Insurance and financial services in Sweden
Sweden: Insurance and financial services was 2.5% in 2025. ◆ Volatile
Insurance and financial services in Sweden, 1970–2025
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 Sweden is 2.5%, measured in 2025.
Compared with earlier readings it is down 2.3% on the previous year and down 27.9% over ten years.
Over the whole period, insurance and financial services in Sweden peaked at 10.6% in 1992 and was at its lowest, 1.4%, in 1996.
Sweden ranks 167th of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance and financial services in Sweden, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 1970 | 6.5% | — |
| 1971 | 6.9% | +7.3% |
| 1972 | 7.9% | +13.5% |
| 1973 | 7.6% | -3.7% |
| 1974 | 7.0% | -8.1% |
| 1975 | 5.9% | -15.0% |
| 1976 | 5.4% | -9.0% |
| 1977 | 5.8% | +6.7% |
| 1978 | 5.8% | +0.5% |
| 1979 | 4.4% | -24.3% |
| 1980 | 4.5% | +1.7% |
| 1981 | 4.3% | -3.6% |
| 1982 | 5.5% | +28.6% |
| 1983 | 5.7% | +3.6% |
| 1984 | 6.1% | +5.7% |
| 1985 | 5.5% | -9.6% |
| 1986 | 6.2% | +13.8% |
| 1987 | 7.3% | +17.7% |
| 1988 | 7.1% | -2.9% |
| 1989 | 6.6% | -7.4% |
| 1990 | 8.0% | +20.8% |
| 1991 | 10.0% | +25.5% |
| 1992 | 10.6% | +6.2% |
| 1993 | 2.7% | -74.8% |
| 1994 | 2.5% | -4.7% |
| 1995 | 1.4% | -44.1% |
| 1996 | 1.4% | -0.1% |
| 1997 | 1.6% | +13.8% |
| 1998 | 2.5% | +51.8% |
| 1999 | 2.2% | -10.9% |
| 2000 | 3.1% | +44.0% |
| 2001 | 2.5% | -20.9% |
| 2002 | 2.6% | +4.6% |
| 2003 | 2.8% | +6.9% |
| 2004 | 2.3% | -17.2% |
| 2005 | 3.1% | +36.0% |
| 2006 | 3.2% | +3.2% |
| 2007 | 1.9% | -40.5% |
| 2008 | 1.9% | -1.4% |
| 2009 | 2.0% | +3.6% |
| 2010 | 1.8% | -10.3% |
| 2011 | 1.8% | +2.5% |
| 2012 | 1.6% | -11.5% |
| 2013 | 3.0% | +87.2% |
| 2014 | 3.0% | +0.8% |
| 2015 | 3.4% | +13.9% |
| 2016 | 3.5% | +0.9% |
| 2017 | 3.9% | +12.5% |
| 2018 | 4.0% | +2.0% |
| 2019 | 3.4% | -15.6% |
| 2020 | 3.4% | +2.1% |
| 2021 | 3.3% | -5.0% |
| 2022 | 2.9% | -9.8% |
| 2023 | 2.8% | -5.5% |
| 2024 | 2.5% | -8.7% |
| 2025 | 2.5% | -2.3% |
Sweden compared with similar countries
- Sweden's 2.5% is below the median for high income countries, which is 6.4%, 39% of the median. (72 countries reporting)
- Sweden's 2.5% is below the median for Europe & Central Asia, which is 5.2%, 48% of the median. (51 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services in Sweden 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 |
|---|---|---|---|
| 2013 | +87.2% | 1.6% | 3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.3% | 4.4% | 7.9% | 10 |
| 1980s | 5.9% | 4.3% | 7.3% | 10 |
| 1990s | 4.3% | 1.4% | 10.6% | 10 |
| 2000s | 2.5% | 1.9% | 3.2% | 10 |
| 2010s | 2.9% | 1.6% | 4.0% | 10 |
| 2020s | 2.9% | 2.5% | 3.4% | 6 |
Countries ranked near Sweden
More private sector data for Sweden
- Merchandise trade 61.2% (2025)
- Food imports 11.2% (2024)
- Manufactures imports 68.5% (2024)
- Merchandise imports 200.98 billion current US$ (2025)
- Food exports 6.7% (2024)
- Manufactures exports 72.6% (2024)
- Merchandise exports 208.33 billion current US$ (2025)
- Merchandise exports (current US$), per capita 19,660 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3114 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.47 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Sweden?
- Insurance and financial services in Sweden was 2.5% 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 Sweden?
- The highest recorded value was 10.6% in 1992.
- What is the lowest insurance and financial services recorded in Sweden?
- The lowest recorded value was 1.4% in 1996.
- How does Sweden rank for insurance and financial services?
- Sweden ranks 167th out of 197 countries with data for 2025.
- Is insurance and financial services rising or falling in Sweden?
- Over the last ten years it is down 27.9%. The long-run trend across the full record is volatile.
- Where does this Sweden 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
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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.