Insurance and financial services in Germany
Germany: Insurance and financial services was 8.3% in 2025. ◆ Volatile
Insurance and financial services in Germany, 1976–2025
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 Germany stood at 8.3%.
That represents a change of up 6.3% on the previous year and up 25.7% over ten years.
Over the whole period, insurance and financial services in Germany peaked at 8.8% in 2021 and was at its lowest, 0.5%, in 1977.
That places Germany 71st out of 197 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance and financial services in Germany, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 1976 | 0.5% | — |
| 1977 | 0.5% | -0.0% |
| 1978 | 0.6% | +2.8% |
| 1979 | 0.6% | -0.3% |
| 1980 | 0.9% | +61.5% |
| 1981 | 0.8% | -8.7% |
| 1982 | 0.7% | -9.4% |
| 1983 | 0.9% | +13.6% |
| 1984 | 1.0% | +13.4% |
| 1985 | 1.1% | +11.3% |
| 1986 | 1.2% | +16.2% |
| 1987 | 1.3% | +2.8% |
| 1988 | 1.5% | +15.7% |
| 1989 | 1.3% | -15.0% |
| 1990 | 1.0% | -21.9% |
| 1999 | 4.0% | +309.0% |
| 2000 | 3.2% | -20.4% |
| 2001 | 3.4% | +5.7% |
| 2002 | 3.7% | +9.2% |
| 2003 | 3.5% | -4.9% |
| 2004 | 4.7% | +33.1% |
| 2005 | 4.9% | +4.8% |
| 2006 | 5.4% | +10.6% |
| 2007 | 6.2% | +14.4% |
| 2008 | 5.7% | -8.6% |
| 2009 | 6.2% | +8.7% |
| 2010 | 5.8% | -6.8% |
| 2011 | 6.4% | +11.7% |
| 2012 | 6.1% | -5.1% |
| 2013 | 6.3% | +4.1% |
| 2014 | 6.9% | +9.1% |
| 2015 | 6.6% | -4.3% |
| 2016 | 6.3% | -4.2% |
| 2017 | 5.6% | -11.3% |
| 2018 | 5.9% | +5.2% |
| 2019 | 6.1% | +2.6% |
| 2020 | 8.3% | +36.1% |
| 2021 | 8.8% | +6.8% |
| 2022 | 7.5% | -15.3% |
| 2023 | 8.0% | +6.2% |
| 2024 | 7.8% | -1.4% |
| 2025 | 8.3% | +6.3% |
Germany compared with similar countries
- Germany's 8.3% is above the median for high income countries, which is 6.4%, 1.3× the median. (72 countries reporting)
- Germany's 8.3% is above the median for Europe & Central Asia, which is 5.2%, 1.6× the median. (51 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services in Germany 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 |
|---|---|---|---|
| 1999 | +309.0% | 1.0% | 4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.6% | 0.5% | 0.6% | 4 |
| 1980s | 1.1% | 0.7% | 1.5% | 10 |
| 1990s | 2.5% | 1.0% | 4.0% | 2 |
| 2000s | 4.7% | 3.2% | 6.2% | 10 |
| 2010s | 6.2% | 5.6% | 6.9% | 10 |
| 2020s | 8.1% | 7.5% | 8.8% | 6 |
Countries ranked near Germany
More private sector data for Germany
- Merchandise trade 65.5% (2025)
- Food imports 9.2% (2024)
- Manufactures imports 73.4% (2024)
- Merchandise imports 1.54 trillion current US$ (2025)
- Food exports 6.3% (2024)
- Manufactures exports 84.1% (2024)
- Merchandise exports 1.76 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 21,130 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3493 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 5.24 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Germany?
- Insurance and financial services in Germany was 8.3% 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 Germany?
- The highest recorded value was 8.8% in 2021.
- What is the lowest insurance and financial services recorded in Germany?
- The lowest recorded value was 0.5% in 1977.
- How does Germany rank for insurance and financial services?
- Germany ranks 71st out of 197 countries with data for 2025.
- Is insurance and financial services rising or falling in Germany?
- Over the last ten years it is up 25.7%. The long-run trend across the full record is volatile.
- Where does this Germany 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 — 42 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.