Kuwait vs Panama: Insurance and financial services
Insurance and financial services over time
- Kuwait
- Panama
How they compare
Panama currently reports 9.9% against 9.7% in Kuwait, a difference of 0.2%.
The two have swapped places 7 times across 33 shared years of data; in 1993 it was Kuwait ahead.
Kuwait ranks 39th and Panama ranks 36th of 190 countries.
Across the 4 decades both report, Kuwait averaged higher in 2 and Panama in 2.
Head to head by decade
| Decade | Kuwait | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 5.9% | 6.9% | 1.0% | Panama |
| 2000s | 4.7% | 11.2% | 6.5% | Panama |
| 2010s | 12.3% | 11.5% | 0.8% | Kuwait |
| 2020s | 16.4% | 9.9% | 6.5% | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Kuwait or Panama?
- Panama, at 9.9% against 9.7% in Kuwait as of 2025.
- What is the difference in insurance and financial services between Kuwait and Panama?
- 0.2%, with Panama ahead.
- How many years of comparable data are there for Kuwait and Panama?
- 33 years are reported by both, from 1993 to 2025.
- How do Kuwait and Panama rank globally for insurance and financial services?
- Kuwait ranks 39th and Panama ranks 36th 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.
Individual pages
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.