Lebanon vs South Asia (IDA & IBRD): Insurance and financial services
Insurance and financial services over time
- Lebanon
- South Asia (IDA & IBRD)
How they compare
Lebanon currently reports 9.5% against 2.8% in South Asia (IDA & IBRD), a difference of 6.7%.
That makes Lebanon's figure about 3.4 times South Asia (IDA & IBRD)'s.
The two have swapped places 1 time across 22 shared years of data; in 2002 it was South Asia (IDA & IBRD) ahead.
Lebanon ranks 41st and South Asia (IDA & IBRD) ranks 39th of 190 countries.
Across the 3 decades both report, Lebanon averaged higher in 2 and South Asia (IDA & IBRD) in 1.
Head to head by decade
| Decade | Lebanon | South Asia (IDA & IBRD) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.1% | 4.5% | 2.4% | South Asia (IDA & IBRD) |
| 2010s | 13.6% | 4.9% | 8.7% | Lebanon |
| 2020s | 8.0% | 3.5% | 4.6% | Lebanon |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Lebanon or South Asia (IDA & IBRD)?
- Lebanon, at 9.5% against 2.8% in South Asia (IDA & IBRD) as of 2023.
- What is the difference in insurance and financial services between Lebanon and South Asia (IDA & IBRD)?
- 6.7%, with Lebanon ahead.
- How many years of comparable data are there for Lebanon and South Asia (IDA & IBRD)?
- 22 years are reported by both, from 2002 to 2023.
- How do Lebanon and South Asia (IDA & IBRD) rank globally for insurance and financial services?
- Lebanon ranks 41st and South Asia (IDA & IBRD) ranks 39th 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.