Insurance and financial services in United States of America
United States of America: Insurance and financial services was 20.3% in 2025. ◆ Volatile
Insurance and financial services in United States of America, 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 United States of America is 20.3%, measured in 2025.
That represents a change of up 4.3% on the previous year and up 16.5% over ten years.
Over the whole period, insurance and financial services in United States of America peaked at 23.6% in 2009 and was at its lowest, 1.4%, in 1974.
United States of America ranks 6th of 197 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance and financial services in United States of America, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 1970 | 2.2% | — |
| 1971 | 2.5% | +13.2% |
| 1972 | 2.3% | -9.4% |
| 1973 | 1.8% | -22.1% |
| 1974 | 1.4% | -20.3% |
| 1975 | 2.1% | +47.3% |
| 1976 | 2.8% | +36.3% |
| 1977 | 3.1% | +9.2% |
| 1978 | 3.4% | +11.7% |
| 1979 | 3.3% | -4.1% |
| 1980 | 3.0% | -9.7% |
| 1981 | 3.2% | +6.0% |
| 1982 | 3.2% | +2.5% |
| 1983 | 3.5% | +7.1% |
| 1984 | 3.1% | -9.3% |
| 1985 | 4.3% | +36.5% |
| 1986 | 6.1% | +42.7% |
| 1987 | 7.2% | +17.2% |
| 1988 | 5.3% | -26.6% |
| 1989 | 3.4% | -36.3% |
| 1990 | 4.4% | +32.5% |
| 1991 | 5.1% | +15.2% |
| 1992 | 5.0% | -2.1% |
| 1993 | 5.3% | +4.9% |
| 1994 | 5.5% | +5.3% |
| 1995 | 5.9% | +6.2% |
| 1996 | 6.0% | +1.3% |
| 1997 | 6.1% | +2.0% |
| 1998 | 6.9% | +14.3% |
| 1999 | 12.0% | +72.5% |
| 2000 | 13.4% | +12.1% |
| 2001 | 15.8% | +17.7% |
| 2002 | 17.3% | +9.7% |
| 2003 | 17.9% | +3.4% |
| 2004 | 18.2% | +1.6% |
| 2005 | 17.8% | -2.3% |
| 2006 | 20.6% | +15.9% |
| 2007 | 22.7% | +9.9% |
| 2008 | 22.5% | -0.9% |
| 2009 | 23.6% | +5.2% |
| 2010 | 22.4% | -5.1% |
| 2011 | 20.8% | -7.4% |
| 2012 | 19.8% | -4.6% |
| 2013 | 18.7% | -5.8% |
| 2014 | 18.4% | -1.7% |
| 2015 | 17.4% | -5.2% |
| 2016 | 17.5% | +0.4% |
| 2017 | 17.1% | -2.1% |
| 2018 | 15.7% | -8.3% |
| 2019 | 16.6% | +5.7% |
| 2020 | 23.2% | +39.5% |
| 2021 | 20.3% | -12.4% |
| 2022 | 17.5% | -13.8% |
| 2023 | 18.5% | +6.0% |
| 2024 | 19.4% | +4.9% |
| 2025 | 20.3% | +4.3% |
United States of America compared with similar countries
- United States of America's 20.3% is above the median for high income countries, which is 6.4%, 3.2× the median. (72 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.5% | 1.4% | 3.4% | 10 |
| 1980s | 4.2% | 3.0% | 7.2% | 10 |
| 1990s | 6.2% | 4.4% | 12.0% | 10 |
| 2000s | 19.0% | 13.4% | 23.6% | 10 |
| 2010s | 18.4% | 15.7% | 22.4% | 10 |
| 2020s | 19.9% | 17.5% | 23.2% | 6 |
Countries ranked near United States of America
- 3 Cayman Islands 30.3% compare
- 4 Libya 27.7% compare
- 5 Macau, China 22.1% compare
- 7 Congo, Democratic Republic of the 20.0% compare
- 8 Gambia 19.8% compare
- 9 Tajikistan 19.5% compare
More private sector data for United States of America
- Merchandise trade 18.5% (2025)
- Food imports 6.9% (2024)
- Manufactures imports 78.4% (2024)
- Merchandise imports 3.51 trillion current US$ (2025)
- Food exports 9.5% (2024)
- Manufactures exports 55.7% (2024)
- Merchandise exports 2.19 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 6,394 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.071 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 5.99 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in United States of America?
- Insurance and financial services in United States of America was 20.3% 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 United States of America?
- The highest recorded value was 23.6% in 2009.
- What is the lowest insurance and financial services recorded in United States of America?
- The lowest recorded value was 1.4% in 1974.
- How does United States of America rank for insurance and financial services?
- United States of America ranks 6th out of 197 countries with data for 2025.
- Is insurance and financial services rising or falling in United States of America?
- Over the last ten years it is up 16.5%. The long-run trend across the full record is volatile.
- Where does this United States of America 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.