Insurance and financial services (% of commercial service exports) in Ukraine
Ukraine: Insurance and financial services (% of commercial service exports) was 2.5% in 2025. ◆ Volatile
Insurance and financial services in Ukraine, 1994–2025
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 Ukraine stood at 2.5%.
The figure is up 10.9% on the previous year and up 46.7% over ten years.
Over the whole period, insurance and financial services in Ukraine peaked at 6.6% in 1994 and was at its lowest, 0.4%, in 1999.
That places Ukraine 102nd out of 190 countries with data for 2025, putting it 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 (% of commercial service exports) in Ukraine, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 1994 | 6.6% | — |
| 1995 | 2.6% | -60.8% |
| 1996 | 0.5% | -79.3% |
| 1997 | 0.7% | +23.8% |
| 1998 | 0.5% | -22.9% |
| 1999 | 0.4% | -16.5% |
| 2000 | 0.6% | +32.9% |
| 2001 | 0.5% | -10.1% |
| 2002 | 0.5% | -9.6% |
| 2003 | 0.6% | +29.4% |
| 2004 | 0.5% | -17.1% |
| 2005 | 0.6% | +23.2% |
| 2006 | 1.3% | +110.0% |
| 2007 | 2.8% | +116.2% |
| 2008 | 2.9% | +6.2% |
| 2009 | 2.9% | -2.8% |
| 2010 | 2.9% | +0.0% |
| 2011 | 1.7% | -39.8% |
| 2012 | 1.4% | -17.7% |
| 2013 | 1.8% | +25.6% |
| 2014 | 1.6% | -9.9% |
| 2015 | 1.7% | +4.2% |
| 2016 | 0.9% | -47.3% |
| 2017 | 1.2% | +31.8% |
| 2018 | 1.1% | -7.5% |
| 2019 | 1.0% | -2.4% |
| 2020 | 0.9% | -9.6% |
| 2021 | 0.7% | -28.3% |
| 2022 | 1.3% | +87.5% |
| 2023 | 1.9% | +52.7% |
| 2024 | 2.2% | +13.5% |
| 2025 | 2.5% | +10.9% |
Ukraine compared with similar countries
- Ukraine's 2.5% is above the median for upper middle income countries, which is 1.9%, 1.3× the median. (53 countries reporting)
- Ukraine's 2.5% is below the median for Europe & Central Asia, which is 3.5%, 69% of the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.9% | 0.4% | 6.6% | 6 |
| 2000s | 1.3% | 0.5% | 2.9% | 10 |
| 2010s | 1.5% | 0.9% | 2.9% | 10 |
| 2020s | 1.6% | 0.7% | 2.5% | 6 |
Countries ranked near Ukraine
- 99 India 2.8% compare
- 100 Saint Vincent and the Grenadines 2.7% compare
- 101 El Salvador 2.7% compare
- 103 Uzbekistan 2.4% compare
- 104 Venezuela 2.4% compare
- 105 San Marino 2.3% compare
More private sector data for Ukraine
- Merchandise trade 57.9% (2025)
- Food imports 10.5% (2024)
- Manufactures imports 66.5% (2024)
- Merchandise imports 83.57 billion current US$ (2025)
- Commercial service imports 22.24 billion current US$ (2025)
- Food exports 58.7% (2024)
- Manufactures exports 30.5% (2024)
- Merchandise exports 40.37 billion current US$ (2025)
- Commercial service exports 15.17 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,036 current US$ per person (2025)
Frequently asked questions
- What is insurance and financial services in Ukraine?
- Insurance and financial services in Ukraine was 2.5% 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 Ukraine?
- The highest recorded value was 6.6% in 1994.
- What is the lowest insurance and financial services recorded in Ukraine?
- The lowest recorded value was 0.4% in 1999.
- How does Ukraine rank for insurance and financial services?
- Ukraine ranks 102nd out of 190 countries with data for 2025.
- Is insurance and financial services rising or falling in Ukraine?
- Over the last ten years it is up 46.7%. The long-run trend across the full record is volatile.
- Where does this Ukraine 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.