Insurance and financial services in Late-demographic dividend
Late-demographic dividend: Insurance and financial services was 4.0% in 2025. ▲ Rising
Insurance and financial services in Late-demographic dividend, 1982–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service imports.
Analysis
Late-demographic dividend recorded 4.0% for insurance and financial services in 2025.
Compared with earlier readings it is down 14.7% on the previous year and down 11.0% over ten years.
Over the whole period, insurance and financial services in Late-demographic dividend peaked at 12.7% in 1995 and was at its lowest, 3.1%, in 1990.
Late-demographic dividend ranks 45th 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 Late-demographic dividend, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 1982 | 4.8% | — |
| 1983 | 5.4% | +14.4% |
| 1984 | 4.8% | -12.7% |
| 1985 | 3.7% | -21.2% |
| 1986 | 4.4% | +18.6% |
| 1987 | 5.9% | +32.5% |
| 1988 | 6.0% | +1.2% |
| 1989 | 5.1% | -13.8% |
| 1990 | 3.1% | -39.8% |
| 1991 | 5.1% | +64.9% |
| 1992 | 3.4% | -33.1% |
| 1993 | 3.9% | +13.4% |
| 1994 | 9.0% | +133.3% |
| 1995 | 12.7% | +40.6% |
| 1996 | 3.3% | -74.1% |
| 1997 | 6.1% | +86.4% |
| 1998 | 7.1% | +15.9% |
| 1999 | 6.4% | -10.0% |
| 2000 | 6.3% | -1.7% |
| 2001 | 6.5% | +3.9% |
| 2002 | 6.8% | +3.7% |
| 2003 | 7.7% | +13.2% |
| 2004 | 7.4% | -4.1% |
| 2005 | 7.6% | +4.0% |
| 2006 | 8.1% | +6.4% |
| 2007 | 7.6% | -7.2% |
| 2008 | 7.4% | -1.6% |
| 2009 | 7.3% | -1.8% |
| 2010 | 8.3% | +14.2% |
| 2011 | 7.9% | -5.6% |
| 2012 | 7.7% | -2.2% |
| 2013 | 7.2% | -6.5% |
| 2014 | 6.3% | -12.6% |
| 2015 | 4.5% | -28.6% |
| 2016 | 4.8% | +6.4% |
| 2017 | 4.4% | -7.0% |
| 2018 | 4.4% | -2.1% |
| 2019 | 4.4% | +1.3% |
| 2020 | 6.1% | +37.5% |
| 2021 | 6.5% | +7.9% |
| 2022 | 5.9% | -9.1% |
| 2023 | 5.1% | -14.5% |
| 2024 | 4.7% | -7.8% |
| 2025 | 4.0% | -14.7% |
Biggest year-on-year movements
Years where Insurance and financial services in Late-demographic dividend 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 | +133.3% | 3.9% | 9.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.0% | 3.7% | 6.0% | 8 |
| 1990s | 6.0% | 3.1% | 12.7% | 10 |
| 2000s | 7.3% | 6.3% | 8.1% | 10 |
| 2010s | 6.0% | 4.4% | 8.3% | 10 |
| 2020s | 5.4% | 4.0% | 6.5% | 6 |
Countries ranked near Late-demographic dividend
More private sector data for Late-demographic dividend
- Merchandise trade 43.3% (2025)
- Food imports 8.9% (2024)
- Manufactures imports 59.4% (2024)
- Merchandise imports 6.71 trillion current US$ (2025)
- Food exports 7.6% (2024)
- Manufactures exports 76.8% (2024)
- Merchandise exports 8.30 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 3,560 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2603 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.18 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Late-demographic dividend?
- Insurance and financial services in Late-demographic dividend was 4.0% 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 Late-demographic dividend?
- The highest recorded value was 12.7% in 1995.
- What is the lowest insurance and financial services recorded in Late-demographic dividend?
- The lowest recorded value was 3.1% in 1990.
- How does Late-demographic dividend rank for insurance and financial services?
- Late-demographic dividend ranks 45th out of 47 groups with data for 2025.
- Is insurance and financial services rising or falling in Late-demographic dividend?
- Over the last ten years it is down 11.0%. The long-run trend across the full record is rising.
- Where does this Late-demographic dividend 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.