Insurance and financial services in Finland
Finland: Insurance and financial services was 1.4% in 2025. ◆ Volatile
Insurance and financial services in Finland, 1975–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
The most recent figure for insurance and financial services in Finland is 1.4%, measured in 2025.
That represents a change of down 0.9% on the previous year and down 26.4% over ten years.
Over the whole period, insurance and financial services in Finland peaked at 4.2% in 2011 and was at its lowest, -2.3%, in 1985.
Finland ranks 129th of 190 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance and financial services in Finland, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 1975 | 1.0% | — |
| 1976 | 1.6% | +59.6% |
| 1977 | 2.4% | +47.1% |
| 1978 | 3.9% | +65.6% |
| 1979 | 4.0% | +1.2% |
| 1980 | 2.9% | -26.5% |
| 1981 | 2.3% | -22.6% |
| 1982 | 3.2% | +39.9% |
| 1983 | 1.8% | -44.6% |
| 1984 | 0.1% | -95.6% |
| 1985 | -2.3% | -3061.7% |
| 1986 | 0.9% | -139.2% |
| 1987 | 0.5% | -43.4% |
| 1988 | 0.2% | -70.4% |
| 1989 | -0.6% | -493.3% |
| 1990 | 0.1% | -123.0% |
| 1991 | -0.7% | -600.7% |
| 1992 | 1.2% | -282.9% |
| 1993 | 0.7% | -42.5% |
| 1994 | 2.4% | +238.1% |
| 1995 | 2.0% | -18.4% |
| 1996 | -0.5% | -126.5% |
| 1997 | -1.5% | +180.2% |
| 1998 | -0.3% | -81.3% |
| 1999 | -0.1% | -51.6% |
| 2000 | -0.4% | +228.0% |
| 2001 | -0.4% | -0.6% |
| 2002 | -0.0% | -89.9% |
| 2003 | 0.6% | -1530.1% |
| 2004 | 2.0% | +215.4% |
| 2005 | 1.2% | -40.0% |
| 2006 | 1.5% | +30.3% |
| 2007 | 3.6% | +132.7% |
| 2008 | 3.2% | -9.0% |
| 2009 | 3.7% | +14.9% |
| 2010 | 3.6% | -4.3% |
| 2011 | 4.2% | +18.6% |
| 2012 | 3.0% | -29.9% |
| 2013 | 2.1% | -28.8% |
| 2014 | 1.8% | -13.6% |
| 2015 | 1.9% | +3.8% |
| 2016 | 2.0% | +3.4% |
| 2017 | 1.4% | -27.1% |
| 2018 | 1.5% | +5.9% |
| 2019 | 1.3% | -16.2% |
| 2020 | 1.4% | +11.1% |
| 2021 | 1.6% | +13.6% |
| 2022 | 1.5% | -3.6% |
| 2023 | 1.6% | +2.7% |
| 2024 | 1.4% | -11.1% |
| 2025 | 1.4% | -0.9% |
Finland compared with similar countries
- Finland's 1.4% is below the median for high income countries, which is 5.3%, 26% of the median. (69 countries reporting)
- Finland's 1.4% is below the median for Europe & Central Asia, which is 3.6%, 39% of the median. (51 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services in Finland 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 |
|---|---|---|---|
| 1985 | -3061.7% | 0.1% | -2.3% |
| 2003 | +1530.1% | -0.0% | 0.6% |
| 1991 | -600.7% | 0.1% | -0.7% |
| 1989 | -493.3% | 0.2% | -0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.6% | 1.0% | 4.0% | 5 |
| 1980s | 0.9% | -2.3% | 3.2% | 10 |
| 1990s | 0.3% | -1.5% | 2.4% | 10 |
| 2000s | 1.5% | -0.4% | 3.7% | 10 |
| 2010s | 2.3% | 1.3% | 4.2% | 10 |
| 2020s | 1.5% | 1.4% | 1.6% | 6 |
Countries ranked near Finland
More private sector data for Finland
- Merchandise trade 53.3% (2025)
- Food imports 8.8% (2024)
- Manufactures imports 63.5% (2024)
- Merchandise imports 84.86 billion current US$ (2025)
- Food exports 3.1% (2024)
- Manufactures exports 66.7% (2024)
- Merchandise exports 84.05 billion current US$ (2025)
- Merchandise exports (current US$), per capita 14,885 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2651 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.7 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Finland?
- Insurance and financial services in Finland was 1.4% 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 Finland?
- The highest recorded value was 4.2% in 2011.
- What is the lowest insurance and financial services recorded in Finland?
- The lowest recorded value was -2.3% in 1985.
- How does Finland rank for insurance and financial services?
- Finland ranks 129th out of 190 countries with data for 2025.
- Is insurance and financial services rising or falling in Finland?
- Over the last ten years it is down 26.4%. The long-run trend across the full record is volatile.
- Where does this Finland 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
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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.