Insurance and financial services in East Asia & Pacific (excluding high income)
East Asia & Pacific (excluding high income): Insurance and financial services was 1.6% in 2025. ◆ Volatile
Insurance and financial services in East Asia & Pacific (excluding high income), 1982–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
East Asia & Pacific (excluding high income) recorded 1.6% for insurance and financial services in 2025.
That represents a change of down 19.5% on the previous year and down 45.6% over ten years.
Over the whole period, insurance and financial services in East Asia & Pacific (excluding high income) peaked at 9.0% in 1995 and was at its lowest, 0.4%, in 2002.
That places East Asia & Pacific (excluding high income) 43rd out of 45 groups with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance and financial services in East Asia & Pacific (excluding high income), year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 1982 | 6.9% | — |
| 1983 | 7.0% | +1.0% |
| 1984 | 6.7% | -4.2% |
| 1985 | 5.6% | -16.2% |
| 1986 | 5.2% | -6.2% |
| 1987 | 4.9% | -5.8% |
| 1988 | 6.1% | +22.5% |
| 1989 | 6.2% | +2.1% |
| 1990 | 3.3% | -47.0% |
| 1991 | 4.1% | +26.4% |
| 1992 | 4.4% | +6.8% |
| 1993 | 3.5% | -21.9% |
| 1994 | 8.6% | +149.3% |
| 1995 | 9.0% | +4.4% |
| 1996 | 0.6% | -93.3% |
| 1997 | 0.4% | -38.5% |
| 1998 | 0.6% | +71.5% |
| 1999 | 0.6% | +1.7% |
| 2000 | 0.5% | -30.0% |
| 2001 | 0.6% | +26.5% |
| 2002 | 0.4% | -36.3% |
| 2003 | 0.9% | +156.9% |
| 2004 | 0.8% | -10.2% |
| 2005 | 1.1% | +25.3% |
| 2006 | 0.9% | -14.3% |
| 2007 | 1.0% | +9.8% |
| 2008 | 1.1% | +14.2% |
| 2009 | 1.4% | +23.8% |
| 2010 | 1.7% | +20.8% |
| 2011 | 1.9% | +12.6% |
| 2012 | 2.4% | +25.9% |
| 2013 | 3.1% | +27.2% |
| 2014 | 3.6% | +16.6% |
| 2015 | 3.0% | -16.8% |
| 2016 | 3.1% | +4.2% |
| 2017 | 3.2% | +2.6% |
| 2018 | 3.2% | +0.7% |
| 2019 | 3.4% | +5.5% |
| 2020 | 3.8% | +13.0% |
| 2021 | 3.7% | -2.0% |
| 2022 | 3.0% | -18.5% |
| 2023 | 2.7% | -10.9% |
| 2024 | 2.0% | -25.9% |
| 2025 | 1.6% | -19.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 6.1% | 4.9% | 7.0% | 8 |
| 1990s | 3.5% | 0.4% | 9.0% | 10 |
| 2000s | 0.9% | 0.4% | 1.4% | 10 |
| 2010s | 2.8% | 1.7% | 3.6% | 10 |
| 2020s | 2.8% | 1.6% | 3.8% | 6 |
Countries ranked near East Asia & Pacific (excluding high income)
More private sector data for East Asia & Pacific (excluding high income)
- Merchandise trade 41.4% (2025)
- Food imports 8.5% (2024)
- Manufactures imports 53.6% (2024)
- Merchandise imports 4.19 trillion current US$ (2025)
- Food exports 5.1% (2024)
- Manufactures exports 85.4% (2024)
- Merchandise exports 5.42 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 2,528 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2332 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.69 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in East Asia & Pacific (excluding high income)?
- Insurance and financial services in East Asia & Pacific (excluding high income) was 1.6% 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 East Asia & Pacific (excluding high income)?
- The highest recorded value was 9.0% in 1995.
- What is the lowest insurance and financial services recorded in East Asia & Pacific (excluding high income)?
- The lowest recorded value was 0.4% in 2002.
- How does East Asia & Pacific (excluding high income) rank for insurance and financial services?
- East Asia & Pacific (excluding high income) ranks 43rd out of 45 groups with data for 2025.
- Is insurance and financial services rising or falling in East Asia & Pacific (excluding high income)?
- Over the last ten years it is down 45.6%. The long-run trend across the full record is volatile.
- Where does this East Asia & Pacific (excluding high 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 commercial service exports). Statizoid updates them automatically from the source API.
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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.