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

Source: World Bank
Last Updated: September 1, 2025

Insurance and financial services as a percentage of service exports from the balance of payment reached 15.9% in 2024 in Singapore, according to the National Central Bank / OECD. This is 0.260% more than in the previous year.

Historically, insurance and financial services as a percentage of service exports from the balance of payment in Singapore reached an all time high of 19.4% in 2020 and an all time low of 0.407% in 1972.

Singapore has been ranked 10th 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.

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