Insurance and financial services (% of commercial service imports) in Middle income
Middle income: Insurance and financial services (% of commercial service imports) was 6.3% in 2025. ▲ Rising
Insurance and financial services in Middle income, 1982–2025
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 Middle income stood at 6.3%.
Compared with earlier readings it is down 3.5% on the previous year and down 2.5% over ten years.
Over the whole period, insurance and financial services in Middle income peaked at 11.3% in 1995 and was at its lowest, 4.5%, in 1990.
That places Middle income 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 (% of commercial service imports) in Middle income, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 1982 | 5.5% | — |
| 1983 | 6.0% | +10.1% |
| 1984 | 5.8% | -3.4% |
| 1985 | 4.9% | -14.8% |
| 1986 | 5.4% | +8.7% |
| 1987 | 6.4% | +18.7% |
| 1988 | 6.4% | +0.7% |
| 1989 | 5.8% | -9.8% |
| 1990 | 4.5% | -23.1% |
| 1991 | 5.7% | +27.7% |
| 1992 | 4.8% | -14.7% |
| 1993 | 5.5% | +14.3% |
| 1994 | 8.8% | +58.7% |
| 1995 | 11.3% | +28.7% |
| 1996 | 7.2% | -36.4% |
| 1997 | 8.9% | +23.9% |
| 1998 | 6.8% | -24.0% |
| 1999 | 6.5% | -4.1% |
| 2000 | 7.7% | +18.1% |
| 2001 | 8.3% | +7.9% |
| 2002 | 8.3% | +0.4% |
| 2003 | 8.6% | +3.1% |
| 2004 | 8.3% | -3.0% |
| 2005 | 8.1% | -2.2% |
| 2006 | 8.6% | +6.0% |
| 2007 | 8.5% | -1.5% |
| 2008 | 8.4% | -0.7% |
| 2009 | 8.7% | +3.0% |
| 2010 | 9.0% | +3.6% |
| 2011 | 9.2% | +2.5% |
| 2012 | 8.7% | -6.0% |
| 2013 | 8.7% | +0.5% |
| 2014 | 7.8% | -10.3% |
| 2015 | 6.5% | -17.5% |
| 2016 | 6.6% | +2.3% |
| 2017 | 6.5% | -1.2% |
| 2018 | 6.1% | -6.1% |
| 2019 | 6.3% | +2.1% |
| 2020 | 8.3% | +33.3% |
| 2021 | 8.0% | -3.7% |
| 2022 | 7.2% | -9.8% |
| 2023 | 6.8% | -5.7% |
| 2024 | 6.5% | -4.4% |
| 2025 | 6.3% | -3.5% |
Biggest year-on-year movements
Years where Insurance and financial services (% of commercial service imports) in Middle income 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 | +58.7% | 5.5% | 8.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.8% | 4.9% | 6.4% | 8 |
| 1990s | 7.0% | 4.5% | 11.3% | 10 |
| 2000s | 8.4% | 7.7% | 8.7% | 10 |
| 2010s | 7.6% | 6.1% | 9.2% | 10 |
| 2020s | 7.2% | 6.3% | 8.3% | 6 |
Countries ranked near Middle income
- 33 Yemen 12.4% compare
- 34 East Timor 12.4% compare
- 35 Dominican Republic 12.3% compare
- 36 Togo 12.2% compare
- 37 Egypt 12.0% compare
- 38 Chile 12.0% compare
- 39 Kyrgyzstan 11.7% compare
More private sector data for Middle income
- Merchandise trade 41.5% (2025)
- Food imports 8.3% (2025)
- Manufactures imports 59.9% (2025)
- Merchandise imports 8.18 trillion current US$ (2025)
- Commercial service imports 1.87 trillion current US$ (2025)
- Food exports 9.5% (2025)
- Manufactures exports 74.3% (2025)
- Merchandise exports 8.73 trillion current US$ (2025)
- Commercial service exports 1.78 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 1,449 current US$ per person (2025)
Frequently asked questions
- What is insurance and financial services in Middle income?
- Insurance and financial services in Middle income was 6.3% 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 Middle income?
- The highest recorded value was 11.3% in 1995.
- What is the lowest insurance and financial services recorded in Middle income?
- The lowest recorded value was 4.5% in 1990.
- How does Middle income rank for insurance and financial services?
- Middle income ranks 36th out of 47 groups with data for 2025.
- Is insurance and financial services rising or falling in Middle income?
- Over the last ten years it is down 2.5%. The long-run trend across the full record is rising.
- Where does this Middle income 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.