Insurance and Financial Services (As % of Service Imports, BoP) fell 7.51% to 3.38% in Romania in 2024

Insurance and Financial Services (As % of Service Imports, BoP) (%), 2024
Insurance | Romania | September 1, 2025
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Insurance and financial services as a percentage of service imports from the balance of payment fell 7.51% to 3.38% in Romania in 2024, according to the National Central Bank / OECD.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in Romania reached an all time high of 10.1% in 2012 and an all time low of 2.41% in 2022. When compared to Romania's main peers, insurance and financial services as a percentage of service imports from the balance of payment in Bulgaria amounted to 8.45%, 4.15% in Hungary, 2.47% in Moldova and 2.85% in Ukraine in 2024.

Romania has been ranked 82nd within the group of 101 countries we follow in terms of insurance and financial services as a percentage of service imports from the balance of payment.

Insurance and Financial Services (As % of Service Imports, BoP) Unit 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Austria % 5.16% 4.98% 5.43% 5.76% 3.85%
Bulgaria % 16.0% 13.4% 12.7% 12.5% 9.83%
Czechia % 4.46% 4.84% 6.04% 5.63% 5.18%
Greece % 7.95% 7.32% 8.89% 9.22% 8.61%
Hungary % 3.65% 3.14% 3.82% 3.75% 2.77%
Moldova % 1.74% 1.53% 1.75% 1.72% 2.37%
Poland % 4.98% 4.62% 4.95% 4.83% 4.98%
Romania % 3.98% 3.35% 4.60% 4.43% 2.41%
Russia % 3.00% 3.46% 5.34% 4.82% 3.28%
Serbia % ... ... ... 2.52% 3.21% 4.36% 4.02% 2.78% ...
Slovakia % 4.35% 4.34% 5.46% 4.86% 3.62%
Turkey % 9.13% 8.15% 11.0% 9.33% 8.16%
Ukraine % 4.12% 4.15% 6.29% 5.47% 2.92%