Japan vs Norway: Insurance and financial services

Japan
7.5%
in 2025
Norway
7.6%
in 2025
Japan rank
49th
Norway rank
48th

Insurance and financial services over time

  • Japan
  • Norway
02.557.510197520002025

How they compare

Norway currently reports 7.6% against 7.5% in Japan, a difference of 0.1%.

The two have swapped places 7 times across 25 shared years of data; in 1996 it was Japan ahead.

Japan ranks 49th and Norway ranks 48th of 190 countries.

Across the 4 decades both report, Japan averaged higher in 1 and Norway in 3.

Head to head by decade

Decade Japan Norway Difference Ahead
1990s 3.5% 3.8% 0.3% Norway
2000s 5.2% 4.3% 0.9% Japan
2010s 6.0% 7.6% 1.6% 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, Japan or Norway?
Norway, at 7.6% against 7.5% in Japan as of 2025.
What is the difference in insurance and financial services between Japan and Norway?
0.1%, with Norway ahead.
How many years of comparable data are there for Japan and Norway?
25 years are reported by both, from 1996 to 2025.
How do Japan and Norway rank globally for insurance and financial services?
Japan ranks 49th 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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Japan 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/japan/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.