Algeria vs Middle income: Insurance and financial services
Insurance and financial services over time
- Algeria
- Middle income
How they compare
Algeria currently reports 10.8% against 3.2% in Middle income, a difference of 7.6%.
That makes Algeria's figure about 3.4 times Middle income's.
The two have swapped places 1 time across 30 shared years of data; in 1982 it was Middle income ahead.
Algeria ranks 31st and Middle income ranks 33rd of 190 countries.
Algeria has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Algeria | Middle income | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 8.0% | 5.9% | 2.0% | Algeria |
| 1990s | 5.8% | 4.0% | 1.8% | Algeria |
| 2000s | 9.8% | 2.7% | 7.0% | Algeria |
| 2010s | 10.1% | 3.9% | 6.2% | Algeria |
| 2020s | 10.2% | 4.3% | 5.9% | Algeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Algeria or Middle income?
- Algeria, at 10.8% against 3.2% in Middle income as of 2024.
- What is the difference in insurance and financial services between Algeria and Middle income?
- 7.6%, with Algeria ahead.
- How many years of comparable data are there for Algeria and Middle income?
- 30 years are reported by both, from 1982 to 2024.
- How do Algeria and Middle income rank globally for insurance and financial services?
- Algeria ranks 31st and Middle income ranks 33rd 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.