Albania vs Palau: Insurance and financial services
Insurance and financial services over time
- Albania
- Palau
How they compare
Palau currently reports 0.4% against 0.4% in Albania, a difference of 0.0%.
The two have swapped places 4 times across 19 shared years of data; in 2005 it was Albania ahead.
Albania ranks 166th and Palau ranks 165th of 190 countries.
Across the 3 decades both report, Albania averaged higher in 1 and Palau in 2.
Head to head by decade
| Decade | Albania | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.9% | 0.7% | 1.2% | Albania |
| 2010s | 0.5% | 0.6% | 0.2% | Palau |
| 2020s | 0.7% | 3.7% | 3.0% | Palau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Albania or Palau?
- Palau, at 0.4% against 0.4% in Albania as of 2023.
- What is the difference in insurance and financial services between Albania and Palau?
- 0.0%, with Palau ahead.
- How many years of comparable data are there for Albania and Palau?
- 19 years are reported by both, from 2005 to 2023.
- How do Albania and Palau rank globally for insurance and financial services?
- Albania ranks 166th and Palau ranks 165th of 190 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Insurance and financial services (% of commercial service exports). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Financial services covers services related to financial intermediation, financial risk management, liquidity transformation or auxiliary financial activities. It also includes insurance and pension scheme services which are services related to providing life insurance and annuities, non-life insurance, reinsurance, pensions, standardised guarantees and auxiliary services to insurance, pension schemes, and standardised guarantee schemes. This indicator is expressed as a percentage of service exports which are commercial services provided by residents to non-residents.