Kiribati vs Middle East, North Africa, Afghanistan & Pakistan (excluding high income): Insurance and financial services
Insurance and financial services over time
- Kiribati
- Middle East, North Africa, Afghanistan & Pakistan (excluding high income)
How they compare
Kiribati currently reports 15.5% against 8.6% in Middle East, North Africa, Afghanistan & Pakistan (excluding high income), a difference of 6.9%.
That makes Kiribati's figure about 1.8 times Middle East, North Africa, Afghanistan & Pakistan (excluding high income)'s.
The two have swapped places 4 times across 25 shared years of data; in 1983 it was Middle East, North Africa, Afghanistan & Pakistan (excluding high income) ahead.
Kiribati ranks 20th and Middle East, North Africa, Afghanistan & Pakistan (excluding high income) ranks 17th of 190 countries.
Across the 5 decades both report, Kiribati averaged higher in 3 and Middle East, North Africa, Afghanistan & Pakistan (excluding high income) in 2.
Head to head by decade
| Decade | Kiribati | Middle East, North Africa, Afghanistan & Pakistan (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 1.4% | 11.9% | 10.5% | Middle East, North Africa, Afghanistan & Pakistan (excluding high income) |
| 1990s | 1.4% | 9.2% | 7.8% | Middle East, North Africa, Afghanistan & Pakistan (excluding high income) |
| 2000s | 37.4% | 3.2% | 34.2% | Kiribati |
| 2010s | 16.9% | 5.6% | 11.3% | Kiribati |
| 2020s | 22.1% | 6.9% | 15.1% | Kiribati |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Kiribati or Middle East, North Africa, Afghanistan & Pakistan (excluding high income)?
- Kiribati, at 15.5% against 8.6% in Middle East, North Africa, Afghanistan & Pakistan (excluding high income) as of 2025.
- What is the difference in insurance and financial services between Kiribati and Middle East, North Africa, Afghanistan & Pakistan (excluding high income)?
- 6.9%, with Kiribati ahead.
- How many years of comparable data are there for Kiribati and Middle East, North Africa, Afghanistan & Pakistan (excluding high income)?
- 25 years are reported by both, from 1983 to 2023.
- How do Kiribati and Middle East, North Africa, Afghanistan & Pakistan (excluding high income) rank globally for insurance and financial services?
- Kiribati ranks 20th and Middle East, North Africa, Afghanistan & Pakistan (excluding high income) ranks 17th 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.