Europe & Central Asia (excluding high income)'s insurance and financial services (% of service imports, BoP) was 6.44% in 2025, the latest year in the World Bank's World Development Indicators. That is down 1.25 percentage points from 7.68% in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 6.44% | 2025 |
| Five years earlier | 6.86% | 2020 |
| Ten years earlier | 7.68% | 2015 |
| Highest | 9.34% | 1994 |
| Lowest | 5% | 2019 |
| Average since 2016 | 5.94% | 2016–2025 |
| First recorded | 9.34% | 1994 |
What the numbers say
In 2025, Europe & Central Asia (excluding high income)'s insurance and financial services (% of service imports, BoP) rose 0.52 percentage points on 2024 (from 5.91% to 6.44%).
Across the 30 yearly changes before that (1995 to 2024), the average change was −0.11 percentage points and a typical year strayed about 0.93 percentage points from that (the standard deviation). This year's change was 0.7 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 1.86 percentage points in 2020 and the biggest yearly fall was 2.4 percentage points in 1995. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 there is no clear straight-line trend: a straight line explains 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| Europe & Central Asia (excluding high income) | 6.44% | 2025 |
| World | 9.53% | 2025 |
What this measures
Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents. This indicator is expressed as a percentage of service imports which are services provided by non-residents to residents.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 32 values
| Year | Insurance and financial services (% of service imports, BoP) |
|---|---|
| 2025 | 6.44 |
| 2024 | 5.91 |
| 2023 | 5.57 |
| 2022 | 5.14 |
| 2021 | 6.13 |
| 2020 | 6.86 |
| 2019 | 5 |
| 2018 | 5.36 |
| 2017 | 6.42 |
| 2016 | 6.6 |
| 2015 |
Insurance and financial services (% of service imports, BoP) in nearby economies
- Afghanistan — 1.32% (2020)
- Algeria — 2.03% (2025)
- Bahrain — 33.83% (2025)
- Djibouti — 2.56% (2024)
- Egypt, Arab Rep. — 10.95% (2025)
- Iraq — 21.21% (2025)
- Israel — 1.32% (2025)
- Jordan — 11.27% (2024)
- Kuwait — 8.63% (2025)
More economic policy & debt data for Europe & Central Asia (excluding high income)
- Net bilateral aid flows from DAC donors, Austria (current US$) — US$197.79 million (2023)
- Net bilateral aid flows from DAC donors, Belgium (current US$) — US$85.62 million (2023)
- Net bilateral aid flows from DAC donors, Canada (current US$) — US$2.03 billion (2023)
- Net bilateral aid flows from DAC donors, European Union institutions (current US$) — US$23.3 billion (2023)
- Net bilateral aid flows from DAC donors, Switzerland (current US$) — US$419.07 million (2023)
- Net bilateral aid flows from DAC donors, Germany (current US$) — US$1.28 billion (2023)
Reading data like this
Questions people ask
- What is Europe & Central Asia (excluding high income)'s insurance and financial services (% of service imports, BoP)?
- 6.44% in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1994?
- It is down 2.91 percentage points from 9.34% in 1994. The highest value was 9.34% in 1994 and the lowest 5% in 2019.
- Is the latest change in insurance and financial services (% of service imports, BoP) unusual for Europe & Central Asia (excluding high income)?
- In 2025, Europe & Central Asia (excluding high income)'s insurance and financial services (% of service imports, BoP) rose 0.52 percentage points on 2024 (from 5.91% to 6.44%). Across the 30 yearly changes before that (1995 to 2024), the average change was −0.11 percentage points and a typical year strayed about 0.93 percentage points from that (the standard deviation). This year's change was 0.7 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator BM.GSR.INSF.ZS, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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