Bhutan vs Europe & Central Asia (IDA & IBRD countries): Insurance and financial services
Insurance and financial services over time
- Bhutan
- Europe & Central Asia (IDA & IBRD countries)
How they compare
Bhutan currently reports 11.4% against 5.2% in Europe & Central Asia (IDA & IBRD countries), a difference of 6.2%.
That makes Bhutan's figure about 2.2 times Europe & Central Asia (IDA & IBRD countries)'s.
The two have swapped places 3 times across 19 shared years of data; in 2006 it was Europe & Central Asia (IDA & IBRD countries) ahead.
Bhutan ranks 41st and Europe & Central Asia (IDA & IBRD countries) ranks 41st of 197 countries.
Across the 3 decades both report, Bhutan averaged higher in 1 and Europe & Central Asia (IDA & IBRD countries) in 2.
Head to head by decade
| Decade | Bhutan | Europe & Central Asia (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.7% | 7.7% | 5.0% | Europe & Central Asia (IDA & IBRD countries) |
| 2010s | 3.7% | 7.1% | 3.4% | Europe & Central Asia (IDA & IBRD countries) |
| 2020s | 9.1% | 5.8% | 3.3% | Bhutan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Bhutan or Europe & Central Asia (IDA & IBRD countries)?
- Bhutan, at 11.4% against 5.2% in Europe & Central Asia (IDA & IBRD countries) as of 2024.
- What is the difference in insurance and financial services between Bhutan and Europe & Central Asia (IDA & IBRD countries)?
- 6.2%, with Bhutan ahead.
- How many years of comparable data are there for Bhutan and Europe & Central Asia (IDA & IBRD countries)?
- 19 years are reported by both, from 2006 to 2024.
- How do Bhutan and Europe & Central Asia (IDA & IBRD countries) rank globally for insurance and financial services?
- Bhutan ranks 41st and Europe & Central Asia (IDA & IBRD countries) ranks 41st 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.