Insurance and financial services in Middle income
Middle income: Insurance and financial services was 5.2% in 2025. ▲ Rising
Insurance and financial services in Middle income, 1982–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service imports, BoP.
Analysis
Middle income recorded 5.2% for insurance and financial services in 2025.
Compared with earlier readings it is down 11.9% on the previous year and down 5.5% over ten years.
Over the whole period, insurance and financial services in Middle income peaked at 8.0% in 2010 and was at its lowest, 5.0%, in 1992.
Middle income ranks 38th 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 Middle income, year by year
| Year | % of service imports, BoP | Change |
|---|---|---|
| 1982 | 5.6% | — |
| 1983 | 5.9% | +5.5% |
| 1984 | 6.0% | +2.3% |
| 1985 | 5.6% | -7.2% |
| 1986 | 5.9% | +6.2% |
| 1987 | 6.2% | +4.7% |
| 1988 | 5.9% | -5.6% |
| 1989 | 5.5% | -7.0% |
| 1990 | 5.3% | -2.7% |
| 1991 | 5.3% | -0.3% |
| 1992 | 5.0% | -4.9% |
| 1993 | 5.6% | +11.1% |
| 1994 | 6.3% | +12.0% |
| 1995 | 8.0% | +27.1% |
| 1996 | 6.4% | -20.1% |
| 1997 | 7.4% | +16.4% |
| 1998 | 6.0% | -18.5% |
| 1999 | 5.8% | -3.9% |
| 2000 | 6.6% | +14.5% |
| 2001 | 7.2% | +8.0% |
| 2002 | 7.3% | +1.4% |
| 2003 | 7.5% | +2.6% |
| 2004 | 7.2% | -2.9% |
| 2005 | 7.0% | -3.0% |
| 2006 | 7.3% | +4.5% |
| 2007 | 7.3% | -0.2% |
| 2008 | 7.4% | +0.9% |
| 2009 | 7.6% | +3.4% |
| 2010 | 8.0% | +4.6% |
| 2011 | 7.9% | -0.6% |
| 2012 | 7.6% | -4.8% |
| 2013 | 7.7% | +1.4% |
| 2014 | 6.9% | -10.4% |
| 2015 | 5.5% | -20.1% |
| 2016 | 5.7% | +4.4% |
| 2017 | 5.6% | -2.6% |
| 2018 | 5.2% | -6.7% |
| 2019 | 5.4% | +3.7% |
| 2020 | 7.2% | +32.5% |
| 2021 | 7.4% | +3.2% |
| 2022 | 6.7% | -9.7% |
| 2023 | 6.3% | -5.1% |
| 2024 | 5.9% | -7.0% |
| 2025 | 5.2% | -11.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.8% | 5.5% | 6.2% | 8 |
| 1990s | 6.1% | 5.0% | 8.0% | 10 |
| 2000s | 7.2% | 6.6% | 7.6% | 10 |
| 2010s | 6.5% | 5.2% | 8.0% | 10 |
| 2020s | 6.4% | 5.2% | 7.4% | 6 |
Countries ranked near Middle income
More economy & growth data for Middle income
- Foreign direct investment, net outflows (BoP, current US$), gaps 267.98 billion BoP, current US$ (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.081 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 2,171 current US$ per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 2.72 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.3019 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 2,046 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 5.25 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.242 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 1,641 current US$ per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 3.33 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Middle income?
- Insurance and financial services in Middle income was 5.2% 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 Middle income?
- The highest recorded value was 8.0% in 2010.
- What is the lowest insurance and financial services recorded in Middle income?
- The lowest recorded value was 5.0% in 1992.
- How does Middle income rank for insurance and financial services?
- Middle income ranks 38th out of 47 groups with data for 2025.
- Is insurance and financial services rising or falling in Middle income?
- Over the last ten years it is down 5.5%. The long-run trend across the full record is rising.
- Where does this Middle income 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.