Insurance and financial services in Central Europe and the Baltics
Central Europe and the Baltics: Insurance and financial services was 5.1% in 2025. ▼ Falling
Insurance and financial services in Central Europe and the Baltics, 1993–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service imports.
Analysis
Central Europe and the Baltics recorded 5.1% for insurance and financial services in 2025.
Compared with earlier readings it is up 2.1% on the previous year and down 10.7% over ten years.
Over the whole period, insurance and financial services in Central Europe and the Baltics peaked at 9.4% in 1998 and was at its lowest, 4.5%, in 2022.
Central Europe and the Baltics ranks 42nd of 47 groups on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 33 years of available data.
Insurance and financial services in Central Europe and the Baltics, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 1993 | 4.7% | — |
| 1994 | 5.3% | +13.1% |
| 1995 | 7.2% | +35.2% |
| 1996 | 8.0% | +10.4% |
| 1997 | 9.1% | +14.8% |
| 1998 | 9.4% | +3.0% |
| 1999 | 7.8% | -16.9% |
| 2000 | 6.3% | -18.7% |
| 2001 | 6.1% | -4.2% |
| 2002 | 7.3% | +20.2% |
| 2003 | 7.1% | -3.4% |
| 2004 | 7.4% | +4.9% |
| 2005 | 7.2% | -3.5% |
| 2006 | 6.9% | -3.9% |
| 2007 | 6.0% | -12.1% |
| 2008 | 6.5% | +7.1% |
| 2009 | 6.6% | +2.7% |
| 2010 | 6.8% | +3.0% |
| 2011 | 7.0% | +2.6% |
| 2012 | 6.7% | -5.0% |
| 2013 | 5.9% | -11.1% |
| 2014 | 5.9% | -0.9% |
| 2015 | 5.7% | -3.6% |
| 2016 | 5.3% | -6.7% |
| 2017 | 4.7% | -10.3% |
| 2018 | 4.9% | +4.5% |
| 2019 | 4.7% | -5.6% |
| 2020 | 5.4% | +15.5% |
| 2021 | 5.2% | -3.9% |
| 2022 | 4.5% | -13.6% |
| 2023 | 5.2% | +15.5% |
| 2024 | 4.9% | -4.4% |
| 2025 | 5.1% | +2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.4% | 4.7% | 9.4% | 7 |
| 2000s | 6.7% | 6.0% | 7.4% | 10 |
| 2010s | 5.8% | 4.7% | 7.0% | 10 |
| 2020s | 5.0% | 4.5% | 5.4% | 6 |
Countries ranked near Central Europe and the Baltics
More private sector data for Central Europe and the Baltics
- Merchandise trade 100.1% (2025)
- Food imports 9.1% (2024)
- Manufactures imports 76.4% (2024)
- Merchandise imports 1.41 trillion current US$ (2025)
- Food exports 10.4% (2024)
- Manufactures exports 80.6% (2024)
- Merchandise exports 1.36 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 13,615 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.4919 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 8.42 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Central Europe and the Baltics?
- Insurance and financial services in Central Europe and the Baltics was 5.1% 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 Central Europe and the Baltics?
- The highest recorded value was 9.4% in 1998.
- What is the lowest insurance and financial services recorded in Central Europe and the Baltics?
- The lowest recorded value was 4.5% in 2022.
- How does Central Europe and the Baltics rank for insurance and financial services?
- Central Europe and the Baltics ranks 42nd out of 47 groups with data for 2025.
- Is insurance and financial services rising or falling in Central Europe and the Baltics?
- Over the last ten years it is down 10.7%. The long-run trend across the full record is falling.
- Where does this Central Europe and the Baltics 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.
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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 imports which are commercial services provided by non-residents to residents.