Least developed countries: UN classification: Insurance and financial services (% of service exports, BoP)

Key figures

Since 1986 it is down 0.31 percentage points from 2.08% in 1986. The World Bank has no value for 23 of the years in between; the chart leaves those gaps open rather than joining across them.

What the numbers say

In 2025, Least developed countries: UN classification's insurance and financial services (% of service exports, BoP) rose 0.1 percentage points on 2024 (from 1.67% to 1.77%).

Across the 9 yearly changes before that (1989 to 2024), the average change was −0.31 percentage points and a typical year strayed about 0.64 percentage points from that (the standard deviation). This year's change was 0.6 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 0.23 percentage points in 2014 and the biggest yearly fall was 1.92 percentage points in 2013. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

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.

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 exports which are services provided by residents to non-residents.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 17 values

Insurance and financial services (% of service exports, BoP) in nearby economies

• Afghanistan — 0.37% (2020)
• Algeria — 10.86% (2025)
• Bahrain — 29.02% (2025)
• Egypt, Arab Rep. — 3.01% (2025)
• Iraq — 0.14% (2025)
• Israel — 0.06% (2025)
• Jordan — 1.28% (2024)
• Kuwait — 9.26% (2025)
• Lebanon — 9.42% (2023)

More economic policy & debt data for Least developed countries: UN classification

• GDP (current US$) — US$1.65 trillion (2025)
• GDP per capita (current US$) — US$1,362 (2025)
• GDP (constant 2015 US$) — US$1.35 trillion (2025)
• GDP per capita (constant 2015 US$) — US$1,112 (2025)
• GDP (annual % growth) — 4.3% (2025)
• GDP per capita (annual % growth) — 1.94% (2025)
• Foreign direct investment, net inflows (BoP, current US$) — US$44.93 billion (2025)
• Portfolio equity, net inflows (BoP, current US$) — −US$9.99 million (2025)

Reading data like this

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Questions people ask

What is Least developed countries: UN classification's insurance and financial services (% of service exports, BoP)?

1.77% in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1986?

It is down 0.31 percentage points from 2.08% in 1986. The highest value was 3.93% in 2012 and the lowest 1.65% in 1990.

Is the latest change in insurance and financial services (% of service exports, BoP) unusual for Least developed countries: UN classification?

In 2025, Least developed countries: UN classification's insurance and financial services (% of service exports, BoP) rose 0.1 percentage points on 2024 (from 1.67% to 1.77%). Across the 9 yearly changes before that (1989 to 2024), the average change was −0.31 percentage points and a typical year strayed about 0.64 percentage points from that (the standard deviation). This year's change was 0.6 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 BX.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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