Belgium vs East Asia & Pacific (IDA & IBRD countries): Insurance and financial services
Insurance and financial services over time
- Belgium
- East Asia & Pacific (IDA & IBRD countries)
How they compare
Belgium currently reports 8.8% against 1.6% in East Asia & Pacific (IDA & IBRD countries), a difference of 7.2%.
That makes Belgium's figure about 5.5 times East Asia & Pacific (IDA & IBRD countries)'s.
Across all 24 years both countries report, Belgium has been ahead every year.
Belgium ranks 45th and East Asia & Pacific (IDA & IBRD countries) ranks 43rd of 190 countries.
Belgium has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Belgium | East Asia & Pacific (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 7.9% | 1.0% | 6.9% | Belgium |
| 2010s | 8.5% | 2.8% | 5.7% | Belgium |
| 2020s | 8.2% | 2.8% | 5.4% | Belgium |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Belgium or East Asia & Pacific (IDA & IBRD countries)?
- Belgium, at 8.8% against 1.6% in East Asia & Pacific (IDA & IBRD countries) as of 2025.
- What is the difference in insurance and financial services between Belgium and East Asia & Pacific (IDA & IBRD countries)?
- 7.2%, with Belgium ahead.
- How many years of comparable data are there for Belgium and East Asia & Pacific (IDA & IBRD countries)?
- 24 years are reported by both, from 2002 to 2025.
- How do Belgium and East Asia & Pacific (IDA & IBRD countries) rank globally for insurance and financial services?
- Belgium ranks 45th and East Asia & Pacific (IDA & IBRD countries) ranks 43rd 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.