Czechia vs Iceland: Insurance and financial services
Insurance and financial services over time
- Czechia
- Iceland
How they compare
Iceland currently reports 6.2% against 6.1% in Czechia, a difference of 0.1%.
The two have swapped places 5 times across 19 shared years of data; in 1993 it was Czechia ahead.
Czechia ranks 104th and Iceland ranks 101st of 197 countries.
Czechia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Czechia | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 8.7% | 4.5% | 4.2% | Czechia |
| 2000s | 7.7% | 5.7% | 2.0% | Czechia |
| 2010s | 5.9% | 5.1% | 0.8% | Czechia |
| 2020s | 6.2% | 4.7% | 1.5% | Czechia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Czechia or Iceland?
- Iceland, at 6.2% against 6.1% in Czechia as of 2025.
- What is the difference in insurance and financial services between Czechia and Iceland?
- 0.1%, with Iceland ahead.
- How many years of comparable data are there for Czechia and Iceland?
- 19 years are reported by both, from 1993 to 2025.
- How do Czechia and Iceland rank globally for insurance and financial services?
- Czechia ranks 104th and Iceland ranks 101st 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.