Azerbaijan vs India: Insurance and financial services
Insurance and financial services over time
- Azerbaijan
- India
How they compare
India currently reports 2.9% against 2.7% in Azerbaijan, a difference of 0.2%.
That makes India's figure about 1.1 times Azerbaijan's.
Across all 29 years both countries report, India has been ahead every year.
Azerbaijan ranks 161st and India ranks 158th of 197 countries.
India has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Azerbaijan | India | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.0% | 5.2% | 4.2% | India |
| 2000s | 2.4% | 8.9% | 6.6% | India |
| 2010s | 2.4% | 7.4% | 5.0% | India |
| 2020s | 3.1% | 4.5% | 1.4% | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Azerbaijan or India?
- India, at 2.9% against 2.7% in Azerbaijan as of 2025.
- What is the difference in insurance and financial services between Azerbaijan and India?
- 0.2%, with India ahead.
- How many years of comparable data are there for Azerbaijan and India?
- 29 years are reported by both, from 1995 to 2025.
- How do Azerbaijan and India rank globally for insurance and financial services?
- Azerbaijan ranks 161st and India ranks 158th of 197 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 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.