Belgium vs Kuwait: Insurance and financial services
Insurance and financial services over time
- Belgium
- Kuwait
How they compare
Kuwait currently reports 8.9% against 8.9% in Belgium, a difference of 0.0%.
The two have swapped places 5 times across 24 shared years of data; in 2002 it was Belgium ahead.
Belgium ranks 66th and Kuwait ranks 65th of 197 countries.
Across the 3 decades both report, Belgium averaged higher in 2 and Kuwait in 1.
Head to head by decade
| Decade | Belgium | Kuwait | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 7.4% | 2.2% | 5.2% | Belgium |
| 2010s | 7.6% | 6.6% | 1.0% | Belgium |
| 2020s | 8.2% | 11.2% | 3.0% | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Belgium or Kuwait?
- Kuwait, at 8.9% against 8.9% in Belgium as of 2025.
- What is the difference in insurance and financial services between Belgium and Kuwait?
- 0.0%, with Kuwait ahead.
- How many years of comparable data are there for Belgium and Kuwait?
- 24 years are reported by both, from 2002 to 2025.
- How do Belgium and Kuwait rank globally for insurance and financial services?
- Belgium ranks 66th and Kuwait ranks 65th 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.