Insurance and financial services in Late-demographic dividend
Late-demographic dividend: Insurance and financial services was 2.6% in 2025. ▼ Falling
Insurance and financial services in Late-demographic dividend, 1982–2025
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 Late-demographic dividend stood at 2.6%.
The figure is down 14.8% on the previous year and down 29.7% over ten years.
Over the whole period, insurance and financial services in Late-demographic dividend peaked at 8.3% in 1995 and was at its lowest, 1.3%, in 2004.
That places Late-demographic dividend 42nd 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 Late-demographic dividend, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 1982 | 6.5% | — |
| 1983 | 6.4% | -1.4% |
| 1984 | 6.3% | -2.2% |
| 1985 | 5.4% | -13.7% |
| 1986 | 5.2% | -3.9% |
| 1987 | 4.8% | -7.9% |
| 1988 | 6.5% | +36.4% |
| 1989 | 5.9% | -10.1% |
| 1990 | 3.6% | -39.3% |
| 1991 | 4.1% | +14.5% |
| 1992 | 4.3% | +5.6% |
| 1993 | 4.0% | -7.3% |
| 1994 | 7.0% | +75.8% |
| 1995 | 8.3% | +17.6% |
| 1996 | 1.8% | -78.7% |
| 1997 | 2.0% | +14.4% |
| 1998 | 2.2% | +11.3% |
| 1999 | 1.7% | -22.0% |
| 2000 | 1.4% | -18.6% |
| 2001 | 1.5% | +4.4% |
| 2002 | 1.4% | -7.5% |
| 2003 | 1.6% | +18.7% |
| 2004 | 1.3% | -17.6% |
| 2005 | 2.3% | +67.4% |
| 2006 | 2.4% | +7.2% |
| 2007 | 2.5% | +4.6% |
| 2008 | 2.7% | +5.8% |
| 2009 | 2.7% | +2.6% |
| 2010 | 2.9% | +6.1% |
| 2011 | 3.1% | +6.3% |
| 2012 | 3.6% | +16.8% |
| 2013 | 4.0% | +11.3% |
| 2014 | 4.1% | +2.0% |
| 2015 | 3.7% | -9.4% |
| 2016 | 3.6% | -1.8% |
| 2017 | 3.6% | -1.2% |
| 2018 | 3.8% | +6.0% |
| 2019 | 3.8% | -0.7% |
| 2020 | 4.2% | +11.4% |
| 2021 | 4.3% | +1.1% |
| 2022 | 3.7% | -14.1% |
| 2023 | 3.3% | -9.9% |
| 2024 | 3.1% | -7.3% |
| 2025 | 2.6% | -14.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.9% | 4.8% | 6.5% | 8 |
| 1990s | 3.9% | 1.7% | 8.3% | 10 |
| 2000s | 2.0% | 1.3% | 2.7% | 10 |
| 2010s | 3.6% | 2.9% | 4.1% | 10 |
| 2020s | 3.5% | 2.6% | 4.3% | 6 |
Countries ranked near Late-demographic dividend
More private sector data for Late-demographic dividend
- Merchandise trade 43.3% (2025)
- Food imports 8.9% (2024)
- Manufactures imports 59.4% (2024)
- Merchandise imports 6.71 trillion current US$ (2025)
- Food exports 7.6% (2024)
- Manufactures exports 76.8% (2024)
- Merchandise exports 8.30 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 3,560 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2603 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.18 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Late-demographic dividend?
- Insurance and financial services in Late-demographic dividend was 2.6% 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 Late-demographic dividend?
- The highest recorded value was 8.3% in 1995.
- What is the lowest insurance and financial services recorded in Late-demographic dividend?
- The lowest recorded value was 1.3% in 2004.
- How does Late-demographic dividend rank for insurance and financial services?
- Late-demographic dividend ranks 42nd out of 45 groups with data for 2025.
- Is insurance and financial services rising or falling in Late-demographic dividend?
- Over the last ten years it is down 29.7%. The long-run trend across the full record is falling.
- Where does this Late-demographic dividend 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.