Insurance and financial services (% of commercial service exports) in United States
United States: Insurance and financial services (% of commercial service exports) was 20.5% in 2025. ◆ Volatile
Insurance and financial services in United States, 1970–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
United States recorded 20.5% for insurance and financial services in 2025.
Compared with earlier readings it is up 2.4% on the previous year and up 16.6% over ten years.
Over the whole period, insurance and financial services in United States peaked at 24.4% in 2021 and was at its lowest, 0.8%, in 1977.
United States ranks 14th of 190 countries on this measure, 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 United States, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 1970 | 0.8% | — |
| 1971 | 1.0% | +14.3% |
| 1972 | 1.4% | +44.7% |
| 1973 | 1.1% | -17.4% |
| 1974 | 0.9% | -17.0% |
| 1975 | 1.1% | +18.3% |
| 1976 | 0.9% | -17.1% |
| 1977 | 0.8% | -16.0% |
| 1978 | 0.9% | +10.3% |
| 1979 | 4.2% | +395.9% |
| 1980 | 4.0% | -6.0% |
| 1981 | 4.8% | +19.9% |
| 1982 | 4.7% | -1.3% |
| 1983 | 5.3% | +11.3% |
| 1984 | 4.7% | -10.8% |
| 1985 | 4.6% | -0.8% |
| 1986 | 6.3% | +34.7% |
| 1987 | 6.3% | +0.5% |
| 1988 | 4.8% | -24.3% |
| 1989 | 4.5% | -6.2% |
| 1990 | 3.5% | -22.5% |
| 1991 | 3.7% | +6.1% |
| 1992 | 3.1% | -14.6% |
| 1993 | 3.6% | +13.5% |
| 1994 | 3.7% | +4.2% |
| 1995 | 4.1% | +11.4% |
| 1996 | 4.5% | +9.4% |
| 1997 | 5.3% | +16.6% |
| 1998 | 6.0% | +13.1% |
| 1999 | 10.8% | +82.1% |
| 2000 | 11.4% | +5.5% |
| 2001 | 11.3% | -1.4% |
| 2002 | 12.3% | +9.1% |
| 2003 | 13.7% | +11.7% |
| 2004 | 15.1% | +10.1% |
| 2005 | 15.2% | +0.6% |
| 2006 | 16.4% | +7.7% |
| 2007 | 17.9% | +9.4% |
| 2008 | 18.0% | +0.2% |
| 2009 | 17.7% | -1.6% |
| 2010 | 18.1% | +2.2% |
| 2011 | 18.6% | +3.1% |
| 2012 | 18.4% | -1.5% |
| 2013 | 18.0% | -1.9% |
| 2014 | 18.6% | +3.0% |
| 2015 | 17.6% | -5.4% |
| 2016 | 17.5% | -0.1% |
| 2017 | 18.5% | +5.3% |
| 2018 | 18.4% | -0.3% |
| 2019 | 18.5% | +0.2% |
| 2020 | 24.0% | +30.0% |
| 2021 | 24.4% | +1.8% |
| 2022 | 20.5% | -15.9% |
| 2023 | 19.8% | -3.7% |
| 2024 | 20.0% | +1.1% |
| 2025 | 20.5% | +2.4% |
United States compared with similar countries
- United States's 20.5% is above the median for high income countries, which is 5.2%, 3.9× the median. (69 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services (% of commercial service exports) in United States 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 |
|---|---|---|---|
| 1979 | +395.9% | 0.9% | 4.2% |
| 1999 | +82.1% | 6.0% | 10.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.3% | 0.8% | 4.2% | 10 |
| 1980s | 5.0% | 4.0% | 6.3% | 10 |
| 1990s | 4.8% | 3.1% | 10.8% | 10 |
| 2000s | 14.9% | 11.3% | 18.0% | 10 |
| 2010s | 18.2% | 17.5% | 18.6% | 10 |
| 2020s | 21.5% | 19.8% | 24.4% | 6 |
Countries ranked near United States
- 11 Guinea-Bissau 21.6% compare
- 12 Switzerland 21.3% compare
- 13 Haiti 21.1% compare
- 15 Cyprus 19.7% compare
- 16 Sudan 19.7% compare
- 17 Central African Republic 19.6% compare
More private sector data for United States
- Merchandise trade 18.5% (2025)
- Food imports 6.7% (2025)
- Manufactures imports 78.8% (2025)
- Merchandise imports 3.51 trillion current US$ (2025)
- Commercial service imports 884.71 billion current US$ (2025)
- Food exports 9.0% (2025)
- Manufactures exports 54.9% (2025)
- Merchandise exports 2.19 trillion current US$ (2025)
- Commercial service exports 1.21 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 6,394 current US$ per person (2025)
Frequently asked questions
- What is insurance and financial services in United States?
- Insurance and financial services in United States was 20.5% 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 United States?
- The highest recorded value was 24.4% in 2021.
- What is the lowest insurance and financial services recorded in United States?
- The lowest recorded value was 0.8% in 1977.
- How does United States rank for insurance and financial services?
- United States ranks 14th out of 190 countries with data for 2025.
- Is insurance and financial services rising or falling in United States?
- Over the last ten years it is up 16.6%. The long-run trend across the full record is volatile.
- Where does this United States 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.