Insurance and financial services (% of commercial service imports) in IDA blend
IDA blend: Insurance and financial services (% of commercial service imports) was 9.7% in 2025. ▲ Rising
Insurance and financial services in IDA blend, 1977–2025
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 blend is 9.7%, measured in 2025. That is the highest value across all 47 years on record.
Compared with earlier readings it is up 11.0% on the previous year and up 54.3% over ten years.
Over the whole period, insurance and financial services in IDA blend peaked at 9.7% in 2025 and was at its lowest, 3.5%, in 1990.
IDA blend ranks 13th of 47 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 47 years of available data.
Insurance and financial services (% of commercial service imports) in IDA blend, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 1977 | 3.6% | — |
| 1978 | 4.2% | +17.6% |
| 1979 | 3.9% | -5.7% |
| 1980 | 4.6% | +16.7% |
| 1981 | 4.3% | -6.7% |
| 1982 | 4.5% | +3.6% |
| 1983 | 4.3% | -2.6% |
| 1984 | 4.5% | +3.7% |
| 1985 | 4.4% | -2.9% |
| 1986 | 4.1% | -6.5% |
| 1987 | 4.4% | +8.0% |
| 1988 | 4.7% | +6.2% |
| 1989 | 4.0% | -15.4% |
| 1990 | 3.5% | -11.6% |
| 1991 | 4.2% | +20.8% |
| 1992 | 4.1% | -2.2% |
| 1993 | 4.1% | -1.0% |
| 1994 | 4.6% | +11.9% |
| 1995 | 4.9% | +7.2% |
| 1996 | 4.2% | -14.0% |
| 1997 | 5.0% | +18.5% |
| 1998 | 4.8% | -4.0% |
| 1999 | 4.9% | +2.9% |
| 2000 | 4.4% | -10.6% |
| 2001 | 5.1% | +14.2% |
| 2002 | 5.3% | +4.1% |
| 2005 | 4.6% | -11.7% |
| 2006 | 4.7% | +1.9% |
| 2007 | 4.2% | -10.6% |
| 2008 | 5.4% | +27.7% |
| 2009 | 5.0% | -6.7% |
| 2010 | 4.6% | -7.9% |
| 2011 | 5.3% | +14.5% |
| 2012 | 5.8% | +9.5% |
| 2013 | 5.9% | +1.2% |
| 2014 | 6.1% | +4.0% |
| 2015 | 6.3% | +3.1% |
| 2016 | 7.0% | +10.4% |
| 2017 | 6.7% | -4.5% |
| 2018 | 5.7% | -13.9% |
| 2019 | 5.9% | +2.8% |
| 2020 | 7.6% | +29.3% |
| 2021 | 6.8% | -10.7% |
| 2022 | 6.7% | -1.7% |
| 2023 | 8.0% | +19.3% |
| 2024 | 8.8% | +10.0% |
| 2025 | 9.7% | +11.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.9% | 3.6% | 4.2% | 3 |
| 1980s | 4.4% | 4.0% | 4.7% | 10 |
| 1990s | 4.4% | 3.5% | 5.0% | 10 |
| 2000s | 4.8% | 4.2% | 5.4% | 8 |
| 2010s | 5.9% | 4.6% | 7.0% | 10 |
| 2020s | 7.9% | 6.7% | 9.7% | 6 |
Countries ranked near IDA blend
- 10 Tajikistan 19.5% compare
- 11 Saint Kitts and Nevis 18.5% compare
- 12 Trinidad and Tobago 18.4% compare
- 13 Panama 17.8% compare
- 14 Cyprus 17.1% compare
- 15 Burkina Faso 16.8% compare
- 16 Nicaragua 16.3% compare
More private sector data for IDA blend
- Merchandise trade 33.7% (2025)
- Food imports 14.6% (2025)
- Manufactures imports 53.0% (2025)
- Merchandise imports 236.39 billion current US$ (2025)
- Commercial service imports 77.62 billion current US$ (2025)
- Food exports 19.1% (2025)
- Manufactures exports 23.4% (2025)
- Merchandise exports 191.60 billion current US$ (2025)
- Commercial service exports 42.19 billion current US$ (2025)
- Merchandise exports (current US$), per capita 277.76 current US$ per person (2025)
Frequently asked questions
- What is insurance and financial services in IDA blend?
- Insurance and financial services in IDA blend was 9.7% 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 blend?
- The highest recorded value was 9.7% in 2025.
- What is the lowest insurance and financial services recorded in IDA blend?
- The lowest recorded value was 3.5% in 1990.
- How does IDA blend rank for insurance and financial services?
- IDA blend ranks 13th out of 47 groups with data for 2025.
- Is insurance and financial services rising or falling in IDA blend?
- Over the last ten years it is up 54.3%. The long-run trend across the full record is rising.
- Where does this IDA blend 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.