Insurance and financial services (% of commercial service exports) in Euro area
Euro area: Insurance and financial services (% of commercial service exports) was 9.7% in 2025. ▲ Rising
Insurance and financial services in Euro area, 1976–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
Euro area recorded 9.7% for insurance and financial services in 2025.
Compared with earlier readings it is up 0.8% on the previous year and up 16.8% over ten years.
Over the whole period, insurance and financial services in Euro area peaked at 10.9% in 2009 and was at its lowest, 2.5%, in 1983.
Euro area ranks 12th of 45 groups on this measure, in the top quarter.
The long-run direction has been consistently rising across the 50 years of available data.
Insurance and financial services (% of commercial service exports) in Euro area, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 1976 | 2.8% | — |
| 1977 | 2.6% | -6.9% |
| 1978 | 2.7% | +3.4% |
| 1979 | 2.6% | -3.8% |
| 1980 | 2.6% | -1.9% |
| 1981 | 2.8% | +9.0% |
| 1982 | 2.7% | -2.0% |
| 1983 | 2.5% | -9.4% |
| 1984 | 2.6% | +4.6% |
| 1985 | 2.7% | +4.9% |
| 1986 | 3.7% | +34.9% |
| 1987 | 3.8% | +3.5% |
| 1988 | 4.2% | +11.1% |
| 1989 | 4.2% | +0.1% |
| 1990 | 4.0% | -5.6% |
| 1991 | 6.8% | +71.0% |
| 1992 | 8.6% | +25.3% |
| 1993 | 8.4% | -2.1% |
| 1994 | 6.1% | -27.7% |
| 1995 | 6.2% | +3.0% |
| 1996 | 6.8% | +8.2% |
| 1997 | 7.1% | +4.5% |
| 1998 | 6.6% | -6.6% |
| 1999 | 7.5% | +13.0% |
| 2000 | 7.2% | -3.3% |
| 2001 | 6.3% | -13.1% |
| 2002 | 8.3% | +32.6% |
| 2003 | 7.3% | -12.3% |
| 2004 | 9.2% | +25.9% |
| 2005 | 8.9% | -3.3% |
| 2006 | 9.6% | +8.5% |
| 2007 | 9.8% | +2.2% |
| 2008 | 9.6% | -2.4% |
| 2009 | 10.9% | +13.9% |
| 2010 | 10.2% | -6.6% |
| 2011 | 10.1% | -0.8% |
| 2012 | 10.3% | +2.2% |
| 2013 | 9.4% | -8.8% |
| 2014 | 8.5% | -9.5% |
| 2015 | 8.3% | -2.7% |
| 2016 | 8.5% | +2.9% |
| 2017 | 7.9% | -7.0% |
| 2018 | 7.8% | -2.1% |
| 2019 | 7.8% | +0.4% |
| 2020 | 9.4% | +20.3% |
| 2021 | 9.2% | -2.3% |
| 2022 | 8.4% | -8.9% |
| 2023 | 9.3% | +11.8% |
| 2024 | 9.6% | +2.9% |
| 2025 | 9.7% | +0.8% |
Biggest year-on-year movements
Years where Insurance and financial services (% of commercial service exports) in Euro area 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 |
|---|---|---|---|
| 1991 | +71.0% | 4.0% | 6.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.7% | 2.6% | 2.8% | 4 |
| 1980s | 3.2% | 2.5% | 4.2% | 10 |
| 1990s | 6.8% | 4.0% | 8.6% | 10 |
| 2000s | 8.7% | 6.3% | 10.9% | 10 |
| 2010s | 8.9% | 7.8% | 10.3% | 10 |
| 2020s | 9.3% | 8.4% | 9.7% | 6 |
Countries ranked near Euro area
- 9 Nigeria 25.3% compare
- 10 United Kingdom 25.2% compare
- 11 Guinea-Bissau 21.6% compare
- 12 Switzerland 21.3% compare
- 13 Haiti 21.1% compare
- 14 United States 20.5% compare
- 15 Cyprus 19.7% compare
More private sector data for Euro area
- Merchandise trade 69.0% (2025)
- Food imports 11.6% (2025)
- Manufactures imports 70.6% (2025)
- Merchandise imports 6.09 trillion current US$ (2025)
- Commercial service imports 2.75 trillion current US$ (2025)
- Food exports 11.5% (2025)
- Manufactures exports 76.0% (2025)
- Merchandise exports 6.33 trillion current US$ (2025)
- Commercial service exports 3.05 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 17,654 current US$ per person (2025)
Frequently asked questions
- What is insurance and financial services in Euro area?
- Insurance and financial services in Euro area was 9.7% 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 Euro area?
- The highest recorded value was 10.9% in 2009.
- What is the lowest insurance and financial services recorded in Euro area?
- The lowest recorded value was 2.5% in 1983.
- How does Euro area rank for insurance and financial services?
- Euro area ranks 12th out of 45 groups with data for 2025.
- Is insurance and financial services rising or falling in Euro area?
- Over the last ten years it is up 16.8%. The long-run trend across the full record is rising.
- Where does this Euro area 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.