Insurance and financial services in Czechia
Czechia: Insurance and financial services was 6.1% in 2025. ▼ Falling
Insurance and financial services in Czechia, 1993–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service imports.
Analysis
The most recent figure for insurance and financial services in Czechia is 6.1%, measured in 2025.
That represents a change of down 7.8% on the previous year and up 12.4% over ten years.
Over the whole period, insurance and financial services in Czechia peaked at 14.4% in 2005 and was at its lowest, 3.9%, in 1994.
That places Czechia 104th out of 197 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 33 years of available data.
Insurance and financial services in Czechia, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 1993 | 13.6% | — |
| 1994 | 3.9% | -71.7% |
| 1995 | 5.1% | +31.1% |
| 1996 | 4.5% | -11.2% |
| 1997 | 5.0% | +11.7% |
| 1998 | 6.9% | +36.9% |
| 1999 | 6.0% | -12.2% |
| 2000 | 8.6% | +43.4% |
| 2001 | 6.1% | -29.3% |
| 2002 | 12.4% | +102.3% |
| 2003 | 9.4% | -23.6% |
| 2004 | 14.3% | +51.5% |
| 2005 | 14.4% | +0.7% |
| 2006 | 14.1% | -1.9% |
| 2007 | 10.1% | -28.4% |
| 2008 | 8.8% | -13.3% |
| 2009 | 7.7% | -12.4% |
| 2010 | 6.7% | -13.5% |
| 2011 | 6.6% | -0.5% |
| 2012 | 6.1% | -7.9% |
| 2013 | 6.9% | +13.1% |
| 2014 | 8.5% | +23.2% |
| 2015 | 5.5% | -35.8% |
| 2016 | 5.0% | -8.9% |
| 2017 | 4.6% | -7.9% |
| 2018 | 4.5% | -2.3% |
| 2019 | 4.8% | +8.4% |
| 2020 | 6.1% | +24.8% |
| 2021 | 5.6% | -6.8% |
| 2022 | 5.2% | -7.9% |
| 2023 | 7.3% | +39.9% |
| 2024 | 6.6% | -8.4% |
| 2025 | 6.1% | -7.8% |
Czechia compared with similar countries
- Czechia's 6.1% is below the median for high income countries, which is 6.4%, 96% of the median. (72 countries reporting)
- Czechia's 6.1% is above the median for Europe & Central Asia, which is 5.2%, 1.2× the median. (51 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services in Czechia 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 |
|---|---|---|---|
| 2002 | +102.3% | 6.1% | 12.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.4% | 3.9% | 13.6% | 7 |
| 2000s | 10.6% | 6.1% | 14.4% | 10 |
| 2010s | 5.9% | 4.5% | 8.5% | 10 |
| 2020s | 6.2% | 5.2% | 7.3% | 6 |
Countries ranked near Czechia
More private sector data for Czechia
- Merchandise trade 137.3% (2025)
- Food imports 6.7% (2024)
- Manufactures imports 83.7% (2024)
- Merchandise imports 253.34 billion current US$ (2025)
- Food exports 5.4% (2024)
- Manufactures exports 90.2% (2024)
- Merchandise exports 283.62 billion current US$ (2025)
- Merchandise exports (current US$), per capita 26,051 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.7253 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.79 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Czechia?
- Insurance and financial services in Czechia was 6.1% 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 Czechia?
- The highest recorded value was 14.4% in 2005.
- What is the lowest insurance and financial services recorded in Czechia?
- The lowest recorded value was 3.9% in 1994.
- How does Czechia rank for insurance and financial services?
- Czechia ranks 104th out of 197 countries with data for 2025.
- Is insurance and financial services rising or falling in Czechia?
- Over the last ten years it is up 12.4%. The long-run trend across the full record is falling.
- Where does this Czechia 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 — 33 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.