Insurance and financial services as a percentage of service exports from the balance of payment rose 3.70% to 24.5% in the USA in 2021, according to the National Central Bank / OECD.
Historically, insurance and financial services as a percentage of service exports from the balance of payment in the USA reached an all time high of 24.5% in 2021 and an all time low of 0.579% in 1977. When compared to USA's main peers, insurance and financial services as a percentage of service exports from the balance of payment in Canada amounted to 12.7%, 2.97% in China, 9.26% in Japan and 15.4% in Mexico in 2021.
USA has been ranked 8th within the group of 134 countries we follow in terms of insurance and financial services as a percentage of service exports from the balance of payment, 1 place below the position seen 10 years ago.
| Insurance and Financial Services (As % of Service Exports, BoP) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Australia | % | 6.31% | 5.32% | 5.65% | 5.81% | 5.86% | ||||||||||||||||
| Belize | % | 0.836% | 0.663% | 0.975% | 0.671% | 0.752% | ||||||||||||||||
| Canada | % | 11.2% | 10.7% | 10.2% | 9.80% | 9.33% | ||||||||||||||||
| China | % | 3.36% | 3.47% | 3.52% | 3.54% | 3.56% | ||||||||||||||||
| Guatemala | % | 3.61% | 3.86% | 3.89% | 3.59% | 4.63% | ||||||||||||||||
| Honduras | % | 0.030% | 0.136% | 0.693% | 0.112% | 0.128% | ||||||||||||||||
| India | % | 4.69% | 4.45% | 3.75% | 3.91% | 3.42% | ||||||||||||||||
| Japan | % | 7.30% | 7.94% | 6.81% | 7.05% | 7.92% | ||||||||||||||||
| Mexico | % | 14.4% | 11.0% | 14.6% | 12.5% | 11.2% | ||||||||||||||||
| Russia | % | 3.52% | 3.07% | 2.46% | 2.84% | 2.38% | ||||||||||||||||
| South Korea | % | 2.44% | 2.60% | 3.74% | 3.50% | 3.71% | ||||||||||||||||
| USA | % | 17.1% | 17.1% | 18.0% | 18.0% | 18.1% | ||||||||||||||||
| United Kingdom | % | 27.5% | 27.4% | 26.5% | 26.5% | 23.9% |
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