Yemen, Rep.'s insurance and financial services (% of service imports, BoP) was 12.36% in 2016, the latest year in the World Bank's World Development Indicators. That is up 5.09 percentage points from 7.27% in 2006.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 12.36% | 2016 |
| Five years earlier | 10.06% | 2011 |
| Ten years earlier | 7.27% | 2006 |
| Highest | 13.47% | 2015 |
| Lowest | 7.27% | 2006 |
| Average since 2007 | 10.75% | 2007–2016 |
| First recorded | 8.63% | 2005 |
What the numbers say
In 2016, Yemen, Rep.'s insurance and financial services (% of service imports, BoP) fell 1.11 percentage points on 2015 (from 13.47% to 12.36%).
Across the 10 yearly changes before that (2006 to 2015), the average change was +0.48 percentage points and a typical year strayed about 1.33 percentage points from that (the standard deviation). This year's change was 1.2 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 2.17 percentage points in 2015 and the biggest yearly fall was 1.37 percentage points in 2006. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2007 to 2016 the straight-line trend is upward, about 0.51 percentage points a year. A straight line explains 80% 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
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| Yemen, Rep. | 12.36% | 2016 |
| World | 9.53% | 2025 |
| Low income | 10.18% | 2024 |
Closest to Yemen, Rep. in the 2016 ranking
- French Polynesia — 2nd of 3: 5.18%
- New Caledonia — 3rd of 3: 4.54%
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 12 values
| Year | Insurance and financial services (% of service imports, BoP) |
|---|---|
| 2016 | 12.36 |
| 2015 | 13.47 |
| 2014 | 11.3 |
| 2013 | 11.89 |
| 2012 | 12.12 |
| 2011 | 10.06 |
| 2010 | 10.02 |
| 2009 | 8.29 |
| 2008 | 8.91 |
| 2007 | 9.12 |
| 2006 |
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 Yemen, Rep.
- Grants, excluding technical cooperation (BoP, current US$) — US$4.05 billion (2023)
- Technical cooperation grants (BoP, current US$) — US$198.89 million (2023)
- Net bilateral aid flows from DAC donors, United Kingdom (current US$) — US$122.16 million (2023)
- Net bilateral aid flows from DAC donors, Total (current US$) — US$1.82 billion (2023)
- Net official development assistance and official aid received (current US$) — US$4.15 billion (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$4.15 billion (2023)
- Net official development assistance received (current US$) — US$4.15 billion (2023)
- Net official development assistance received (constant 2023 US$)
Reading data like this
Questions people ask
- What is Yemen, Rep.'s insurance and financial services (% of service imports, BoP)?
- 12.36% in 2016, according to the World Bank (World Development Indicators).
- How has it changed since 2005?
- It is up 3.73 percentage points from 8.63% in 2005. The highest value was 13.47% in 2015 and the lowest 7.27% in 2006.
- Is the latest change in insurance and financial services (% of service imports, BoP) unusual for Yemen, Rep.?
- In 2016, Yemen, Rep.'s insurance and financial services (% of service imports, BoP) fell 1.11 percentage points on 2015 (from 13.47% to 12.36%). Across the 10 yearly changes before that (2006 to 2015), the average change was +0.48 percentage points and a typical year strayed about 1.33 percentage points from that (the standard deviation). This year's change was 1.2 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
- Where does this data come from?
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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