Insurance and financial services in Central Europe and the Baltics
Central Europe and the Baltics: Insurance and financial services was 3.1% in 2025. ▼ Falling
Insurance and financial services in Central Europe and the Baltics, 1993–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
Central Europe and the Baltics recorded 3.1% for insurance and financial services in 2025.
That represents a change of up 8.9% on the previous year and up 13.9% over ten years.
Over the whole period, insurance and financial services in Central Europe and the Baltics peaked at 6.1% in 1998 and was at its lowest, 2.1%, in 2006.
That places Central Europe and the Baltics 36th out of 45 groups with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 33 years of available data.
Insurance and financial services in Central Europe and the Baltics, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 1993 | 3.9% | — |
| 1994 | 2.4% | -38.0% |
| 1995 | 4.3% | +78.2% |
| 1996 | 4.4% | +3.0% |
| 1997 | 5.7% | +27.8% |
| 1998 | 6.1% | +7.6% |
| 1999 | 4.2% | -30.2% |
| 2000 | 3.2% | -23.7% |
| 2001 | 2.9% | -12.0% |
| 2002 | 2.6% | -9.2% |
| 2003 | 2.3% | -11.4% |
| 2004 | 2.6% | +14.8% |
| 2005 | 2.5% | -5.3% |
| 2006 | 2.1% | -14.2% |
| 2007 | 2.4% | +11.2% |
| 2008 | 2.8% | +16.7% |
| 2009 | 2.5% | -8.5% |
| 2010 | 2.6% | +3.0% |
| 2011 | 2.7% | +3.7% |
| 2012 | 2.6% | -4.1% |
| 2013 | 2.5% | -3.8% |
| 2014 | 2.6% | +5.7% |
| 2015 | 2.8% | +3.9% |
| 2016 | 2.6% | -7.0% |
| 2017 | 2.5% | -2.2% |
| 2018 | 2.5% | -1.9% |
| 2019 | 2.3% | -4.7% |
| 2020 | 2.8% | +19.1% |
| 2021 | 2.7% | -4.2% |
| 2022 | 2.4% | -9.4% |
| 2023 | 2.8% | +15.0% |
| 2024 | 2.9% | +3.4% |
| 2025 | 3.1% | +8.9% |
Biggest year-on-year movements
Years where Insurance and financial services in Central Europe and the Baltics 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 |
|---|---|---|---|
| 1995 | +78.2% | 2.4% | 4.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.4% | 2.4% | 6.1% | 7 |
| 2000s | 2.6% | 2.1% | 3.2% | 10 |
| 2010s | 2.6% | 2.3% | 2.8% | 10 |
| 2020s | 2.8% | 2.4% | 3.1% | 6 |
Countries ranked near Central Europe and the Baltics
More private sector data for Central Europe and the Baltics
- Merchandise trade 100.1% (2025)
- Food imports 9.1% (2024)
- Manufactures imports 76.4% (2024)
- Merchandise imports 1.41 trillion current US$ (2025)
- Food exports 10.4% (2024)
- Manufactures exports 80.6% (2024)
- Merchandise exports 1.36 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 13,615 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.4919 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 8.42 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Central Europe and the Baltics?
- Insurance and financial services in Central Europe and the Baltics was 3.1% 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 Central Europe and the Baltics?
- The highest recorded value was 6.1% in 1998.
- What is the lowest insurance and financial services recorded in Central Europe and the Baltics?
- The lowest recorded value was 2.1% in 2006.
- How does Central Europe and the Baltics rank for insurance and financial services?
- Central Europe and the Baltics ranks 36th out of 45 groups with data for 2025.
- Is insurance and financial services rising or falling in Central Europe and the Baltics?
- Over the last ten years it is up 13.9%. The long-run trend across the full record is falling.
- Where does this Central Europe and the Baltics 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 commercial service exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Financial services covers services related to financial intermediation, financial risk management, liquidity transformation or auxiliary financial activities. It also includes insurance and pension scheme services which are services related to providing life insurance and annuities, non-life insurance, reinsurance, pensions, standardised guarantees and auxiliary services to insurance, pension schemes, and standardised guarantee schemes. This indicator is expressed as a percentage of service exports which are commercial services provided by residents to non-residents.