Belgium vs Ireland: Insurance and financial services
Insurance and financial services over time
- Belgium
- Ireland
How they compare
Ireland currently reports 8.8% against 8.8% in Belgium, a difference of 0.0%.
Across all 20 years both countries report, Ireland has been ahead every year.
Belgium ranks 45th and Ireland ranks 44th of 190 countries.
Ireland has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Belgium | Ireland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 8.2% | 25.9% | 17.6% | Ireland |
| 2010s | 8.5% | 16.3% | 7.8% | Ireland |
| 2020s | 8.1% | 10.0% | 1.8% | Ireland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Belgium or Ireland?
- Ireland, at 8.8% against 8.8% in Belgium as of 2024.
- What is the difference in insurance and financial services between Belgium and Ireland?
- 0.0%, with Ireland ahead.
- How many years of comparable data are there for Belgium and Ireland?
- 20 years are reported by both, from 2005 to 2024.
- How do Belgium and Ireland rank globally for insurance and financial services?
- Belgium ranks 45th and Ireland ranks 44th 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.