Iceland vs Rwanda: Insurance and financial services
Insurance and financial services over time
- Iceland
- Rwanda
How they compare
Iceland currently reports 4.4% against 4.1% in Rwanda, a difference of 0.3%.
That makes Iceland's figure about 1.1 times Rwanda's.
The two have swapped places 1 time across 15 shared years of data; in 2010 it was Iceland ahead.
Iceland ranks 72nd and Rwanda ranks 74th of 190 countries.
Iceland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | Rwanda | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 5.3% | 3.3% | 2.0% | Iceland |
| 2020s | 4.3% | 3.8% | 0.4% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Iceland or Rwanda?
- Iceland, at 4.4% against 4.1% in Rwanda as of 2025.
- What is the difference in insurance and financial services between Iceland and Rwanda?
- 0.3%, with Iceland ahead.
- How many years of comparable data are there for Iceland and Rwanda?
- 15 years are reported by both, from 2010 to 2024.
- How do Iceland and Rwanda rank globally for insurance and financial services?
- Iceland ranks 72nd and Rwanda ranks 74th 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.