Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) vs Niger: Insurance and financial services
Insurance and financial services over time
- Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)
- Niger
How they compare
Niger currently reports 10.4% against 3.1% in Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD), a difference of 7.3%.
That makes Niger's figure about 3.4 times Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)'s.
The two have swapped places 9 times across 27 shared years of data; in 1983 it was Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) ahead.
Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) ranks 37th and Niger ranks 35th of 45 groups.
Across the 5 decades both report, Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) averaged higher in 3 and Niger in 2.
Head to head by decade
| Decade | Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) | Niger | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 11.9% | 10.6% | 1.3% | Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) |
| 1990s | 9.2% | 13.0% | 3.8% | Niger |
| 2000s | 3.8% | 3.8% | 0.0% | Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) |
| 2010s | 5.7% | 3.0% | 2.7% | Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) |
| 2020s | 6.2% | 6.7% | 0.5% | Niger |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) or Niger?
- Niger, at 10.4% against 3.1% in Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) as of 2024.
- What is the difference in insurance and financial services between Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) and Niger?
- 7.3%, with Niger ahead.
- How many years of comparable data are there for Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) and Niger?
- 27 years are reported by both, from 1983 to 2024.
- How do Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) and Niger rank globally for insurance and financial services?
- Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) ranks 37th and Niger ranks 35th 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.
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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.