Iraq vs Tonga: Insurance and financial services
Insurance and financial services over time
- Iraq
- Tonga
How they compare
Iraq currently reports 0.1% against 0.1% in Tonga, a difference of 0.0%.
That makes Iraq's figure about 1.5 times Tonga's.
The two have swapped places 3 times across 12 shared years of data; in 2005 it was Tonga ahead.
Iraq ranks 178th and Tonga ranks 181st of 190 countries.
Across the 2 decades both report, Iraq averaged higher in 1 and Tonga in 1.
Head to head by decade
| Decade | Iraq | Tonga | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.8% | 4.8% | 4.0% | Tonga |
| 2010s | 1.1% | 0.6% | 0.5% | Iraq |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Iraq or Tonga?
- Iraq, at 0.1% against 0.1% in Tonga as of 2024.
- What is the difference in insurance and financial services between Iraq and Tonga?
- 0.0%, with Iraq ahead.
- How many years of comparable data are there for Iraq and Tonga?
- 12 years are reported by both, from 2005 to 2017.
- How do Iraq and Tonga rank globally for insurance and financial services?
- Iraq ranks 178th and Tonga ranks 181st 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.