Insurance and financial services (% of commercial service imports) in Portugal
Portugal: Insurance and financial services (% of commercial service imports) was 5.3% in 2025. ▲ Rising
Insurance and financial services in Portugal, 1975–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service imports.
Analysis
Portugal recorded 5.3% for insurance and financial services in 2025.
Compared with earlier readings it is down 1.4% on the previous year and down 29.5% over ten years.
Over the whole period, insurance and financial services in Portugal peaked at 9.4% in 2010 and was at its lowest, 3.6%, in 1998.
That places Portugal 111th out of 197 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 51 years of available data.
Insurance and financial services (% of commercial service imports) in Portugal, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 1975 | 4.3% | — |
| 1976 | 5.9% | +37.7% |
| 1977 | 6.7% | +14.1% |
| 1978 | 6.0% | -10.7% |
| 1979 | 5.3% | -11.2% |
| 1980 | 5.5% | +3.4% |
| 1981 | 6.0% | +9.4% |
| 1982 | 5.8% | -3.2% |
| 1983 | 5.7% | -2.6% |
| 1984 | 5.8% | +2.0% |
| 1985 | 6.1% | +4.2% |
| 1986 | 6.3% | +4.7% |
| 1987 | 6.3% | -1.3% |
| 1988 | 5.8% | -7.2% |
| 1989 | 5.5% | -5.7% |
| 1990 | 5.1% | -6.4% |
| 1991 | 5.4% | +4.5% |
| 1992 | 5.1% | -5.5% |
| 1993 | 7.9% | +56.5% |
| 1994 | 7.8% | -1.4% |
| 1995 | 8.9% | +14.5% |
| 1996 | 4.5% | -50.0% |
| 1997 | 4.5% | +1.3% |
| 1998 | 3.6% | -19.9% |
| 1999 | 5.8% | +58.5% |
| 2000 | 7.0% | +22.6% |
| 2001 | 4.8% | -31.7% |
| 2002 | 6.9% | +42.8% |
| 2003 | 7.7% | +11.9% |
| 2004 | 8.4% | +9.5% |
| 2005 | 9.2% | +9.4% |
| 2006 | 8.4% | -9.3% |
| 2007 | 9.2% | +9.5% |
| 2008 | 9.4% | +2.6% |
| 2009 | 8.5% | -9.6% |
| 2010 | 9.4% | +11.1% |
| 2011 | 8.5% | -10.4% |
| 2012 | 8.4% | -0.2% |
| 2013 | 7.3% | -13.9% |
| 2014 | 7.4% | +1.8% |
| 2015 | 7.5% | +1.7% |
| 2016 | 6.8% | -9.7% |
| 2017 | 6.4% | -6.1% |
| 2018 | 5.4% | -15.0% |
| 2019 | 6.1% | +12.1% |
| 2020 | 8.8% | +44.7% |
| 2021 | 7.3% | -17.0% |
| 2022 | 6.0% | -18.2% |
| 2023 | 5.8% | -3.2% |
| 2024 | 5.4% | -7.0% |
| 2025 | 5.3% | -1.4% |
Portugal compared with similar countries
- Portugal's 5.3% is below the median for high income countries, which is 6.4%, 83% of the median. (72 countries reporting)
- Portugal's 5.3% is above the median for Europe & Central Asia, which is 5.2%, 1.0× the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.7% | 4.3% | 6.7% | 5 |
| 1980s | 5.9% | 5.5% | 6.3% | 10 |
| 1990s | 5.9% | 3.6% | 8.9% | 10 |
| 2000s | 7.9% | 4.8% | 9.4% | 10 |
| 2010s | 7.3% | 5.4% | 9.4% | 10 |
| 2020s | 6.4% | 5.3% | 8.8% | 6 |
Countries ranked near Portugal
- 108 Kazakhstan 5.6% compare
- 109 Malaysia 5.6% compare
- 110 Bangladesh 5.6% compare
- 112 Tuvalu 5.2% compare
- 113 French Polynesia 5.2% compare
- 114 Poland 5.2% compare
More private sector data for Portugal
- Merchandise trade 62.1% (2025)
- Food imports 15.9% (2025)
- Manufactures imports 71.6% (2025)
- Merchandise imports 125.85 billion current US$ (2025)
- Commercial service imports 31.21 billion current US$ (2025)
- Food exports 14.4% (2025)
- Manufactures exports 75.3% (2025)
- Merchandise exports 89.42 billion current US$ (2025)
- Commercial service exports 68.71 billion current US$ (2025)
- Merchandise exports (current US$), per capita 8,276 current US$ per person (2025)
Frequently asked questions
- What is insurance and financial services in Portugal?
- Insurance and financial services in Portugal was 5.3% 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 Portugal?
- The highest recorded value was 9.4% in 2010.
- What is the lowest insurance and financial services recorded in Portugal?
- The lowest recorded value was 3.6% in 1998.
- How does Portugal rank for insurance and financial services?
- Portugal ranks 111th out of 197 countries with data for 2025.
- Is insurance and financial services rising or falling in Portugal?
- Over the last ten years it is down 29.5%. The long-run trend across the full record is rising.
- Where does this Portugal 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 — 51 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.