Australia vs Saudi Arabia: Insurance and financial services
Insurance and financial services over time
- Australia
- Saudi Arabia
How they compare
Australia currently reports 4.7% against 4.6% in Saudi Arabia, a difference of 0.1%.
The two have swapped places 4 times across 20 shared years of data; in 2006 it was Australia ahead.
Australia ranks 69th and Saudi Arabia ranks 71st of 190 countries.
Across the 3 decades both report, Australia averaged higher in 2 and Saudi Arabia in 1.
Head to head by decade
| Decade | Australia | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 5.3% | 5.5% | 0.3% | Saudi Arabia |
| 2010s | 5.5% | 5.4% | 0.1% | Australia |
| 2020s | 6.8% | 6.5% | 0.3% | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Australia or Saudi Arabia?
- Australia, at 4.7% against 4.6% in Saudi Arabia as of 2025.
- What is the difference in insurance and financial services between Australia and Saudi Arabia?
- 0.1%, with Australia ahead.
- How many years of comparable data are there for Australia and Saudi Arabia?
- 20 years are reported by both, from 2006 to 2025.
- How do Australia and Saudi Arabia rank globally for insurance and financial services?
- Australia ranks 69th and Saudi Arabia ranks 71st 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.