Germany vs Ireland: Insurance and financial services
Insurance and financial services over time
- Germany
- Ireland
How they compare
Ireland currently reports 8.8% against 8.3% in Germany, a difference of 0.5%.
That makes Ireland's figure about 1.1 times Germany's.
The two have swapped places 2 times across 20 shared years of data; in 2005 it was Ireland ahead.
Germany ranks 71st and Ireland ranks 68th of 197 countries.
Ireland has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Germany | Ireland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 5.7% | 15.6% | 9.9% | Ireland |
| 2010s | 6.2% | 10.7% | 4.5% | Ireland |
| 2020s | 8.1% | 9.0% | 0.9% | Ireland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Germany or Ireland?
- Ireland, at 8.8% against 8.3% in Germany as of 2024.
- What is the difference in insurance and financial services between Germany and Ireland?
- 0.5%, with Ireland ahead.
- How many years of comparable data are there for Germany and Ireland?
- 20 years are reported by both, from 2005 to 2024.
- How do Germany and Ireland rank globally for insurance and financial services?
- Germany ranks 71st and Ireland ranks 68th 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.
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.