Arab World vs Panama: Insurance and financial services

Arab World
8.9%
in 2024
Panama
17.8%
in 2025
Arab World rank
14th
Panama rank
13th

Insurance and financial services over time

  • Arab World
  • Panama
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How they compare

Panama currently reports 17.8% against 8.9% in Arab World, a difference of 8.9%.

That makes Panama's figure about 2.0 times Arab World's.

The two have swapped places 2 times across 14 shared years of data; in 2011 it was Panama ahead.

Arab World ranks 14th and Panama ranks 13th of 47 groups.

Panama has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Arab World Panama Difference Ahead
2010s 10.2% 14.6% 4.4% Panama
2020s 10.1% 14.0% 3.9% Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Arab World or Panama?
Panama, at 17.8% against 8.9% in Arab World as of 2025.
What is the difference in insurance and financial services between Arab World and Panama?
8.9%, with Panama ahead.
How many years of comparable data are there for Arab World and Panama?
14 years are reported by both, from 2011 to 2024.
How do Arab World and Panama rank globally for insurance and financial services?
Arab World ranks 14th and Panama ranks 13th 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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Arab World vs Panama: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 16 September 2026, from https://private-sector.statizoid.com/compare/insurance-and-financial-services-percent-of-commercial-service-imports/arab-world/panama/

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About this data

Indicator
Insurance and financial services (% of commercial service imports)
Unit
% of commercial service imports
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 9,395 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 imports which are commercial services provided by non-residents to residents.