Insurance and financial services in IDA & IBRD total
IDA & IBRD total: Insurance and financial services was 5.9% in 2025. ▲ Rising
Insurance and financial services in IDA & IBRD total, 1982–2025
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 IDA & IBRD total is 5.9%, measured in 2025.
Compared with earlier readings it is down 9.2% on the previous year and down 10.1% over ten years.
Over the whole period, insurance and financial services in IDA & IBRD total peaked at 10.6% in 1995 and was at its lowest, 4.4%, in 1990.
That places IDA & IBRD total 36th out of 47 groups with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 44 years of available data.
Insurance and financial services in IDA & IBRD total, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 1982 | 5.4% | — |
| 1983 | 5.8% | +8.4% |
| 1984 | 5.6% | -3.6% |
| 1985 | 4.9% | -12.5% |
| 1986 | 5.3% | +7.9% |
| 1987 | 6.2% | +17.2% |
| 1988 | 6.2% | +0.2% |
| 1989 | 5.6% | -9.4% |
| 1990 | 4.4% | -22.3% |
| 1991 | 5.4% | +24.6% |
| 1992 | 4.6% | -14.9% |
| 1993 | 5.3% | +14.6% |
| 1994 | 8.3% | +56.9% |
| 1995 | 10.6% | +27.7% |
| 1996 | 7.1% | -32.9% |
| 1997 | 8.9% | +23.9% |
| 1998 | 7.0% | -20.6% |
| 1999 | 6.6% | -5.8% |
| 2000 | 7.4% | +12.0% |
| 2001 | 8.0% | +8.3% |
| 2002 | 8.1% | +0.7% |
| 2003 | 8.3% | +3.3% |
| 2004 | 8.0% | -3.5% |
| 2005 | 8.0% | -1.1% |
| 2006 | 8.4% | +5.3% |
| 2007 | 8.3% | -0.8% |
| 2008 | 8.2% | -1.1% |
| 2009 | 8.5% | +3.8% |
| 2010 | 8.9% | +4.0% |
| 2011 | 9.0% | +1.7% |
| 2012 | 8.5% | -5.5% |
| 2013 | 8.5% | +0.0% |
| 2014 | 7.7% | -9.9% |
| 2015 | 6.5% | -15.1% |
| 2016 | 6.6% | +1.4% |
| 2017 | 6.5% | -2.3% |
| 2018 | 6.1% | -5.5% |
| 2019 | 6.2% | +2.1% |
| 2020 | 8.2% | +31.7% |
| 2021 | 7.9% | -4.0% |
| 2022 | 7.1% | -10.1% |
| 2023 | 6.7% | -5.9% |
| 2024 | 6.5% | -3.0% |
| 2025 | 5.9% | -9.2% |
Biggest year-on-year movements
Years where Insurance and financial services in IDA & IBRD total 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 | +56.9% | 5.3% | 8.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.6% | 4.9% | 6.2% | 8 |
| 1990s | 6.8% | 4.4% | 10.6% | 10 |
| 2000s | 8.1% | 7.4% | 8.5% | 10 |
| 2010s | 7.5% | 6.1% | 9.0% | 10 |
| 2020s | 7.0% | 5.9% | 8.2% | 6 |
Countries ranked near IDA & IBRD total
- 33 Timor-Leste 12.4% compare
- 34 Dominican Republic 12.3% compare
- 35 Togo 12.2% compare
- 36 Egypt 12.0% compare
- 37 Chile 12.0% compare
- 38 Hong Kong, China 11.9% compare
- 39 Kyrgyzstan 11.7% compare
More private sector data for IDA & IBRD total
- Merchandise trade 42.2% (2025)
- Food imports 9.0% (2024)
- Manufactures imports 59.3% (2024)
- Merchandise imports 9.47 trillion current US$ (2025)
- Food exports 10.9% (2024)
- Manufactures exports 71.8% (2024)
- Merchandise exports 10.03 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 1,434 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2169 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.09 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in IDA & IBRD total?
- Insurance and financial services in IDA & IBRD total was 5.9% 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 IDA & IBRD total?
- The highest recorded value was 10.6% in 1995.
- What is the lowest insurance and financial services recorded in IDA & IBRD total?
- The lowest recorded value was 4.4% in 1990.
- How does IDA & IBRD total rank for insurance and financial services?
- IDA & IBRD total ranks 36th out of 47 groups with data for 2025.
- Is insurance and financial services rising or falling in IDA & IBRD total?
- Over the last ten years it is down 10.1%. The long-run trend across the full record is rising.
- Where does this IDA & IBRD total 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.