High income vs Iraq: Insurance and financial services
Insurance and financial services over time
- High income
- Iraq
How they compare
Iraq currently reports 19.4% against 10.8% in High income, a difference of 8.6%.
That makes Iraq's figure about 1.8 times High income's.
Across all 20 years both countries report, Iraq has been ahead every year.
High income ranks 9th 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 | High income | Iraq | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 9.6% | 24.0% | 14.3% | Iraq |
| 2010s | 9.4% | 20.8% | 11.4% | Iraq |
| 2020s | 10.7% | 18.1% | 7.4% | Iraq |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, High income or Iraq?
- Iraq, at 19.4% against 10.8% in High income as of 2024.
- What is the difference in insurance and financial services between High income and Iraq?
- 8.6%, with Iraq ahead.
- How many years of comparable data are there for High income and Iraq?
- 20 years are reported by both, from 2005 to 2024.
- How do High income and Iraq rank globally for insurance and financial services?
- High income ranks 9th 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.
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.