Philippines vs Sri Lanka: Insurance and financial services (% of commercial service exports)
Insurance and financial services (% of commercial service exports) over time
- Philippines
- Sri Lanka
How they compare
Philippines currently reports 1.1% against 1.0% in Sri Lanka, a difference of 0.1%.
That makes Philippines's figure about 1.1 times Sri Lanka's.
The two have swapped places 1 time across 42 shared years of data; in 1984 it was Sri Lanka ahead.
Philippines ranks 144th and Sri Lanka ranks 147th of 190 countries.
Sri Lanka has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Philippines | Sri Lanka | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.4% | 4.8% | 4.4% | Sri Lanka |
| 1990s | 0.5% | 3.9% | 3.4% | Sri Lanka |
| 2000s | 1.2% | 6.5% | 5.4% | Sri Lanka |
| 2010s | 1.1% | 5.5% | 4.4% | Sri Lanka |
| 2020s | 0.9% | 2.8% | 1.9% | Sri Lanka |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Philippines or Sri Lanka?
- Philippines, at 1.1% against 1.0% in Sri Lanka as of 2025.
- What is the difference in insurance and financial services between Philippines and Sri Lanka?
- 0.1%, with Philippines ahead.
- How many years of comparable data are there for Philippines and Sri Lanka?
- 42 years are reported by both, from 1984 to 2025.
- How do Philippines and Sri Lanka rank globally for insurance and financial services?
- Philippines ranks 144th and Sri Lanka ranks 147th 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.