Heavily indebted poor countries (HIPC) vs Iraq: Insurance and financial services
Insurance and financial services over time
- Heavily indebted poor countries (HIPC)
- Iraq
How they compare
Iraq currently reports 19.4% against 9.3% in Heavily indebted poor countries (HIPC), a difference of 10.1%.
That makes Iraq's figure about 2.1 times Heavily indebted poor countries (HIPC)'s.
Across all 20 years both countries report, Iraq has been ahead every year.
Heavily indebted poor countries (HIPC) ranks 13th and Iraq ranks 10th of 47 groups.
Iraq has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Heavily indebted poor countries (HIPC) | Iraq | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 6.8% | 24.0% | 17.2% | Iraq |
| 2010s | 6.4% | 20.8% | 14.4% | Iraq |
| 2020s | 7.5% | 18.1% | 10.6% | Iraq |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Heavily indebted poor countries (HIPC) or Iraq?
- Iraq, at 19.4% against 9.3% in Heavily indebted poor countries (HIPC) as of 2024.
- What is the difference in insurance and financial services between Heavily indebted poor countries (HIPC) and Iraq?
- 10.1%, with Iraq ahead.
- How many years of comparable data are there for Heavily indebted poor countries (HIPC) and Iraq?
- 20 years are reported by both, from 2005 to 2024.
- How do Heavily indebted poor countries (HIPC) and Iraq rank globally for insurance and financial services?
- Heavily indebted poor countries (HIPC) ranks 13th and Iraq ranks 10th 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.