Insurance and financial services in IBRD only
IBRD only: Insurance and financial services was 3.2% in 2025. ▼ Falling
Insurance and financial services in IBRD only, 1982–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
IBRD only recorded 3.2% for insurance and financial services in 2025.
The figure is down 6.4% on the previous year and down 20.6% over ten years.
Over the whole period, insurance and financial services in IBRD only peaked at 7.2% in 1995 and was at its lowest, 2.0%, in 2004.
That places IBRD only 35th out of 45 groups with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 44 years of available data.
Insurance and financial services in IBRD only, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 1982 | 6.4% | — |
| 1983 | 6.2% | -4.4% |
| 1984 | 6.0% | -2.0% |
| 1985 | 6.0% | -1.0% |
| 1986 | 5.3% | -10.9% |
| 1987 | 5.1% | -3.4% |
| 1988 | 6.5% | +26.0% |
| 1989 | 6.1% | -6.6% |
| 1990 | 3.6% | -39.7% |
| 1991 | 4.5% | +22.8% |
| 1992 | 4.4% | -2.6% |
| 1993 | 3.9% | -10.9% |
| 1994 | 6.3% | +62.9% |
| 1995 | 7.2% | +13.3% |
| 1996 | 2.4% | -66.6% |
| 1997 | 2.2% | -8.2% |
| 1998 | 2.9% | +32.1% |
| 1999 | 2.7% | -8.6% |
| 2000 | 2.8% | +6.9% |
| 2001 | 2.5% | -10.3% |
| 2002 | 2.3% | -11.2% |
| 2003 | 2.3% | +2.8% |
| 2004 | 2.0% | -13.3% |
| 2005 | 2.5% | +24.4% |
| 2006 | 2.4% | -5.8% |
| 2007 | 2.9% | +23.2% |
| 2008 | 2.9% | -0.1% |
| 2009 | 3.0% | +3.7% |
| 2010 | 3.3% | +8.0% |
| 2011 | 3.4% | +5.2% |
| 2012 | 3.5% | +2.8% |
| 2013 | 4.0% | +14.6% |
| 2014 | 4.2% | +5.0% |
| 2015 | 4.0% | -5.9% |
| 2016 | 3.7% | -6.9% |
| 2017 | 3.8% | +3.6% |
| 2018 | 3.7% | -2.8% |
| 2019 | 3.7% | +0.4% |
| 2020 | 4.7% | +24.4% |
| 2021 | 4.5% | -3.2% |
| 2022 | 3.9% | -14.6% |
| 2023 | 3.8% | -1.2% |
| 2024 | 3.4% | -11.1% |
| 2025 | 3.2% | -6.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 6.0% | 5.1% | 6.5% | 8 |
| 1990s | 4.0% | 2.2% | 7.2% | 10 |
| 2000s | 2.6% | 2.0% | 3.0% | 10 |
| 2010s | 3.7% | 3.3% | 4.2% | 10 |
| 2020s | 3.9% | 3.2% | 4.7% | 6 |
Countries ranked near IBRD only
- 32 Iran, Islamic Republic of 10.7% compare
- 33 Guyana 10.5% compare
- 34 Tajikistan 10.5% compare
- 35 Niger 10.4% compare
- 36 Panama 9.9% compare
- 37 South Africa 9.8% compare
- 38 Canada 9.8% compare
More private sector data for IBRD only
- Merchandise trade 42.3% (2025)
- Food imports 8.7% (2024)
- Manufactures imports 59.5% (2024)
- Merchandise imports 8.75 trillion current US$ (2025)
- Food exports 10.4% (2024)
- Manufactures exports 73.4% (2024)
- Merchandise exports 9.47 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 1,891 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2199 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 5.68 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in IBRD only?
- Insurance and financial services in IBRD only was 3.2% 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 IBRD only?
- The highest recorded value was 7.2% in 1995.
- What is the lowest insurance and financial services recorded in IBRD only?
- The lowest recorded value was 2.0% in 2004.
- How does IBRD only rank for insurance and financial services?
- IBRD only ranks 35th out of 45 groups with data for 2025.
- Is insurance and financial services rising or falling in IBRD only?
- Over the last ten years it is down 20.6%. The long-run trend across the full record is falling.
- Where does this IBRD only 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.