IBRD only vs Panama: Insurance and financial services

IBRD only
3.2%
in 2025
Panama
9.9%
in 2025
IBRD only rank
35th
Panama rank
36th

Insurance and financial services over time

  • IBRD only
  • Panama
051015197720012025

How they compare

Panama currently reports 9.9% against 3.2% in IBRD only, a difference of 6.7%.

That makes Panama's figure about 3.1 times IBRD only's.

The two have swapped places 6 times across 44 shared years of data; in 1982 it was Panama ahead.

IBRD only ranks 35th and Panama ranks 36th of 45 groups.

Panama has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade IBRD only Panama Difference Ahead
1980s 6.0% 7.4% 1.5% Panama
1990s 4.0% 6.3% 2.3% Panama
2000s 2.6% 11.2% 8.6% Panama
2010s 3.7% 11.5% 7.8% Panama
2020s 3.9% 9.9% 6.0% Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, IBRD only or Panama?
Panama, at 9.9% against 3.2% in IBRD only as of 2025.
What is the difference in insurance and financial services between IBRD only and Panama?
6.7%, with Panama ahead.
How many years of comparable data are there for IBRD only and Panama?
44 years are reported by both, from 1982 to 2025.
How do IBRD only and Panama rank globally for insurance and financial services?
IBRD only ranks 35th and Panama ranks 36th of 45 groups.
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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IBRD only vs Panama: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 15 September 2026, from https://private-sector.statizoid.com/compare/insurance-and-financial-services-percent-of-commercial-service-exports/ibrd-only/panama/

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About this data

Indicator
Insurance and financial services (% of commercial service exports)
Unit
% of commercial service exports
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
235 places, 8,390 data points, 1960–2025
Last refreshed

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.