Jordan's insurance and financial services (% of service imports, BoP) was 11.27% in 2024, the latest year in the World Bank's World Development Indicators. That is up 0.46 percentage points from 10.8% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 11.27% | 2024 |
| Five years earlier | 10.55% | 2019 |
| Ten years earlier | 10.8% | 2014 |
| Highest | 14.96% | 2020 |
| Lowest | 0.55% | 1983 |
| Average since 2015 | 11.98% | 2015–2024 |
| First recorded | 5.86% | 1972 |
What the numbers say
In 2024, Jordan's insurance and financial services (% of service imports, BoP) rose 0.46 percentage points on 2023 (from 10.8% to 11.27%).
Across the 30 yearly changes before that (1994 to 2023), the average change was +0.17 percentage points and a typical year strayed about 1.21 percentage points from that (the standard deviation). This year's change was 0.2 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 4.41 percentage points in 2020 and the biggest yearly fall was 2.48 percentage points in 1978. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 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
In 2024, Jordan had the 6th highest value of the 27 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Jordan | 11.27% | 2024 |
| World | 9.53% | 2025 |
| Upper middle income | 5.81% | 2025 |
Closest to Jordan in the 2024 ranking
- Ethiopia — 3rd of 27: 13.28%
- Kyrgyz Republic — 4th of 27: 11.66%
- Bahamas, The — 5th of 27: 11.28%
- Bhutan — 7th of 27: 11%
- Sierra Leone — 8th of 27: 9.44%
- Cameroon — 9th of 27: 9.24%
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 53 values
| Year | Insurance and financial services (% of service imports, BoP) |
|---|---|
| 2024 | 11.27 |
| 2023 | 10.8 |
| 2022 | 11.72 |
| 2021 | 13.46 |
| 2020 | 14.96 |
| 2019 | 10.55 |
| 2018 | 10.46 |
| 2017 | 11.59 |
| 2016 | 13.16 |
| 2015 | 11.89 |
| 2014 |
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)
- Kuwait — 8.63% (2025)
- Lebanon — 6.52% (2023)
More economic policy & debt data for Jordan
- Total reserves, including gold (current US$) — US$26.56 billion (2025)
- Total reserves, excluding gold (current US$) — US$16.32 billion (2025)
- Grants, excluding technical cooperation (BoP, current US$) — US$2.12 billion (2023)
- Technical cooperation grants (BoP, current US$) — US$225.31 million (2023)
- Net bilateral aid flows from DAC donors, Germany (current US$) — US$395.02 million (2023)
- Net bilateral aid flows from DAC donors, United Kingdom (current US$) — US$34.75 million (2023)
- Net bilateral aid flows from DAC donors, Total (current US$) — US$2.28 billion (2023)
- Net bilateral aid flows from DAC donors, United States (current US$) — US$1.25 billion (2023)
Reading data like this
Questions people ask
- What is Jordan's insurance and financial services (% of service imports, BoP)?
- 11.27% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1972?
- It is up 5.4 percentage points from 5.86% in 1972. The highest value was 14.96% in 2020 and the lowest 0.55% in 1983.
- How does Jordan rank?
- 6th highest of 27 economies with data for 2024.
- Is the latest change in insurance and financial services (% of service imports, BoP) unusual for Jordan?
- In 2024, Jordan's insurance and financial services (% of service imports, BoP) rose 0.46 percentage points on 2023 (from 10.8% to 11.27%). Across the 30 yearly changes before that (1994 to 2023), the average change was +0.17 percentage points and a typical year strayed about 1.21 percentage points from that (the standard deviation). This year's change was 0.2 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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in