Italy vs Norway: Insurance and financial services

Italy
8.6%
in 2025
Norway
7.6%
in 2025
Italy rank
46th
Norway rank
48th

Insurance and financial services over time

  • Italy
  • Norway
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How they compare

Italy currently reports 8.6% against 7.6% in Norway, a difference of 1.0%.

That makes Italy's figure about 1.1 times Norway's.

The two have swapped places 8 times across 46 shared years of data; in 1975 it was Italy ahead.

Italy ranks 46th and Norway ranks 48th of 190 countries.

Across the 6 decades both report, Italy averaged higher in 4 and Norway in 2.

Head to head by decade

Decade Italy Norway Difference Ahead
1970s 8.2% 0.4% 7.8% Italy
1980s 7.8% 0.4% 7.4% Italy
1990s 7.1% 3.3% 3.8% Italy
2000s 5.9% 4.3% 1.6% Italy
2010s 6.8% 7.6% 0.8% Norway
2020s 8.6% 8.6% 0.0% Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Italy or Norway?
Italy, at 8.6% against 7.6% in Norway as of 2025.
What is the difference in insurance and financial services between Italy and Norway?
1.0%, with Italy ahead.
How many years of comparable data are there for Italy and Norway?
46 years are reported by both, from 1975 to 2025.
How do Italy and Norway rank globally for insurance and financial services?
Italy ranks 46th and Norway ranks 48th 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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Italy vs Norway: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 16 September 2026, from https://private-sector.statizoid.com/compare/insurance-and-financial-services-percent-of-commercial-service-exports/italy/norway/

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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.