Insurance and financial services in East Asia & Pacific (IDA & IBRD countries)
East Asia & Pacific (IDA & IBRD countries): Insurance and financial services was 4.2% in 2025. ▲ Rising
Insurance and financial services in East Asia & Pacific (IDA & IBRD countries), 1982–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service imports.
Analysis
East Asia & Pacific (IDA & IBRD countries) recorded 4.2% for insurance and financial services in 2025.
Compared with earlier readings it is down 5.0% on the previous year and up 19.2% over ten years.
Over the whole period, insurance and financial services in East Asia & Pacific (IDA & IBRD countries) peaked at 14.4% in 1995 and was at its lowest, 1.6%, in 1996.
East Asia & Pacific (IDA & IBRD countries) ranks 43rd of 47 groups on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 44 years of available data.
Insurance and financial services in East Asia & Pacific (IDA & IBRD countries), year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 1982 | 4.7% | — |
| 1983 | 5.7% | +20.9% |
| 1984 | 4.5% | -20.6% |
| 1985 | 3.3% | -27.6% |
| 1986 | 4.1% | +26.2% |
| 1987 | 5.7% | +39.1% |
| 1988 | 6.0% | +5.5% |
| 1989 | 5.1% | -15.4% |
| 1990 | 2.8% | -45.8% |
| 1991 | 5.2% | +87.9% |
| 1992 | 3.4% | -35.1% |
| 1993 | 3.3% | -1.3% |
| 1994 | 10.2% | +205.3% |
| 1995 | 14.4% | +41.6% |
| 1996 | 1.6% | -88.9% |
| 1997 | 4.6% | +188.7% |
| 1998 | 6.3% | +36.7% |
| 1999 | 5.8% | -8.8% |
| 2000 | 6.2% | +6.4% |
| 2001 | 6.2% | +0.5% |
| 2002 | 6.3% | +1.8% |
| 2003 | 7.4% | +17.5% |
| 2004 | 7.5% | +1.3% |
| 2005 | 7.5% | +0.4% |
| 2006 | 8.1% | +7.8% |
| 2007 | 7.4% | -8.7% |
| 2008 | 7.6% | +2.3% |
| 2009 | 7.2% | -5.4% |
| 2010 | 8.4% | +17.2% |
| 2011 | 7.9% | -5.4% |
| 2012 | 7.7% | -3.6% |
| 2013 | 7.4% | -3.7% |
| 2014 | 6.2% | -16.2% |
| 2015 | 3.5% | -43.3% |
| 2016 | 4.1% | +16.5% |
| 2017 | 3.7% | -9.2% |
| 2018 | 3.6% | -3.6% |
| 2019 | 3.7% | +4.7% |
| 2020 | 5.6% | +48.1% |
| 2021 | 6.5% | +16.7% |
| 2022 | 6.2% | -4.1% |
| 2023 | 5.1% | -18.3% |
| 2024 | 4.4% | -13.2% |
| 2025 | 4.2% | -5.0% |
Biggest year-on-year movements
Years where Insurance and financial services in East Asia & Pacific (IDA & IBRD countries) 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 |
|---|---|---|---|
| 1994 | +205.3% | 3.3% | 10.2% |
| 1997 | +188.7% | 1.6% | 4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 4.9% | 3.3% | 6.0% | 8 |
| 1990s | 5.8% | 1.6% | 14.4% | 10 |
| 2000s | 7.1% | 6.2% | 8.1% | 10 |
| 2010s | 5.6% | 3.5% | 8.4% | 10 |
| 2020s | 5.3% | 4.2% | 6.5% | 6 |
Countries ranked near East Asia & Pacific (IDA & IBRD countries)
More private sector data for East Asia & Pacific (IDA & IBRD countries)
- Merchandise trade 41.4% (2025)
- Food imports 8.5% (2024)
- Manufactures imports 53.6% (2024)
- Merchandise imports 4.19 trillion current US$ (2025)
- Food exports 5.1% (2024)
- Manufactures exports 85.4% (2024)
- Merchandise exports 5.42 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 2,560 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2334 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.69 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in East Asia & Pacific (IDA & IBRD countries)?
- Insurance and financial services in East Asia & Pacific (IDA & IBRD countries) was 4.2% 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 East Asia & Pacific (IDA & IBRD countries)?
- The highest recorded value was 14.4% in 1995.
- What is the lowest insurance and financial services recorded in East Asia & Pacific (IDA & IBRD countries)?
- The lowest recorded value was 1.6% in 1996.
- How does East Asia & Pacific (IDA & IBRD countries) rank for insurance and financial services?
- East Asia & Pacific (IDA & IBRD countries) ranks 43rd out of 47 groups with data for 2025.
- Is insurance and financial services rising or falling in East Asia & Pacific (IDA & IBRD countries)?
- Over the last ten years it is up 19.2%. The long-run trend across the full record is rising.
- Where does this East Asia & Pacific (IDA & IBRD countries) 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.