Africa Western and Central vs Iran: Insurance and financial services (% of commercial service imports)
Insurance and financial services (% of commercial service imports) over time
- Africa Western and Central
- Iran
How they compare
Iran currently reports 13.5% against 8.3% in Africa Western and Central, a difference of 5.2%.
That makes Iran's figure about 1.6 times Africa Western and Central's.
The two have swapped places 1 time across 24 shared years of data; in 1977 it was Africa Western and Central ahead.
Africa Western and Central ranks 20th and Iran ranks 23rd of 47 groups.
Across the 4 decades both report, Africa Western and Central averaged higher in 1 and Iran in 3.
Head to head by decade
| Decade | Africa Western and Central | Iran | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 5.1% | 2.2% | 3.0% | Africa Western and Central |
| 1980s | 4.9% | 10.0% | 5.1% | Iran |
| 1990s | 4.6% | 9.6% | 5.0% | Iran |
| 2000s | 4.6% | 13.5% | 8.9% | Iran |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Africa Western and Central or Iran?
- Iran, at 13.5% against 8.3% in Africa Western and Central as of 2000.
- What is the difference in insurance and financial services between Africa Western and Central and Iran?
- 5.2%, with Iran ahead.
- How many years of comparable data are there for Africa Western and Central and Iran?
- 24 years are reported by both, from 1977 to 2000.
- How do Africa Western and Central and Iran rank globally for insurance and financial services?
- Africa Western and Central ranks 20th and Iran ranks 23rd of 47 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 imports). 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 imports which are commercial services provided by non-residents to residents.