Insurance and financial services (% of commercial service exports) in IDA blend
IDA blend: Insurance and financial services (% of commercial service exports) was 15.4% in 2025. ◆ Volatile
Insurance and financial services in IDA blend, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
In 2025, insurance and financial services in IDA blend stood at 15.4%. That is the highest value across all 49 years on record.
That represents a change of up 0.4% on the previous year and up 120.5% over ten years.
Over the whole period, insurance and financial services in IDA blend peaked at 15.4% in 2025 and was at its lowest, 0.7%, in 1989.
That places IDA blend 3rd out of 45 groups with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance and financial services (% of commercial service exports) in IDA blend, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 1977 | 1.2% | — |
| 1978 | 4.2% | +243.1% |
| 1979 | 4.7% | +12.8% |
| 1980 | 4.5% | -5.4% |
| 1981 | 3.5% | -21.1% |
| 1982 | 2.7% | -23.8% |
| 1983 | 2.5% | -5.6% |
| 1984 | 2.8% | +10.1% |
| 1985 | 3.5% | +25.9% |
| 1986 | 1.2% | -64.5% |
| 1987 | 2.0% | +64.8% |
| 1988 | 2.0% | -1.4% |
| 1989 | 0.7% | -64.4% |
| 1990 | 1.0% | +41.1% |
| 1991 | 0.9% | -9.6% |
| 1992 | 1.0% | +11.8% |
| 1993 | 1.4% | +38.2% |
| 1994 | 1.0% | -27.8% |
| 1995 | 1.0% | -2.9% |
| 1996 | 1.2% | +20.3% |
| 1997 | 1.3% | +11.1% |
| 1998 | 1.0% | -27.0% |
| 1999 | 1.2% | +25.7% |
| 2000 | 1.1% | -7.6% |
| 2001 | 1.6% | +44.2% |
| 2002 | 1.4% | -11.5% |
| 2003 | 3.6% | +147.9% |
| 2004 | 4.2% | +17.3% |
| 2005 | 5.8% | +37.8% |
| 2006 | 4.5% | -21.2% |
| 2007 | 4.3% | -4.9% |
| 2008 | 4.0% | -6.7% |
| 2009 | 3.8% | -5.6% |
| 2010 | 2.8% | -25.8% |
| 2011 | 3.3% | +17.9% |
| 2012 | 3.1% | -6.3% |
| 2013 | 3.2% | +2.5% |
| 2014 | 3.8% | +19.6% |
| 2015 | 7.0% | +83.6% |
| 2016 | 6.3% | -10.6% |
| 2017 | 6.7% | +7.5% |
| 2018 | 11.0% | +63.2% |
| 2019 | 11.0% | -0.1% |
| 2020 | 13.5% | +22.6% |
| 2021 | 11.6% | -14.0% |
| 2022 | 11.5% | -0.9% |
| 2023 | 14.3% | +24.8% |
| 2024 | 15.4% | +7.4% |
| 2025 | 15.4% | +0.4% |
Biggest year-on-year movements
Years where Insurance and financial services (% of commercial service exports) in IDA blend 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 |
|---|---|---|---|
| 1978 | +243.1% | 1.2% | 4.2% |
| 2003 | +147.9% | 1.4% | 3.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.4% | 1.2% | 4.7% | 3 |
| 1980s | 2.5% | 0.7% | 4.5% | 10 |
| 1990s | 1.1% | 0.9% | 1.4% | 10 |
| 2000s | 3.4% | 1.1% | 5.8% | 10 |
| 2010s | 5.8% | 2.8% | 11.0% | 10 |
| 2020s | 13.6% | 11.5% | 15.4% | 6 |
Countries ranked near IDA blend
- 1 Libya 96.1% compare
- 2 Liberia 71.7% compare
- 3 Luxembourg 56.3% compare
- 4 Cayman Islands 55.2% compare
- 5 Sierra Leone 32.7% compare
- 6 Bahrain 29.0% compare
More private sector data for IDA blend
- Merchandise trade 33.7% (2025)
- Food imports 14.6% (2025)
- Manufactures imports 53.0% (2025)
- Merchandise imports 236.39 billion current US$ (2025)
- Commercial service imports 77.62 billion current US$ (2025)
- Food exports 19.1% (2025)
- Manufactures exports 23.4% (2025)
- Merchandise exports 191.60 billion current US$ (2025)
- Commercial service exports 42.19 billion current US$ (2025)
- Merchandise exports (current US$), per capita 277.76 current US$ per person (2025)
Frequently asked questions
- What is insurance and financial services in IDA blend?
- Insurance and financial services in IDA blend was 15.4% 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 IDA blend?
- The highest recorded value was 15.4% in 2025.
- What is the lowest insurance and financial services recorded in IDA blend?
- The lowest recorded value was 0.7% in 1989.
- How does IDA blend rank for insurance and financial services?
- IDA blend ranks 3rd out of 45 groups with data for 2025.
- Is insurance and financial services rising or falling in IDA blend?
- Over the last ten years it is up 120.5%. The long-run trend across the full record is volatile.
- Where does this IDA blend 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 — 49 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.