Euro area vs Iran: Insurance and financial services (% of commercial service imports)
Insurance and financial services (% of commercial service imports) over time
- Euro area
- Iran
How they compare
Iran currently reports 13.5% against 8.3% in Euro area, a difference of 5.2%.
That makes Iran's figure about 1.6 times Euro area's.
The two have swapped places 3 times across 25 shared years of data; in 1976 it was Euro area ahead.
Euro area ranks 21st and Iran ranks 23rd of 47 groups.
Across the 4 decades both report, Euro area averaged higher in 1 and Iran in 3.
Head to head by decade
| Decade | Euro area | Iran | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 4.6% | 2.5% | 2.1% | Euro area |
| 1980s | 5.1% | 10.0% | 4.9% | Iran |
| 1990s | 6.0% | 9.6% | 3.6% | Iran |
| 2000s | 4.2% | 13.5% | 9.3% | Iran |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Euro area or Iran?
- Iran, at 13.5% against 8.3% in Euro area as of 2000.
- What is the difference in insurance and financial services between Euro area and Iran?
- 5.2%, with Iran ahead.
- How many years of comparable data are there for Euro area and Iran?
- 25 years are reported by both, from 1976 to 2000.
- How do Euro area and Iran rank globally for insurance and financial services?
- Euro area ranks 21st and Iran ranks 23rd of 47 groups.
- 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.
Individual pages
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.