Insurance & Financial Services Trade Statistics in Turkiye (2026)
In 2024, insurance and financial services exports in Turkiye stood at 2.5% of service exports, according to World Bank World Development Indicators data. Down from 3.2% in 2023 to 2.5% in 2024 (−0.8 percentage points). Turkiye ranks #28 of 50 economies in Europe & Central Asia on this measure, and #97 of 176 globally.
Key Statistics
- Latest value (2024)
- 2.5% (2024)
- Insurance & Financial Services Trade in Turkiye as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- −0.8 pp (2024)
- Down from 3.2% in 2023 to 2.5% in 2024 (−0.8 percentage points).
- Earliest value in this dataset (1992)
- 1.6% (1992)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 1.6% in 1992 to 2.5% in 2024.
- Peak value (2008)
- 4.3% (2008)
- Highest value in the available series; the 2024 value is 2.5%.
- Rank in Europe & Central Asia
- #28 of 50 (2024)
- Turkiye ranks 28 of 50 countries in Europe & Central Asia with data, based on each country's latest value.
- Global rank
- #97 of 176 (2024)
- Turkiye ranks 97 of 176 countries with data globally.
- Europe & Central Asia average
- 6.5% (2024)
- Turkiye (2.5%) is below the average of 6.5% across the 50 countries in Europe & Central Asia with data.
- Insurance and financial services (% of service imports, BoP) (2024)
- 8.7% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in Turkiye (2025)
- 89.8% (2025)
- 89.8% of the population in Turkiye used the internet in 2025 (World Bank); shown for context only.
- Population (2024)
- 85.5 million (2024)
- Turkiye had a population of 85.5 million in 2024 (World Bank); shown for scale only.
Trend, 1992–2024
| Year | % of service exports (BoP) | Change |
|---|---|---|
| 2024 | 2.5% | −0.8 pp |
| 2023 | 3.2% | +1.6 pp |
| 2022 | 1.7% | −0.5 pp |
| 2021 | 2.2% | −1.2 pp |
| 2020 | 3.4% | +1.0 pp |
| 2019 | 2.5% | −0.3 pp |
| 2018 | 2.8% | −0.3 pp |
| 2017 | 3.1% | +0.5 pp |
| 2016 | 2.6% | −0.0 pp |
| 2015 | 2.6% | −0.1 pp |
| 2014 | 2.7% | +0.4 pp |
| 2013 | 2.3% | −0.5 pp |
| 2012 | 2.8% | −0.5 pp |
| 2011 | 3.3% | −0.0 pp |
| 2010 | 3.3% | +0.1 pp |
| 2009 | 3.2% | −1.1 pp |
| 2008 | 4.3% | +0.8 pp |
| 2007 | 3.5% | +0.4 pp |
| 2006 | 3.1% | +0.7 pp |
| 2005 | 2.4% | −0.0 pp |
| 2004 | 2.4% | −0.3 pp |
| 2003 | 2.8% | +1.0 pp |
| 2002 | 1.8% | −0.6 pp |
| 2001 | 2.3% | +0.3 pp |
| 2000 | 2.1% | −0.1 pp |
| 1999 | 2.1% | −0.1 pp |
| 1998 | 2.2% | +0.4 pp |
| 1997 | 1.8% | −0.6 pp |
| 1996 | 2.4% | +0.9 pp |
| 1995 | 1.5% | +0.3 pp |
| 1994 | 1.2% | −0.4 pp |
| 1993 | 1.6% | +0.0 pp |
| 1992 | 1.6% | — |
Frequently asked questions
What is the latest figure for insurance and financial services exports in Turkiye?
Insurance and financial services exports in Turkiye stood at 2.5% of service exports in 2024, according to World Bank World Development Indicators data.
Where does the insurance & financial services trade data for Turkiye come from?
The data comes from the World Bank World Development Indicators (indicator BX.GSR.INSF.ZS). The latest observation for Turkiye is from 2024; the snapshot was retrieved on 2026-06-10.
How has insurance & financial services trade in Turkiye changed over time?
World Bank World Development Indicators data show a rise from 1.6% in 1992 to 2.5% in 2024.
Source & methodology
Source: World Bank, World Development Indicators, indicator
BX.GSR.INSF.ZS, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .