Austria vs South Korea: Insurance and financial services (% of commercial service exports)
Insurance and financial services (% of commercial service exports) over time
- Austria
- South Korea
How they compare
South Korea currently reports 4.2% against 4.1% in Austria, a difference of 0.1%.
The two have swapped places 3 times across 21 shared years of data; in 2005 it was Austria ahead.
Austria ranks 78th and South Korea ranks 76th of 190 countries.
Across the 3 decades both report, Austria averaged higher in 2 and South Korea in 1.
Head to head by decade
| Decade | Austria | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 6.7% | 2.8% | 3.9% | Austria |
| 2010s | 5.8% | 2.8% | 3.1% | Austria |
| 2020s | 4.3% | 4.4% | 0.1% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Austria or South Korea?
- South Korea, at 4.2% against 4.1% in Austria as of 2025.
- What is the difference in insurance and financial services between Austria and South Korea?
- 0.1%, with South Korea ahead.
- How many years of comparable data are there for Austria and South Korea?
- 21 years are reported by both, from 2005 to 2025.
- How do Austria and South Korea rank globally for insurance and financial services?
- Austria ranks 78th and South Korea ranks 76th 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.