Low & middle income vs Panama: Insurance and financial services
Insurance and financial services over time
- Low & middle income
- Panama
How they compare
Panama currently reports 9.9% against 3.2% in Low & middle income, a difference of 6.7%.
That makes Panama's figure about 3.1 times Low & middle income's.
The two have swapped places 6 times across 44 shared years of data; in 1982 it was Panama ahead.
Low & middle income ranks 34th and Panama ranks 36th of 45 groups.
Panama has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Low & middle income | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 5.9% | 7.4% | 1.5% | Panama |
| 1990s | 3.9% | 6.3% | 2.4% | Panama |
| 2000s | 2.6% | 11.2% | 8.6% | Panama |
| 2010s | 3.9% | 11.5% | 7.6% | Panama |
| 2020s | 4.1% | 9.9% | 5.7% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Low & middle income or Panama?
- Panama, at 9.9% against 3.2% in Low & middle income as of 2025.
- What is the difference in insurance and financial services between Low & middle income and Panama?
- 6.7%, with Panama ahead.
- How many years of comparable data are there for Low & middle income and Panama?
- 44 years are reported by both, from 1982 to 2025.
- How do Low & middle income and Panama rank globally for insurance and financial services?
- Low & middle income ranks 34th and Panama ranks 36th 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.
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.