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Insurance and Financial Services (As % of Service Exports, BoP) in Germany

Source: World Bank
Last Updated: July 1, 2023

Insurance and financial services as a percentage of service exports from the balance of payment reached 12.8% in 2021 in Germany, according to the National Central Bank / OECD. This is 5.93% less than in the previous year.

Historically, insurance and financial services as a percentage of service exports from the balance of payment in Germany reached an all time high of 16.2% in 2009 and an all time low of 0.724% in 1985.

Germany has been ranked 23rd 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.

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