Moldova: Insurance and financial services (% of commercial service exports)

Key figures

What the numbers say

In 2025, Moldova's insurance and financial services (% of commercial service exports) fell 0.08 percentage points on 2024 (from 0.29% to 0.21%).

Across the 30 yearly changes before that (1995 to 2024), the average change was −0.1 percentage points and a typical year strayed about 2.43 percentage points from that (the standard deviation). This year's change was 0.0 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 8.46 percentage points in 1995 and the biggest yearly fall was 9.76 percentage points in 1996. 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 the straight-line trend is downward, about 0.02 percentage points a year. A straight line explains 38% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Moldova had the 123rd highest value of the 130 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.

Closest to Moldova in the 2025 ranking

• Botswana — 120th of 130: 0.32%
• New Zealand — 121st of 130: 0.24%
• Bosnia and Herzegovina — 122nd of 130: 0.23%
• Iraq — 124th of 130: 0.14%
• North Macedonia — 125th of 130: 0.14%
• Lesotho — 126th of 130: 0.13%

What this measures

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

Limitations: Balance of payments statistics, the main source of information on international trade in services, have many weaknesses. Disaggregation of important components may be limited and varies considerably across countries. There are inconsistencies in the methods used to report items. And the recording of major flows as net items is common (for example, insurance transactions are often recorded as premiums less claims). These factors contribute to a downward bias in the value of the service trade reported in the balance of payments. Efforts are being made to improve the coverage, quality, and consistency of these data.

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

All 32 values

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

• Albania — 0.35% (2025)
• Armenia — 11.49% (2025)
• Austria — 4.06% (2025)
• Azerbaijan — 2.97% (2025)
• Belarus — 0.98% (2021)
• Belgium — 8.84% (2025)
• Bosnia and Herzegovina — 0.23% (2025)
• Bulgaria — 6.31% (2025)
• Croatia

More private sector & trade data for Moldova

• Merchandise trade (% of GDP) — 72.25% (2025)
• Merchandise imports (current US$) — US$10.92 billion (2025)
• Merchandise exports (current US$) — US$3.78 billion (2025)
• Agricultural raw materials imports (% of merchandise imports) — 1.45% (2025)
• Food imports (% of merchandise imports) — 14.85% (2025)
• Fuel imports (% of merchandise imports) — 22.41% (2025)
• Insurance and financial services (% of commercial service imports) — 1.93% (2025)
• Manufactures imports (% of merchandise imports) — 59.71% (2025)
• Ores and metals imports (% of merchandise imports) — 0.71% (2025)

Reading data like this

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Questions people ask

What is Moldova's insurance and financial services (% of commercial service exports)?

0.21% in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1994?

It is down 2.97 percentage points from 3.18% in 1994. The highest value was 11.64% in 1995 and the lowest 0.21% in 2025.

How does Moldova rank?

123rd highest of 130 economies with data for 2025.

Is the latest change in insurance and financial services (% of commercial service exports) unusual for Moldova?

In 2025, Moldova's insurance and financial services (% of commercial service exports) fell 0.08 percentage points on 2024 (from 0.29% to 0.21%). Across the 30 yearly changes before that (1995 to 2024), the average change was −0.1 percentage points and a typical year strayed about 2.43 percentage points from that (the standard deviation). This year's change was 0.0 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 TX.VAL.INSF.ZS.WT, 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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