Algeria vs Iran, Islamic Republic of: Insurance and financial services
Insurance and financial services over time
- Algeria
- Iran, Islamic Republic of
How they compare
Algeria currently reports 10.8% against 10.7% in Iran, Islamic Republic of, a difference of 0.1%.
Across all 9 years both countries report, Iran, Islamic Republic of has been ahead every year.
Algeria ranks 31st and Iran, Islamic Republic of ranks 32nd of 190 countries.
Iran, Islamic Republic of has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Algeria | Iran, Islamic Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 8.2% | 25.7% | 17.5% | Iran, Islamic Republic of |
| 1990s | 5.8% | 19.8% | 14.0% | Iran, Islamic Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Algeria or Iran, Islamic Republic of?
- Algeria, at 10.8% against 10.7% in Iran, Islamic Republic of as of 2024.
- What is the difference in insurance and financial services between Algeria and Iran, Islamic Republic of?
- 0.1%, with Algeria ahead.
- How many years of comparable data are there for Algeria and Iran, Islamic Republic of?
- 9 years are reported by both, from 1983 to 1991.
- How do Algeria and Iran, Islamic Republic of rank globally for insurance and financial services?
- Algeria ranks 31st and Iran, Islamic Republic of ranks 32nd 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.