Insurance and financial services in United States of America
United States of America: Insurance and financial services was 20.2% in 2025. ◆ Volatile
Insurance and financial services in United States of America, 1970–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
United States of America recorded 20.2% for insurance and financial services in 2025.
Compared with earlier readings it is up 1.9% on the previous year and up 15.3% over ten years.
Over the whole period, insurance and financial services in United States of America peaked at 24.4% in 2021 and was at its lowest, 0.8%, in 1977.
United States of America ranks 13th 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 in United States of America, 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% | +80.7% |
| 2000 | 11.4% | +5.5% |
| 2001 | 11.2% | -1.3% |
| 2002 | 12.2% | +9.2% |
| 2003 | 13.7% | +11.7% |
| 2004 | 15.1% | +10.1% |
| 2005 | 15.1% | +0.6% |
| 2006 | 16.3% | +7.8% |
| 2007 | 17.9% | +9.4% |
| 2008 | 17.9% | +0.2% |
| 2009 | 17.6% | -1.6% |
| 2010 | 18.0% | +2.2% |
| 2011 | 18.6% | +3.1% |
| 2012 | 18.3% | -1.4% |
| 2013 | 18.0% | -1.8% |
| 2014 | 18.5% | +3.0% |
| 2015 | 17.5% | -5.3% |
| 2016 | 17.5% | -0.2% |
| 2017 | 18.4% | +5.3% |
| 2018 | 18.4% | -0.3% |
| 2019 | 18.4% | +0.0% |
| 2020 | 23.8% | +29.6% |
| 2021 | 24.4% | +2.5% |
| 2022 | 20.4% | -16.5% |
| 2023 | 19.7% | -3.2% |
| 2024 | 19.8% | +0.5% |
| 2025 | 20.2% | +1.9% |
United States of America compared with similar countries
- United States of America's 20.2% is above the median for high income countries, which is 5.3%, 3.8× the median. (69 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services in United States of America 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 | +80.7% | 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 | 14.8% | 11.2% | 17.9% | 10 |
| 2010s | 18.2% | 17.5% | 18.6% | 10 |
| 2020s | 21.4% | 19.7% | 24.4% | 6 |
Countries ranked near United States of America
- 10 Guinea-Bissau 21.6% compare
- 11 Switzerland 21.4% compare
- 12 Haiti 21.1% compare
- 14 Bermuda 20.0% compare
- 15 Cyprus 19.7% compare
- 16 Central African Republic 19.6% compare
More private sector data for United States of America
- Merchandise trade 18.5% (2025)
- Food imports 6.9% (2024)
- Manufactures imports 78.4% (2024)
- Merchandise imports 3.51 trillion current US$ (2025)
- Food exports 9.5% (2024)
- Manufactures exports 55.7% (2024)
- Merchandise exports 2.19 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 6,394 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.071 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 5.99 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in United States of America?
- Insurance and financial services in United States of America was 20.2% 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 United States of America?
- The highest recorded value was 24.4% in 2021.
- What is the lowest insurance and financial services recorded in United States of America?
- The lowest recorded value was 0.8% in 1977.
- How does United States of America rank for insurance and financial services?
- United States of America ranks 13th out of 190 countries with data for 2025.
- Is insurance and financial services rising or falling in United States of America?
- Over the last ten years it is up 15.3%. The long-run trend across the full record is volatile.
- Where does this United States of America 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.