Luxembourg vs North America: Insurance and financial services
Insurance and financial services over time
- Luxembourg
- North America
How they compare
Luxembourg currently reports 60.1% against 18.0% in North America, a difference of 42.1%.
That makes Luxembourg's figure about 3.3 times North America's.
Across all 27 years both countries report, Luxembourg has been ahead every year.
Luxembourg ranks 3rd and North America ranks 2nd of 190 countries.
Luxembourg has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Luxembourg | North America | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 66.8% | 9.9% | 57.0% | Luxembourg |
| 2000s | 68.1% | 13.2% | 54.9% | Luxembourg |
| 2010s | 63.3% | 16.5% | 46.8% | Luxembourg |
| 2020s | 56.3% | 19.0% | 37.3% | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Luxembourg or North America?
- Luxembourg, at 60.1% against 18.0% in North America as of 2025.
- What is the difference in insurance and financial services between Luxembourg and North America?
- 42.1%, with Luxembourg ahead.
- How many years of comparable data are there for Luxembourg and North America?
- 27 years are reported by both, from 1999 to 2025.
- How do Luxembourg and North America rank globally for insurance and financial services?
- Luxembourg ranks 3rd and North America ranks 2nd 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.