Portugal vs Romania: Insurance and financial services
Insurance and financial services over time
- Portugal
- Romania
How they compare
Portugal currently reports 1.7% against 1.7% in Romania, a difference of 0.0%.
The two have swapped places 7 times across 50 shared years of data; in 1975 it was Romania ahead.
Portugal ranks 117th and Romania ranks 119th of 190 countries.
Across the 6 decades both report, Portugal averaged higher in 1 and Romania in 5.
Head to head by decade
| Decade | Portugal | Romania | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 2.0% | 4.4% | 2.4% | Romania |
| 1980s | 1.0% | 5.2% | 4.2% | Romania |
| 1990s | 2.9% | 4.6% | 1.7% | Romania |
| 2000s | 3.5% | 3.6% | 0.1% | Romania |
| 2010s | 1.8% | 2.0% | 0.2% | Romania |
| 2020s | 1.7% | 1.4% | 0.3% | Portugal |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Portugal or Romania?
- Portugal, at 1.7% against 1.7% in Romania as of 2024.
- What is the difference in insurance and financial services between Portugal and Romania?
- 0.0%, with Portugal ahead.
- How many years of comparable data are there for Portugal and Romania?
- 50 years are reported by both, from 1975 to 2024.
- How do Portugal and Romania rank globally for insurance and financial services?
- Portugal ranks 117th and Romania ranks 119th 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.