Armenia vs Low income: Insurance and financial services
Insurance and financial services over time
- Armenia
- Low income
How they compare
Armenia currently reports 11.8% against 4.2% in Low income, a difference of 7.6%.
That makes Armenia's figure about 2.8 times Low income's.
The two have swapped places 3 times across 18 shared years of data; in 2005 it was Low income ahead.
Armenia ranks 27th and Low income ranks 29th of 190 countries.
Across the 3 decades both report, Armenia averaged higher in 1 and Low income in 2.
Head to head by decade
| Decade | Armenia | Low income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.3% | 6.2% | 3.9% | Low income |
| 2010s | 2.0% | 6.8% | 4.9% | Low income |
| 2020s | 6.4% | 5.0% | 1.4% | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Armenia or Low income?
- Armenia, at 11.8% against 4.2% in Low income as of 2025.
- What is the difference in insurance and financial services between Armenia and Low income?
- 7.6%, with Armenia ahead.
- How many years of comparable data are there for Armenia and Low income?
- 18 years are reported by both, from 2005 to 2022.
- How do Armenia and Low income rank globally for insurance and financial services?
- Armenia ranks 27th and Low income ranks 29th 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.