Lebanon vs Upper middle income: Insurance and financial services
Insurance and financial services over time
- Lebanon
- Upper middle income
How they compare
Lebanon currently reports 9.5% against 3.0% in Upper middle income, a difference of 6.5%.
That makes Lebanon's figure about 3.2 times Upper middle income's.
The two have swapped places 3 times across 22 shared years of data; in 2002 it was Upper middle income ahead.
Lebanon ranks 41st and Upper middle income ranks 38th of 190 countries.
Across the 3 decades both report, Lebanon averaged higher in 2 and Upper middle income in 1.
Head to head by decade
| Decade | Lebanon | Upper middle income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.1% | 2.4% | 0.2% | Upper middle income |
| 2010s | 13.6% | 3.8% | 9.8% | Lebanon |
| 2020s | 8.0% | 4.3% | 3.7% | Lebanon |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Lebanon or Upper middle income?
- Lebanon, at 9.5% against 3.0% in Upper middle income as of 2023.
- What is the difference in insurance and financial services between Lebanon and Upper middle income?
- 6.5%, with Lebanon ahead.
- How many years of comparable data are there for Lebanon and Upper middle income?
- 22 years are reported by both, from 2002 to 2023.
- How do Lebanon and Upper middle income rank globally for insurance and financial services?
- Lebanon ranks 41st and Upper middle income ranks 38th 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.