Europe & Central Asia (excluding high income) vs Iran: Insurance and financial services (% of commercial service imports)
Insurance and financial services (% of commercial service imports) over time
- Europe & Central Asia (excluding high income)
- Iran
How they compare
Iran currently reports 13.5% against 8.2% in Europe & Central Asia (excluding high income), a difference of 5.3%.
That makes Iran's figure about 1.6 times Europe & Central Asia (excluding high income)'s.
The two have swapped places 1 time across 7 shared years of data; in 1994 it was Europe & Central Asia (excluding high income) ahead.
Europe & Central Asia (excluding high income) ranks 22nd and Iran ranks 23rd of 47 groups.
Iran has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Europe & Central Asia (excluding high income) | Iran | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 7.8% | 9.7% | 1.9% | Iran |
| 2000s | 10.0% | 13.5% | 3.5% | Iran |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Europe & Central Asia (excluding high income) or Iran?
- Iran, at 13.5% against 8.2% in Europe & Central Asia (excluding high income) as of 2000.
- What is the difference in insurance and financial services between Europe & Central Asia (excluding high income) and Iran?
- 5.3%, with Iran ahead.
- How many years of comparable data are there for Europe & Central Asia (excluding high income) and Iran?
- 7 years are reported by both, from 1994 to 2000.
- How do Europe & Central Asia (excluding high income) and Iran rank globally for insurance and financial services?
- Europe & Central Asia (excluding high income) ranks 22nd 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.
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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.