Insurance and financial services in United States
United States: Insurance and financial services was 19.7% in 2025. ◆ Volatile
Insurance and financial services in United States, 1970–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service imports, BoP.
Analysis
United States recorded 19.7% for insurance and financial services in 2025.
Compared with earlier readings it is up 4.5% on the previous year and up 18.3% over ten years.
Over the whole period, insurance and financial services in United States peaked at 21.9% in 2020 and was at its lowest, 1.0%, in 1974.
United States ranks 7th of 197 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance and financial services in United States, year by year
| Year | % of service imports, BoP | Change |
|---|---|---|
| 1970 | 1.4% | — |
| 1971 | 1.6% | +17.6% |
| 1972 | 1.5% | -5.0% |
| 1973 | 1.3% | -17.6% |
| 1974 | 1.0% | -19.2% |
| 1975 | 1.5% | +50.3% |
| 1976 | 2.1% | +39.4% |
| 1977 | 2.3% | +7.2% |
| 1978 | 2.5% | +10.7% |
| 1979 | 2.4% | -3.8% |
| 1980 | 2.1% | -13.6% |
| 1981 | 2.3% | +7.2% |
| 1982 | 2.4% | +4.5% |
| 1983 | 2.5% | +7.4% |
| 1984 | 2.5% | -1.7% |
| 1985 | 3.4% | +37.1% |
| 1986 | 5.0% | +45.6% |
| 1987 | 5.9% | +18.2% |
| 1988 | 4.3% | -25.8% |
| 1989 | 2.8% | -35.6% |
| 1990 | 3.7% | +33.0% |
| 1991 | 4.3% | +16.5% |
| 1992 | 4.4% | +0.4% |
| 1993 | 4.7% | +7.1% |
| 1994 | 5.0% | +7.7% |
| 1995 | 5.4% | +7.0% |
| 1996 | 5.4% | +1.3% |
| 1997 | 5.6% | +2.3% |
| 1998 | 6.4% | +14.8% |
| 1999 | 11.1% | +74.0% |
| 2000 | 12.6% | +12.9% |
| 2001 | 14.7% | +17.3% |
| 2002 | 15.9% | +8.0% |
| 2003 | 16.2% | +2.1% |
| 2004 | 16.6% | +1.9% |
| 2005 | 16.2% | -2.0% |
| 2006 | 19.0% | +17.1% |
| 2007 | 21.0% | +10.5% |
| 2008 | 20.9% | -0.4% |
| 2009 | 21.8% | +4.3% |
| 2010 | 20.8% | -4.7% |
| 2011 | 19.3% | -6.9% |
| 2012 | 18.6% | -3.7% |
| 2013 | 17.6% | -5.3% |
| 2014 | 17.4% | -1.1% |
| 2015 | 16.7% | -4.6% |
| 2016 | 16.7% | +0.6% |
| 2017 | 16.4% | -1.9% |
| 2018 | 15.1% | -8.4% |
| 2019 | 15.9% | +5.8% |
| 2020 | 21.9% | +37.8% |
| 2021 | 19.4% | -11.7% |
| 2022 | 16.8% | -13.1% |
| 2023 | 17.9% | +6.3% |
| 2024 | 18.9% | +5.2% |
| 2025 | 19.7% | +4.5% |
United States compared with similar countries
- United States's 19.7% is above the median for high income countries, which is 6.2%, 3.2× the median. (72 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.8% | 1.0% | 2.5% | 10 |
| 1980s | 3.3% | 2.1% | 5.9% | 10 |
| 1990s | 5.6% | 3.7% | 11.1% | 10 |
| 2000s | 17.5% | 12.6% | 21.8% | 10 |
| 2010s | 17.5% | 15.1% | 20.8% | 10 |
| 2020s | 19.1% | 16.8% | 21.9% | 6 |
Countries ranked near United States
More economy & growth data for United States
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.63 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.12 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 422.23 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0137 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,235 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 400.52 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 34.83 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.013 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,172 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 52.24 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in United States?
- Insurance and financial services in United States was 19.7% 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 United States?
- The highest recorded value was 21.9% in 2020.
- What is the lowest insurance and financial services recorded in United States?
- The lowest recorded value was 1.0% in 1974.
- How does United States rank for insurance and financial services?
- United States ranks 7th out of 197 countries with data for 2025.
- Is insurance and financial services rising or falling in United States?
- Over the last ten years it is up 18.3%. The long-run trend across the full record is volatile.
- Where does this United States 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 — 56 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.