Insurance and financial services (% of service imports, BoP) - Country Ranking

Definition: 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.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also: Thematic map, Time series comparison

Find indicator:
Rank Country Value Year
1 Luxembourg 50.99 2021
2 Bahrain 50.26 2018
3 Cayman Islands 37.45 2019
4 Cyprus 36.36 2020
5 Macao SAR, China 29.59 2020
6 Mexico 29.03 2020
7 Grenada 26.76 2020
8 El Salvador 26.65 2020
9 Trinidad and Tobago 24.50 2020
10 Malta 24.30 2020
11 Iraq 23.16 2020
12 Panama 22.51 2020
13 Dem. Rep. Congo 21.79 2020
14 Dominica 21.27 2020
15 United States 21.26 2020
16 Libya 19.64 2019
17 Colombia 19.40 2021
18 Burkina Faso 19.38 2020
19 St. Kitts and Nevis 18.53 2020
20 Ecuador 18.39 2020
21 St. Vincent and the Grenadines 18.21 2020
22 Nicaragua 17.31 2020
23 Lebanon 16.70 2020
24 Hong Kong SAR, China 16.13 2020
25 Guatemala 16.03 2020
26 Italy 15.27 2020
27 Antigua and Barbuda 15.26 2020
28 New Zealand 15.15 2020
29 Belize 15.05 2020
30 Jordan 14.97 2020
31 Costa Rica 14.30 2020
32 Dominican Republic 14.27 2020
33 Sierra Leone 14.23 2020
34 Turkey 14.16 2021
35 Canada 13.99 2021
36 Sri Lanka 13.63 2020
37 St. Lucia 13.58 2020
38 Bulgaria 13.18 2020
39 Peru 12.90 2020
40 Oman 12.72 2020
41 Mozambique 12.60 2020
42 Yemen 12.36 2016
43 Togo 12.08 2020
44 Liberia 11.73 2019
45 Egypt 11.70 2020
46 The Gambia 11.67 2021
47 United Kingdom 11.60 2020
48 Bosnia and Herzegovina 11.54 2020
49 Paraguay 11.51 2020
50 Chile 11.41 2020
51 Philippines 11.21 2021
52 The Bahamas 11.08 2020
53 Malawi 10.92 2020
54 Japan 10.72 2020
55 Tunisia 10.59 2020
56 Kenya 10.37 2020
57 Barbados 10.29 2016
58 Bolivia 10.25 2020
59 Honduras 10.21 2020
60 Fiji 10.05 2020
61 Kuwait 9.94 2020
62 Qatar 9.91 2020
63 Jamaica 9.45 2020
64 Iran 9.28 2000
65 Indonesia 9.13 2021
66 Croatia 9.08 2020
67 Angola 8.96 2020
68 Senegal 8.94 2018
69 Greece 8.89 2020
70 Mauritius 8.89 2020
71 Cambodia 8.76 2020
72 Malaysia 8.69 2021
73 France 8.63 2020
74 Ireland 8.62 2020
75 Georgia 8.51 2020
76 Spain 8.49 2020
77 Zimbabwe 8.43 2020
78 Comoros 8.38 2020
79 Germany 8.34 2020
80 Mongolia 8.32 2020
81 Armenia 8.30 2020
82 Central African Republic 7.91 1994
83 Thailand 7.80 2020
84 Timor-Leste 7.60 2020
85 Nepal 7.51 2021
86 Belgium 7.47 2020
87 Uruguay 7.45 2020
88 Singapore 7.44 2021
89 Congo 7.38 2016
90 Cameroon 7.18 2020
91 Australia 7.05 2020
92 Bangladesh 6.97 2021
93 Zambia 6.84 2020
94 Portugal 6.82 2021
95 Samoa 6.75 2020
96 Sudan 6.68 2020
97 Norway 6.47 2020
98 Netherlands 6.43 2020
99 Nigeria 6.42 2020
100 Austria 6.18 2020
101 Czech Republic 6.06 2020
102 Vanuatu 5.73 2020
103 Pakistan 5.71 2021
104 Papua New Guinea 5.67 2018
105 India 5.63 2020
106 Gabon 5.59 2015
107 South Africa 5.57 2020
108 Bhutan 5.53 2020
109 Ukraine 5.50 2021
110 Solomon Islands 5.45 2020
111 Russia 5.40 2020
112 Finland 5.36 2021
113 Tanzania 5.34 2020
114 Brazil 5.04 2021
115 Côte d'Ivoire 4.93 2020
116 Cabo Verde 4.91 2020
117 Poland 4.90 2020
118 São Tomé and Principe 4.58 2020
119 Switzerland 4.55 2020
120 New Caledonia 4.54 2016
121 Uzbekistan 4.53 2020
122 Suriname 4.47 2020
123 Serbia 4.36 2020
124 Saudi Arabia 4.35 2020
125 Argentina 4.31 2020
126 Morocco 4.25 2020
127 Guinea 4.23 2020
128 Ghana 4.21 2020
129 Slovak Republic 4.21 2020
130 Slovenia 4.17 2021
131 China 4.11 2020
132 Ethiopia 4.11 2020
133 Latvia 3.93 2021
134 Belarus 3.88 2021
135 Venezuela 3.82 2016
136 Syrian Arab Republic 3.82 2010
137 Hungary 3.75 2020
138 Sweden 3.70 2020
139 Lao PDR 3.65 2020
140 Seychelles 3.39 2020
141 Romania 3.31 2020
142 Namibia 3.23 2020
143 Djibouti 3.22 2020
144 Azerbaijan 3.16 2020
145 Kazakhstan 3.16 2020
146 Algeria 3.13 2020
147 Albania 3.12 2020
148 Korea 3.07 2021
149 Kyrgyz Republic 2.95 2020
150 Iceland 2.90 2020
151 Uganda 2.89 2020
152 Guinea-Bissau 2.87 2020
153 Andorra 2.85 2019
154 Tuvalu 2.80 2019
155 Rwanda 2.69 2020
156 Mali 2.63 2020
157 North Macedonia 2.62 2021
158 Lithuania 2.58 2020
159 Montenegro 2.58 2021
160 Lesotho 2.55 2021
161 Guyana 2.41 2020
162 Estonia 2.26 2021
163 Haiti 2.19 2021
164 Madagascar 2.11 2020
165 Kiribati 2.06 2020
166 Israel 1.86 2021
167 Moldova 1.72 2020
168 Myanmar 1.64 2019
169 Palau 1.62 2017
170 Equatorial Guinea 1.58 1988
171 Eswatini 1.57 2020
172 Eritrea 1.57 2000
173 Denmark 1.54 2020
174 Benin 1.50 2020
175 Burundi 1.47 2018
176 Mauritania 1.37 2020
177 Tonga 1.34 2020
178 Chad 1.33 1994
179 Botswana 1.33 2020
180 Afghanistan 1.32 2020
181 Brunei 1.27 2020
182 Niger 1.21 2020
183 Nauru 0.75 2018
184 Tajikistan 0.50 2020

More rankings: Africa | Asia | Central America & the Caribbean | Europe | Middle East | North America | Oceania | South America | World |

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.