Insurance and financial services as a percentage of service imports from the balance of payment rose 5.20% to 8.67% in Germany in 2021, according to the National Central Bank / OECD.
Historically, insurance and financial services as a percentage of service imports from the balance of payment in Germany reached an all time high of 8.67% in 2021 and an all time low of 0.524% in 1976. When compared to Germany's main peers, insurance and financial services as a percentage of service imports from the balance of payment in Austria amounted to 5.78%, 7.94% in Belgium, 8.56% in France and 4.82% in Poland in 2021.
Germany has been ranked 54th within the group of 139 countries we follow in terms of insurance and financial services as a percentage of service imports from the balance of payment, 19 places above the position seen 10 years ago.
| Insurance and Financial Services (As % of Service Imports, BoP) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Austria | % | 5.47% | 5.86% | 5.87% | 5.18% | 5.00% | ||||||||||||||||
| Belgium | % | ... | 6.75% | 7.07% | 7.45% | 6.79% | 6.63% | |||||||||||||||
| Czechia | % | 5.45% | 4.96% | 4.46% | 4.41% | 4.79% | ||||||||||||||||
| France | % | 5.39% | 6.45% | 6.53% | 6.74% | 6.71% | ||||||||||||||||
| Germany | % | 6.64% | 6.37% | 5.63% | 5.78% | 5.89% | ||||||||||||||||
| Hungary | % | 3.52% | 4.17% | 3.78% | 3.65% | 3.14% | ||||||||||||||||
| Italy | % | 11.2% | 11.5% | 11.6% | 11.4% | 11.1% | ||||||||||||||||
| Luxembourg | % | 57.1% | 54.6% | 53.8% | 51.9% | 48.2% | ||||||||||||||||
| Netherlands | % | 6.02% | 6.75% | 5.81% | 5.14% | 5.62% | ||||||||||||||||
| Poland | % | 6.20% | 6.00% | 5.13% | 4.98% | 4.64% | ||||||||||||||||
| Russia | % | 3.82% | 4.03% | 3.88% | 3.00% | 3.46% | ||||||||||||||||
| Spain | % | 9.64% | 8.84% | 7.48% | 6.17% | 5.68% | ||||||||||||||||
| Switzerland | % | 4.28% | 4.09% | 4.04% | 4.02% | 3.78% | ||||||||||||||||
| Ukraine | % | 8.29% | 5.49% | 5.09% | 4.12% | 4.15% |
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