Mexico vs Upper middle income: Insurance and financial services

Mexico
9.5%
in 2025
Upper middle income
3.0%
in 2025
Mexico rank
40th
Upper middle income rank
38th

Insurance and financial services over time

  • Mexico
  • Upper middle income
2.557.51012.5197920022025

How they compare

Mexico currently reports 9.5% against 3.0% in Upper middle income, a difference of 6.5%.

That makes Mexico's figure about 3.2 times Upper middle income's.

The two have swapped places 6 times across 44 shared years of data; in 1982 it was Mexico ahead.

Mexico ranks 40th and Upper middle income ranks 38th of 190 countries.

Mexico has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Mexico Upper middle income Difference Ahead
1980s 6.5% 6.4% 0.1% Mexico
1990s 4.8% 4.1% 0.6% Mexico
2000s 9.9% 2.4% 7.4% Mexico
2010s 10.5% 3.8% 6.7% Mexico
2020s 10.2% 3.9% 6.3% Mexico

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Mexico or Upper middle income?
Mexico, at 9.5% against 3.0% in Upper middle income as of 2025.
What is the difference in insurance and financial services between Mexico and Upper middle income?
6.5%, with Mexico ahead.
How many years of comparable data are there for Mexico and Upper middle income?
44 years are reported by both, from 1982 to 2025.
How do Mexico and Upper middle income rank globally for insurance and financial services?
Mexico ranks 40th 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.

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Mexico vs Upper middle income: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 16 September 2026, from https://private-sector.statizoid.com/compare/insurance-and-financial-services-percent-of-commercial-service-exports/mexico/upper-middle-income/

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About this data

Indicator
Insurance and financial services (% of commercial service exports)
Unit
% of commercial service exports
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
235 places, 8,390 data points, 1960–2025
Last refreshed

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.