South Korea vs Rwanda: Insurance and financial services (% of commercial service exports)
Insurance and financial services (% of commercial service exports) over time
- South Korea
- Rwanda
How they compare
South Korea currently reports 4.2% against 4.1% in Rwanda, a difference of 0.1%.
The two have swapped places 3 times across 15 shared years of data; in 2010 it was Rwanda ahead.
South Korea ranks 76th and Rwanda ranks 77th of 190 countries.
Across the 2 decades both report, South Korea averaged higher in 1 and Rwanda in 1.
Head to head by decade
| Decade | South Korea | Rwanda | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 2.8% | 3.3% | 0.6% | Rwanda |
| 2020s | 4.4% | 3.8% | 0.6% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, South Korea or Rwanda?
- South Korea, at 4.2% against 4.1% in Rwanda as of 2025.
- What is the difference in insurance and financial services between South Korea and Rwanda?
- 0.1%, with South Korea ahead.
- How many years of comparable data are there for South Korea and Rwanda?
- 15 years are reported by both, from 2010 to 2024.
- How do South Korea and Rwanda rank globally for insurance and financial services?
- South Korea ranks 76th and Rwanda ranks 77th 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.