Insurance and financial services in Switzerland
Switzerland: Insurance and financial services was 4.8% in 2025. ◆ Volatile
Insurance and financial services in Switzerland, 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 Switzerland is 4.8%, measured in 2025.
That represents a change of up 1.9% on the previous year and down 17.3% over ten years.
Over the whole period, insurance and financial services in Switzerland peaked at 11.0% in 2008 and was at its lowest, 1.1%, in 1995.
That places Switzerland 120th out of 197 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance and financial services in Switzerland, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 1977 | 1.6% | — |
| 1978 | 1.5% | -7.1% |
| 1979 | 1.6% | +2.1% |
| 1980 | 1.6% | +3.4% |
| 1981 | 1.5% | -6.3% |
| 1982 | 1.4% | -7.9% |
| 1983 | 1.4% | +2.4% |
| 1984 | 1.4% | -2.8% |
| 1985 | 1.3% | -4.5% |
| 1986 | 1.4% | +2.3% |
| 1987 | 1.2% | -8.9% |
| 1988 | 1.3% | +3.6% |
| 1989 | 1.4% | +7.0% |
| 1990 | 1.4% | -0.5% |
| 1991 | 1.3% | -7.4% |
| 1992 | 1.2% | -6.1% |
| 1993 | 1.1% | -3.2% |
| 1994 | 1.1% | -2.8% |
| 1995 | 1.1% | -0.3% |
| 1996 | 1.2% | +6.3% |
| 1997 | 1.3% | +6.4% |
| 1998 | 4.8% | +282.8% |
| 1999 | 5.3% | +10.8% |
| 2000 | 8.5% | +59.4% |
| 2001 | 7.7% | -9.2% |
| 2002 | 7.0% | -9.0% |
| 2003 | 6.9% | -1.9% |
| 2004 | 6.9% | +0.7% |
| 2005 | 8.2% | +18.9% |
| 2006 | 9.7% | +18.8% |
| 2007 | 11.0% | +13.1% |
| 2008 | 11.0% | +0.1% |
| 2009 | 9.8% | -11.3% |
| 2010 | 8.9% | -9.3% |
| 2011 | 8.1% | -8.5% |
| 2012 | 6.6% | -19.0% |
| 2013 | 6.2% | -5.3% |
| 2014 | 5.6% | -10.0% |
| 2015 | 5.8% | +2.6% |
| 2016 | 5.4% | -6.8% |
| 2017 | 5.1% | -4.6% |
| 2018 | 5.2% | +0.7% |
| 2019 | 4.8% | -6.0% |
| 2020 | 5.1% | +4.5% |
| 2021 | 5.3% | +5.6% |
| 2022 | 5.0% | -6.2% |
| 2023 | 4.7% | -6.8% |
| 2024 | 4.7% | +0.0% |
| 2025 | 4.8% | +1.9% |
Switzerland compared with similar countries
- Switzerland's 4.8% is below the median for high income countries, which is 6.4%, 75% of the median. (72 countries reporting)
- Switzerland's 4.8% is below the median for Europe & Central Asia, which is 5.2%, 92% of the median. (51 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services in Switzerland 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 |
|---|---|---|---|
| 1998 | +282.8% | 1.3% | 4.8% |
| 2000 | +59.4% | 5.3% | 8.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.6% | 1.5% | 1.6% | 3 |
| 1980s | 1.4% | 1.2% | 1.6% | 10 |
| 1990s | 2.0% | 1.1% | 5.3% | 10 |
| 2000s | 8.7% | 6.9% | 11.0% | 10 |
| 2010s | 6.2% | 4.8% | 8.9% | 10 |
| 2020s | 4.9% | 4.7% | 5.3% | 6 |
Countries ranked near Switzerland
More private sector data for Switzerland
- Merchandise trade 101.7% (2025)
- Food imports 4.6% (2024)
- Manufactures imports 60.8% (2024)
- Merchandise imports 507.43 billion current US$ (2025)
- Food exports 2.5% (2024)
- Manufactures exports 68.5% (2024)
- Merchandise exports 554.16 billion current US$ (2025)
- Merchandise exports (current US$), per capita 60,947 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.531 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 23.89 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Switzerland?
- Insurance and financial services in Switzerland was 4.8% 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 Switzerland?
- The highest recorded value was 11.0% in 2008.
- What is the lowest insurance and financial services recorded in Switzerland?
- The lowest recorded value was 1.1% in 1995.
- How does Switzerland rank for insurance and financial services?
- Switzerland ranks 120th out of 197 countries with data for 2025.
- Is insurance and financial services rising or falling in Switzerland?
- Over the last ten years it is down 17.3%. The long-run trend across the full record is volatile.
- Where does this Switzerland 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.