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North Macedonia Insurance and financial services (% of service exports, BoP) 2026: Interactive Chart & Historical Data

Insurance and financial services (% of service exports, BoP) in North Macedonia stood at 0.14% in 2025, according to World Bank. The latest value is down 0.01 percentage points from 0.14% in 2024. Ten years earlier, in 2015, the value was 0.17% (down 0.03 percentage points since). The latest value is the lowest since 1996; the highest was 2.06% in 1996. North Macedonia ranked 149th highest of the 158 countries in this dataset in 2024; Cayman Islands ranked first.

Data source: World Bank · Unit: % · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1960–2025
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What is Insurance and financial services (% of service exports, BoP)?

Insurance and financial services (% of service exports, BoP), measured in %, captures North Macedonia's cross-border flows of goods and services, revealing the country's competitive position in global markets, trade relationships, and exposure to external economic shocks. Trade data encompasses exports (goods and services sold to other countries), imports (purchases from abroad), and the resulting balance (surplus when exports exceed imports, deficit when the reverse occurs). In North Macedonia, Insurance and financial services (% of service exports, BoP) reflects comparative advantages — sectors where the country produces efficiently relative to trading partners — as well as exchange rate effects and global demand patterns. Persistent trade deficits may indicate domestic consumption exceeding production, while surpluses suggest strong export competitiveness. Trade relationships also create supply chain dependencies; disruptions in partner countries can affect North Macedonia's industries that rely on imported components or foreign markets for their products.

Key facts

What is the latest Insurance and financial services (% of service exports, BoP) in North Macedonia?

Insurance and financial services (% of service exports, BoP) in North Macedonia stood at 0.14% in 2025, according to World Bank.

Is Insurance and financial services (% of service exports, BoP) in North Macedonia rising or falling?

The latest value is down 0.01 percentage points from 0.14% in 2024. Ten years earlier, in 2015, the value was 0.17% (down 0.03 percentage points since).

How does North Macedonia rank for Insurance and financial services (% of service exports, BoP)?

North Macedonia ranked 149th highest of the 158 countries in this dataset in 2024; Cayman Islands ranked first.

What is the highest Insurance and financial services (% of service exports, BoP) on record in North Macedonia?

The latest value is the lowest since 1996; the highest was 2.06% in 1996.

Metadata for Insurance and financial services (% of service exports, BoP) in North Macedonia
IndicatorInsurance and financial services (% of service exports, BoP)
CountryNorth Macedonia
CategoryMacroeconomics
Unit%
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

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Source:World Bank — series BX.GSR.INSF.ZS
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Insurance and financial services (% of service exports, BoP) — North Macedonia [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-bx-gsr-insf-zs/MKD. Original source: https://data.worldbank.org/indicator/BX.GSR.INSF.ZS

MLA

World Bank. "Insurance and financial services (% of service exports, BoP) — North Macedonia." EconDash, 2026, https://econdash.org/chart/wdi-bx-gsr-insf-zs/MKD. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/BX.GSR.INSF.ZS.

Chicago

World Bank. 2026. "Insurance and financial services (% of service exports, BoP) — North Macedonia." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-bx-gsr-insf-zs/MKD. Original source: https://data.worldbank.org/indicator/BX.GSR.INSF.ZS.

BibTeX
@misc{econdash_wdi_bx_gsr_insf_zs_mkd,
  author = {{World Bank}},
  title = {{Insurance and financial services (\% of service exports, BoP) --- North Macedonia}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-bx-gsr-insf-zs/MKD},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/BX.GSR.INSF.ZS}
}