Ecuador vs IDA only: Insurance and financial services (% of commercial service imports)

Ecuador
13.9%
in 2025
IDA only
7.8%
in 2024
Ecuador rank
22nd
IDA only rank
24th

Insurance and financial services (% of commercial service imports) over time

  • Ecuador
  • IDA only
051015197620002025

How they compare

Ecuador currently reports 13.9% against 7.8% in IDA only, a difference of 6.1%.

That makes Ecuador's figure about 1.8 times IDA only's.

The two have swapped places 2 times across 46 shared years of data; in 1977 it was Ecuador ahead.

Ecuador ranks 22nd and IDA only ranks 24th of 197 countries.

Across the 6 decades both report, Ecuador averaged higher in 5 and IDA only in 1.

Head to head by decade

Decade Ecuador IDA only Difference Ahead
1970s 15.3% 5.7% 9.6% Ecuador
1980s 9.3% 6.3% 3.1% Ecuador
1990s 5.2% 5.4% 0.2% IDA only
2000s 6.3% 5.5% 0.8% Ecuador
2010s 12.1% 6.7% 5.4% Ecuador
2020s 12.4% 7.6% 4.7% Ecuador

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Ecuador or IDA only?
Ecuador, at 13.9% against 7.8% in IDA only as of 2025.
What is the difference in insurance and financial services between Ecuador and IDA only?
6.1%, with Ecuador ahead.
How many years of comparable data are there for Ecuador and IDA only?
46 years are reported by both, from 1977 to 2024.
How do Ecuador and IDA only rank globally for insurance and financial services?
Ecuador ranks 22nd and IDA only ranks 24th 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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Ecuador vs IDA only: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 08 November 2026, from https://private-sector.statizoid.com/compare/insurance-and-financial-services-percent-of-commercial-service-imports/ecuador/ida-only/

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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, 9,492 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.