Insurance and financial services as a percentage of service exports from the balance of payment fell 31.2% to 1.80% in Pakistan in 2024, according to the National Central Bank / OECD.
Historically, insurance and financial services as a percentage of service exports from the balance of payment in Pakistan reached an all time high of 4.04% in 2022 and an all time low of 0.351% in 1992.
Pakistan has been ranked 68th within the group of 97 countries we follow in terms of insurance and financial services as a percentage of service exports from the balance of payment, 10 places below the position seen 10 years ago.
| Insurance and Financial Services (As % of Service Exports, BoP) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Afghanistan | % | ... | ... | ... | ... | 0.692% | 0.616% | 0.369% | ... | ... | ... | ... | ||||||||||
| Bangladesh | % | 2.05% | 2.37% | 1.69% | 1.79% | 2.41% | ||||||||||||||||
| China | % | 3.54% | 3.56% | 3.42% | 2.82% | 2.45% | ||||||||||||||||
| India | % | 3.91% | 3.42% | 3.18% | 3.40% | 3.46% | ||||||||||||||||
| Iran | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Iraq | % | ... | 0.716% | 0.886% | 0.673% | 0.172% | 0.166% | ... | ||||||||||||||
| Japan | % | 7.05% | 7.92% | 10.9% | 9.23% | 8.26% | ||||||||||||||||
| Pakistan | % | 3.14% | 3.48% | 2.95% | 3.04% | 4.04% | ||||||||||||||||
| Russia | % | 2.84% | 2.38% | 3.31% | 3.58% | 3.40% | ||||||||||||||||
| Sri Lanka | % | 4.44% | 4.68% | 4.45% | 4.65% | 3.61% | ... | |||||||||||||||
| Tajikistan | % | 0.156% | 0.331% | 0.069% | 0.049% | 1.67% | ||||||||||||||||
| Turkmenistan | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| USA | % | 18.0% | 18.1% | 23.5% | 24.2% | 20.2% |
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