Insurance and financial services in Antigua and Barbuda
Antigua and Barbuda: Insurance and financial services was 10.2% in 2025. ▲ Rising
Insurance and financial services in Antigua and Barbuda, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service imports.
Analysis
In 2025, insurance and financial services in Antigua and Barbuda stood at 10.2%.
The figure is down 1.5% on the previous year and up 14.2% over ten years.
Over the whole period, insurance and financial services in Antigua and Barbuda peaked at 15.8% in 1999 and was at its lowest, 4.6%, in 1985.
Antigua and Barbuda ranks 50th of 197 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 49 years of available data.
Insurance and financial services in Antigua and Barbuda, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 1977 | 5.4% | — |
| 1978 | 6.0% | +11.5% |
| 1979 | 6.6% | +9.8% |
| 1980 | 6.7% | +1.9% |
| 1981 | 6.4% | -5.5% |
| 1982 | 5.9% | -7.5% |
| 1983 | 5.5% | -7.1% |
| 1984 | 4.9% | -10.1% |
| 1985 | 4.6% | -7.1% |
| 1986 | 6.2% | +36.2% |
| 1987 | 6.5% | +5.3% |
| 1988 | 6.3% | -4.2% |
| 1989 | 6.7% | +6.5% |
| 1990 | 8.7% | +30.4% |
| 1991 | 7.3% | -16.2% |
| 1992 | 7.7% | +5.8% |
| 1993 | 11.5% | +49.4% |
| 1994 | 8.2% | -28.5% |
| 1995 | 11.6% | +41.3% |
| 1996 | 12.6% | +8.3% |
| 1997 | 10.1% | -19.9% |
| 1998 | 9.6% | -4.8% |
| 1999 | 15.8% | +64.8% |
| 2000 | 7.0% | -56.0% |
| 2001 | 8.0% | +14.2% |
| 2002 | 7.9% | -1.2% |
| 2003 | 7.4% | -6.4% |
| 2004 | 7.4% | +1.1% |
| 2005 | 7.3% | -2.5% |
| 2006 | 8.0% | +10.7% |
| 2007 | 8.3% | +3.0% |
| 2008 | 8.3% | +0.9% |
| 2009 | 7.6% | -9.3% |
| 2010 | 8.0% | +5.9% |
| 2011 | 7.9% | -1.9% |
| 2012 | 8.6% | +9.1% |
| 2013 | 8.7% | +0.9% |
| 2014 | 8.7% | +0.9% |
| 2015 | 8.9% | +2.3% |
| 2016 | 8.0% | -9.9% |
| 2017 | 9.4% | +16.6% |
| 2018 | 9.1% | -3.4% |
| 2019 | 8.7% | -3.9% |
| 2020 | 15.0% | +72.2% |
| 2021 | 13.1% | -12.8% |
| 2022 | 10.5% | -19.7% |
| 2023 | 10.6% | +0.8% |
| 2024 | 10.4% | -2.1% |
| 2025 | 10.2% | -1.5% |
Antigua and Barbuda compared with similar countries
- Antigua and Barbuda's 10.2% is above the median for high income countries, which is 6.4%, 1.6× the median. (72 countries reporting)
- Antigua and Barbuda's 10.2% is above the median for Latin America & Caribbean, which is 10.1%, 1.0× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services in Antigua and Barbuda 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 |
|---|---|---|---|
| 2020 | +72.2% | 8.7% | 15.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.0% | 5.4% | 6.6% | 3 |
| 1980s | 6.0% | 4.6% | 6.7% | 10 |
| 1990s | 10.3% | 7.3% | 15.8% | 10 |
| 2000s | 7.7% | 7.0% | 8.3% | 10 |
| 2010s | 8.6% | 7.9% | 9.4% | 10 |
| 2020s | 11.6% | 10.2% | 15.0% | 6 |
Countries ranked near Antigua and Barbuda
- 47 Burundi 10.6% compare
- 48 France 10.4% compare
- 49 Bolivia, Plurinational State of 10.3% compare
- 51 Turks and Caicos Islands 10.1% compare
- 52 Sierra Leone 10.1% compare
- 53 Costa Rica 10.1% compare
More private sector data for Antigua and Barbuda
- Merchandise trade 41.5% (2025)
- Food imports 27.7% (2024)
- Manufactures imports 68.5% (2024)
- Merchandise imports 938.00 million current US$ (2025)
- Food exports 84.7% (2024)
- Manufactures exports 14.8% (2024)
- Merchandise exports 32.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 339.67 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0137 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -3.03 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Antigua and Barbuda?
- Insurance and financial services in Antigua and Barbuda was 10.2% 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 Antigua and Barbuda?
- The highest recorded value was 15.8% in 1999.
- What is the lowest insurance and financial services recorded in Antigua and Barbuda?
- The lowest recorded value was 4.6% in 1985.
- How does Antigua and Barbuda rank for insurance and financial services?
- Antigua and Barbuda ranks 50th out of 197 countries with data for 2025.
- Is insurance and financial services rising or falling in Antigua and Barbuda?
- Over the last ten years it is up 14.2%. The long-run trend across the full record is rising.
- Where does this Antigua and Barbuda 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 imports). 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 imports which are commercial services provided by non-residents to residents.