Least developed countries vs Lebanon: Insurance and financial services
Insurance and financial services over time
- Least developed countries
- Lebanon
How they compare
Lebanon currently reports 9.5% against 2.7% in Least developed countries, a difference of 6.8%.
That makes Lebanon's figure about 3.5 times Least developed countries's.
The two have swapped places 1 time across 9 shared years of data; in 2003 it was Least developed countries ahead.
Least developed countries ranks 41st and Lebanon ranks 41st of 45 groups.
Across the 2 decades both report, Least developed countries averaged higher in 1 and Lebanon in 1.
Head to head by decade
| Decade | Least developed countries | Lebanon | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.7% | 1.6% | 1.1% | Least developed countries |
| 2010s | 4.8% | 13.2% | 8.4% | Lebanon |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Least developed countries or Lebanon?
- Lebanon, at 9.5% against 2.7% in Least developed countries as of 2023.
- What is the difference in insurance and financial services between Least developed countries and Lebanon?
- 6.8%, with Lebanon ahead.
- How many years of comparable data are there for Least developed countries and Lebanon?
- 9 years are reported by both, from 2003 to 2019.
- How do Least developed countries and Lebanon rank globally for insurance and financial services?
- Least developed countries ranks 41st and Lebanon ranks 41st of 45 groups.
- 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.