Europe & Central Asia vs Iran: Insurance and financial services
Insurance and financial services over time
- Europe & Central Asia
- Iran
How they compare
Iran currently reports 13.5% against 7.7% in Europe & Central Asia, a difference of 5.8%.
That makes Iran's figure about 1.8 times Europe & Central Asia's.
Across all 14 years both countries report, Iran has been ahead every year.
Europe & Central Asia ranks 28th and Iran ranks 25th of 47 groups.
Iran has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Europe & Central Asia | Iran | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 4.5% | 10.6% | 6.1% | Iran |
| 1990s | 5.4% | 9.8% | 4.4% | Iran |
| 2000s | 5.2% | 13.5% | 8.3% | Iran |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Europe & Central Asia or Iran?
- Iran, at 13.5% against 7.7% in Europe & Central Asia as of 2000.
- What is the difference in insurance and financial services between Europe & Central Asia and Iran?
- 5.8%, with Iran ahead.
- How many years of comparable data are there for Europe & Central Asia and Iran?
- 14 years are reported by both, from 1982 to 2000.
- How do Europe & Central Asia and Iran rank globally for insurance and financial services?
- Europe & Central Asia ranks 28th and Iran ranks 25th 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.