Philippines vs Tanzania: Insurance and financial services
Insurance and financial services over time
- Philippines
- Tanzania
How they compare
Philippines currently reports 1.1% against 0.9% in Tanzania, a difference of 0.2%.
That makes Philippines's figure about 1.1 times Tanzania's.
The two have swapped places 14 times across 39 shared years of data; in 1984 it was Philippines ahead.
Philippines ranks 142nd and Tanzania ranks 145th of 190 countries.
Across the 5 decades both report, Philippines averaged higher in 2 and Tanzania in 3.
Head to head by decade
| Decade | Philippines | Tanzania | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.4% | 0.3% | 0.1% | Philippines |
| 1990s | 0.5% | 1.6% | 1.1% | Tanzania |
| 2000s | 1.2% | 2.1% | 1.0% | Tanzania |
| 2010s | 1.1% | 1.7% | 0.6% | Tanzania |
| 2020s | 0.8% | 0.8% | 0.0% | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Philippines or Tanzania?
- Philippines, at 1.1% against 0.9% in Tanzania as of 2025.
- What is the difference in insurance and financial services between Philippines and Tanzania?
- 0.2%, with Philippines ahead.
- How many years of comparable data are there for Philippines and Tanzania?
- 39 years are reported by both, from 1984 to 2024.
- How do Philippines and Tanzania rank globally for insurance and financial services?
- Philippines ranks 142nd and Tanzania ranks 145th 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.