Panama vs South Asia: Insurance and financial services

Panama
9.9%
in 2025
South Asia
2.8%
in 2025
Panama rank
36th
South Asia rank
39th

Insurance and financial services over time

  • Panama
  • South Asia
051015197520002025

How they compare

Panama currently reports 9.9% against 2.8% in South Asia, a difference of 7.1%.

That makes Panama's figure about 3.6 times South Asia's.

The two have swapped places 1 time across 49 shared years of data; in 1977 it was South Asia ahead.

Panama ranks 36th and South Asia ranks 39th of 190 countries.

Across the 6 decades both report, Panama averaged higher in 5 and South Asia in 1.

Head to head by decade

Decade Panama South Asia Difference Ahead
1970s 0.1% 1.9% 1.8% South Asia
1980s 7.8% 1.5% 6.3% Panama
1990s 6.3% 2.5% 3.8% Panama
2000s 11.2% 4.5% 6.7% Panama
2010s 11.5% 4.9% 6.6% Panama
2020s 9.9% 3.3% 6.6% Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Panama or South Asia?
Panama, at 9.9% against 2.8% in South Asia as of 2025.
What is the difference in insurance and financial services between Panama and South Asia?
7.1%, with Panama ahead.
How many years of comparable data are there for Panama and South Asia?
49 years are reported by both, from 1977 to 2025.
How do Panama and South Asia rank globally for insurance and financial services?
Panama ranks 36th and South Asia ranks 39th 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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Panama vs South Asia: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 17 September 2026, from https://private-sector.statizoid.com/compare/insurance-and-financial-services-percent-of-commercial-service-exports/panama/south-asia/

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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.