and financial services in Late-demographic dividend was 4.2% 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 Late-demographic dividend?
- The highest recorded value was 8.8% in 2006.
- What is the lowest insurance and financial services recorded in Late-demographic dividend?
- The lowest recorded value was 4.0% in 1992.
- How does Late-demographic dividend rank for insurance and financial services?
- Late-demographic dividend ranks 45th out of 47 groups with data for 2025.
- Is insurance and financial services rising or falling in Late-demographic dividend?
- Over the last ten years it is down 22.1%. The long-run trend across the full record is rising.
- Where does this Late-demographic dividend 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.